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Fitch Revises Jamaica's Outlook to Positive; Affirms at 'B+'
Business
07 March 2023

Fitch Revises Jamaica's Outlook to Positive; Affirms at 'B+'

Fitch Ratings has revised the Rating Outlook on Jamaica's Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to Positive from Stable and affirmed the IDRs at 'B+'.

Read more: Fitch Revises Jamaica's Outlook to Positive; Affirms at 'B+'

Tags: Jamaican Economy, Nigel Clarke, Economic Growth
Finance minister opens 2023/24 Budget Debate today
Business
07 March 2023

Finance minister opens 2023/24 Budget Debate today

All eyes will be on Gordon House today when the Minister of Finance and the Public Service Dr Nigel Clarke opens the Budget Debate for the 2023/24 fiscal year.

Read more: Finance minister opens 2023/24 Budget Debate today

Hill's ganja importation argument goes up in smoke - Local industry players livid
Business
04 March 2023

Hill's ganja importation argument goes up in smoke - Local industry players livid

News that the Cannabis Licensing Authority (CLA) has permitted a company with majority Jamaican ownership to import 140 kilograms of cannabis (308.647 pounds) for research purposes has been met with widespread scepticism by players in the industry.

Read more: Hill's ganja importation argument goes up in smoke - Local industry players livid

Tags: jamaica, Ganja
IMF approves US$1.7 billion in funding for Jamaica
Business
03 March 2023

IMF approves US$1.7 billion in funding for Jamaica

The executive board of the International Monetary Fund (IMF) has approved US$1.73 billion in funding for Jamaica under its precautionary and liquidity line arrangement  (PLL) and resilience and sustainability facility (RSF).

Read more: IMF approves US$1.7 billion in funding for Jamaica

Tags: Dr Nigel Clarke, IMF, Jamaican Economy
$460M! Biggest Super Lotto Jackpot in over 10 years up for grabs
Business
03 March 2023

$460M! Biggest Super Lotto Jackpot in over 10 years up for grabs

The Super Lotto jackpot prize is now at a whopping $460 million, the highest it has been since the $467 million jackpot in October 2010, Supreme Ventures Limited has announced.

Read more: $460M! Biggest Super Lotto Jackpot in over 10 years up for grabs

Tags: Supreme Ventures, Super Lotto
  1. Jamaica back to pre-pandemic growth levels
  2. Jamaican economy continues to show strong growth - BOJ
  3. HISTORIC: Clarke tables trillion-dollar budget
  4. No room in upcoming budgets for salary increases due this year, says Clarke
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