caricom business

  • Photo of Commercial flights to resume amidst 12% GDP decline – Jamaica: CARICOM BUSINESS

    Commercial flights to resume amidst 12% GDP decline – Jamaica: CARICOM BUSINESS

    “For the fiscal year ending March 2021, the Jamaica economy is projected to contract within a range of 4 – 6%. “This, Director General of the Planning Institute of Jamaica says would be “the weakest economic performance in almost four decades.” “This comes on the heels of a projected fallout of 12 – 14% for the economy in the April…

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  • Photo of Jamaica slashes budget to meet J$120 billion COVID costs – CARICOM BUSINESS

    Jamaica slashes budget to meet J$120 billion COVID costs – CARICOM BUSINESS

    Jamaican Finance Minister Dr Nigel Clarke has announced significant cuts in the Budget amid a steep decline in revenues because of the coronavirus. In tabling his First Supplementary Estimates in Parliament, Clarke said programmed expenses have been cut from $853.5 billion to $838.2 billion. The capital budget was slashed by 38% from $76.2 billion to $46.1 billion. This comes amid…

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  • Photo of CARICOM Business News

    CARICOM Business News

    Please see the latest edition of the CARICOM Business newsletter which comprises information culled from news entities in the Caribbean and beyond and includes a Foreign Exchange Summary, a Stock Exchange Summary and International Oil Prices. CARICOM Business 16 Feb 2018  

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