Policy Interest Rate Pegged At 7%

Policy Interest Rate Pegged At 7%

The Governor of the Bank of Jamaica (BOJ), Richard Byles, also provided an update concerning the Bank’s policy interest rate, which had been set at 7 percent as determined by the Monetary Policy Committee’s, MPC, decision on Friday. This policy interest...
BOJ: “Core Inflation Rate Steadily Declining”

BOJ: “Core Inflation Rate Steadily Declining”

Governor of the Bank of Jamaica, BOJ, Richard Byles, announced during a morning media briefing a consistent decrease in the core inflation rate. According to him, the annual core inflation rate has been at 5.2 percent since July of this year and has demonstrated a...
Equipping Community Leaders to Build Mental Wellness

Equipping Community Leaders to Build Mental Wellness

In a successful collaboration, the Ministry of Health and Wellness, together with Pan American Health Organization, PAHO, has trained a cohort of over one hundred individuals to recognize and provide assistance to individuals diagnosed with mental illnesses. The...
Homeless Shelter Opened in Ocho Rios

Homeless Shelter Opened in Ocho Rios

A new and upgraded shelter in Ocho Rios is now open, offering a haven for the homeless population. This facility will present a chance for this vulnerable group to undergo rehabilitation and reintegrate into society. Desmond McKenzie, the Minister of Local Government,...