The Local Government Ministry is spending hundreds of millions in the coming weeks to shore up readiness for the current hurricane season. Local Government Minister, Desmond McKenzie, made the announcements as part of his presentation in the Sectoral Debate in the House of Representatives on Wednesday. Daina Davy tells us more. While the country continues […]

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Jamaica’s economy came through Hurricane Melissa in far better shape than almost anyone expected. But the country’s fiscal watchdog is warning that the recovery is far from secure. That’s the picture from the latest report from the Fiscal Commission, the independent body tasked with oversight of government finances. Its assessment, covering the financial year that […]

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No recommendations for criminal charges has been made by the Integrity Commission into allegations of Corruption at the Firearm Licensing Authority. This despite the claim that the agency’s licensing database was deliberately manipulated to plant fabricated ammunition records against a gun dealer. The report was tabled in the House of Representatives on Tuesday. Chevon Campbell […]

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Further questions are being asked about the truthfulness of accounts given by former University Hospital of the West Indies Chairman, Wayne Chai Chong, regarding the recruitment process for a new chief executive officer for the institution. It was revealed during Tuesday’s sitting of the Public Accounts Committee, PAC, that despite claims of an intensive selection […]

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The government is laying the groundwork to pursue nuclear energy for electricity generation in Jamaica. Science and Technology Minister, Dr. Andrew Wheatley, gave an update on the plan during his Sectoral Debate presentation on Tuesday. Dr. Wheatley sought to make it clear that the country’s pursuit of nuclear has nothing to do with weapons. He […]

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Some members of Parliament are lamenting that nearly 80 percent of funding under the government’s $1billion Solidarity Programme was returned to the Consolidated Fund unspent. The issue came up for discussion during Wednesday’s sitting of Parliament’s Public Administration and Appropriations Committee, PAAC. It was revealed that the programme, designed to benefit some 50,000 Jamaicans, only […]

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Governor of the Bank of Jamaica, Richard Byles, says the slow rollout of Jamaica’s digital currency, JAMDEX, is his greatest regret as he exits the job. Byles gave the assessment during the central bank’s quarterly media briefing on Tuesday. Chevon Campbell tells us more. Jamaica Digital Exchange, JAMDEX, is the official Central Bank Digital Currency […]

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Governor of the Bank of Jamaica, Richard Byles, says the slow rollout of Jamaica’s digital currency, JAMDEX, is his greatest regret as he exits the job. Byles gave the assessment during the central bank’s quarterly media briefing on Tuesday. Chevon Campbell tells us more. Jamaica Digital Exchange, JAMDEX, is the official Central Bank Digital Currency […]

The post BOJ Governor cites slow JAMDEX rollout as his biggest regret appeared first on Nationwide 90FM.

Governor of the Bank of Jamaica, Richard Byles, says the slow rollout of Jamaica’s digital currency, JAMDEX, is his greatest regret as he exits the job. Byles gave the assessment during the central bank’s quarterly media briefing on Tuesday. Chevon Campbell tells us more. Jamaica Digital Exchange, JAMDEX, is the official Central Bank Digital Currency […]

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The government is set to spend $145 million as part of a drought mitigation plan for the agriculture industry ahead of an expected dry period. Portfolio minister, Floyd Green, says consultations with the Met Service suggest a drought is likely in the coming months. Minister Green was making his contribution to the Sectoral Debate in […]

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