The Bank of Jamaica (BOJ) has held its key policy interest rate at seven per cent as it seeks to maintain tight Jamaican dollar liquidity and to continue fostering relative stability in the foreign exchange market.
The government continues to rake in more taxes than budgeted.
The Economic Programme Oversight Committee (EPOC) has asserted that Jamaica is sufficiently insulated from the banking sector fall out happening in the United States.
Read more: EPOC expects Jamaica to withstand banking sector jitters
There is an uptick in the number of persons utilising remittance services provided through the digital payment wallet – Lynk.
Read more: Uptick in the number of persons using Lynk for remittances
Businessman Richard Pandohie has been appointed to the Board of Directors of Bank of Jamaica.