Jamaica
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IMF deal now sealed
KINGSTON, Jamaica, Observer – JAMAICA will get nearly US$2 billion in loans over the next four years from the International Monetary Fund (IMF), the World Bank and the Inter-American Development Bank (IDB) under the Extended Fund Facility approved by the IMF yesterday. Nearly US$1 billion in funding from the IMF, starting with an almost immediate drawdown of US$207 million, will…
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JAMAICA-BUDGET-UWI principal to chair task force on logistics hub initiative
KINGSTON, Jamaica, CMC – The Jamaica government has named the Principal of the Mona Campus of the University of the West Indies (UWI), Professor Gordon Shirley, to head a National Task Force (NTF) that will coordinate the critical infrastructural and labour factors regarding the logistics hub initiative. Prime Minister Portia Simpson Miller’s government has said that the initiative, which is…
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JAMAICA-POLITICS-Public Defender recommends Commission of Enquiry into Tivoli operation
KINGSTON, Jamaica, CMC – Jamaica’s Public Defender, Earl Witter has recommended that a Commission of Enquiry be established to look into the incursion that took place in the Corporate Area community of Tivoli Gardens nearly three years ago as security officials went on the hunt for the then fugitive Christopher ‘Dudus’ Coke. Witter, in presenting the long awaited “Tivoli Report”…
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JAMAICA-BUDGET-Reactions to PM budget presentation
KINGSTON, Jamaica, CMC – Leader of the main opposition Jamaica Labour Party (JLP), Andrew Holness has praised Prime Minister Portia Simpson Miller for what he says is a level of maturity in promising to consider suggestions from the opposition concerning the 2013/2014 budget. During her contribution to the debate on the J$531 billion (One Jamaica dollar = US$0.01 cents) budget…
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JAMAICA-ECONOMY-IMF approves new facility for Jamaica
WASHINGTON, CMC – The International Monetary Fund (IMF) Wednesday said it had approved US$932.3 million loan under its Extended Fund Facility (EFF) for Jamaica. The four-year EFF will support the Jamaica government’s comprehensive economic reform agenda and forms a critical part of a total funding package of two billion US dollars from Jamaica’s multilateral partners including the World Bank and…
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Simpson Miller makes Budget presentation today
today KINGSTON, Jamaica – Prime Minister Portia Simpson Miller will make her contribution to the 2013/2014 Budget Debate today. Simpson Miller will make her presentation in Gordon House, on the heels of the Opposition Monday saying that Jamaicans can expect the speech to be filled with “fluff” and “rhetoric”.
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A chance to combat the illegal arms trade
KINGSTON, Jamaica – Any legal measure implemented by local and foreign law enforcement agencies to combat the drug trade is welcomed by this newspaper. For we are resolute in our belief that the trafficking of narcotics is a most abominable crime for which those found guilty must feel the full weight of the law. We regard drug dealers as the…
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Tourism boom – 1.6 million air seats sold for summer
KINGSTON, Jamaica – Jamaica has secured 1.6 million air seats into the island this summer, with the bulk coming from the United States — the island's major market — even as the country continues to woo visitors from the non-traditional areas of Eastern Europe and Latin America. This is welcome news for the many tourism interests now gathered in Montego…
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Celebrating with the indefatigable George Lamming
KINGSTON, Jamaica – (Today), Barbados will celebrate National Heroes Day, and highlighting the activities will be the presentation of the prestigious Clement Payne Appreciation Award to legendary Barbadian novelist, political commentator, essayist, and public intellectual, Mr George Lamming, appropriately marking the 60th anniversary of the publication of his seminal work, In the Castle of My Skin. The octogenarian still exudes…
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Anger over South Africa award to Burnham
KINGSTON, Jamaica – THE recent decision by the South Africa Government to confer on Guyana's late President Forbes Burnham its highest national honour designated for outstanding foreign citizens- — the Oliver Tambo Award (gold) — has drawn strong criticisms from two well-known Jamaican scholars and Pan-Africanists — Dr Rupert Lewis and Dr Horace Campbell. Both have expressed shock and sadness…
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