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Monetary Policy Press Statement: QMPR Press Conference Governor’s Monetary Policy Press Statement (Aug 2022).Final
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July 18, 2022 Jamaica’s decision in July 2021, to pursue Catastrophe Bonds as a way to reduce the impact that severe natural disasters can have on the national budget, has been hailed as a prudent way to protect the economies of middle-income countries and small island developing states (SIDS). This was discussed on July […]
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Newly Acquired AFSL Approved Cambio and Remittance CompanyBank of Jamaica (the Bank) advises that Alliance Financial Services Limited (AFSL) hasbeen fully acquired by Sagicor Group Jamaica Limited (SGJL). Under the new ownershipstructure, AFSL has satisfied the Bank’s due diligence requirements. In that regard,effective 23 March 2022, AFSL is licensed to offer cambio and remittance services […]
BANK OF JAMAICA REDUCES MONETARY ACCOMMODATION Bank of Jamaica (BOJ) announces its decision to increase the policy interest rate (the rate offered to deposit-taking institutions on overnight placements with BOJ) by 50 basis points to 4.50 per cent per annum, effective 30 March 2022. The Bank also decided to continue pursuing other measures to contain […]
KPH to receive donation of Cardiovascular Rehabilitation Equipment from Zion Care International EQUIPMENT FOR KPH
