Finance Minister assures Jamaicans that country is well-positioned to manage fluctuations of oil prices resulting from Middle East conflict

Finance Minister Fayval Williams has assured Jamaicans that the country is well-positioned to manage the fluctuations of oil prices resulting from the ongoing conflict in the Middle East.

Speaking during this morning’s Post Cabinet Press Briefing, Mrs Williams pointed to the Net International Reserves (NIR), currently standing at US$6.8 billion as a critical safeguard against sudden movements in oil prices.

She emphasised that Jamaica is dependent on imports of oil; therefore, maintaining the NIRs is essential to ensuring that potential oil price spikes do not undermine national productivity.

The finance minister said the good news is that Jamaica is well positioned in terms of foreign exchange.

Read More

Black River Hospital receives hurricane relief supplies valued at $9M

Finance Minister Fayval Williams has assured Jamaicans that the country is well-positioned to manage the fluctuations of oil prices resulting from the ongoing conflict in the Middle East.

Speaking during this morning’s Post Cabinet Press Briefing, Mrs Williams pointed to the Net International Reserves (NIR), currently standing at US$6.8 billion as a critical safeguard against sudden movements in oil prices.

She emphasised that Jamaica is dependent on imports of oil; therefore, maintaining the NIRs is essential to ensuring that potential oil price spikes do not undermine national productivity.

The finance minister said the good news is that Jamaica is well positioned in terms of foreign exchange.

Read More

Education Ministry reports 95% attendance boost as JUTC moves to earn from Rural School Bus Programme

Finance Minister Fayval Williams has assured Jamaicans that the country is well-positioned to manage the fluctuations of oil prices resulting from the ongoing conflict in the Middle East.

Speaking during this morning’s Post Cabinet Press Briefing, Mrs Williams pointed to the Net International Reserves (NIR), currently standing at US$6.8 billion as a critical safeguard against sudden movements in oil prices.

She emphasised that Jamaica is dependent on imports of oil; therefore, maintaining the NIRs is essential to ensuring that potential oil price spikes do not undermine national productivity.

The finance minister said the good news is that Jamaica is well positioned in terms of foreign exchange.

Read More

Caribbean Cement donates $1.3M in textbook support to schools affected by hurricane Melissa

Finance Minister Fayval Williams has assured Jamaicans that the country is well-positioned to manage the fluctuations of oil prices resulting from the ongoing conflict in the Middle East.

Speaking during this morning’s Post Cabinet Press Briefing, Mrs Williams pointed to the Net International Reserves (NIR), currently standing at US$6.8 billion as a critical safeguard against sudden movements in oil prices.

She emphasised that Jamaica is dependent on imports of oil; therefore, maintaining the NIRs is essential to ensuring that potential oil price spikes do not undermine national productivity.

The finance minister said the good news is that Jamaica is well positioned in terms of foreign exchange.

Read More

Transport Ministry commences process to acquire buses for second phase of Rural School Bus System

Finance Minister Fayval Williams has assured Jamaicans that the country is well-positioned to manage the fluctuations of oil prices resulting from the ongoing conflict in the Middle East.

Speaking during this morning’s Post Cabinet Press Briefing, Mrs Williams pointed to the Net International Reserves (NIR), currently standing at US$6.8 billion as a critical safeguard against sudden movements in oil prices.

She emphasised that Jamaica is dependent on imports of oil; therefore, maintaining the NIRs is essential to ensuring that potential oil price spikes do not undermine national productivity.

The finance minister said the good news is that Jamaica is well positioned in terms of foreign exchange.

Read More

Golding disappointed with government’s decision to continue annual $11.4B transfer from NHT to central government

Finance Minister Fayval Williams has assured Jamaicans that the country is well-positioned to manage the fluctuations of oil prices resulting from the ongoing conflict in the Middle East.

Speaking during this morning’s Post Cabinet Press Briefing, Mrs Williams pointed to the Net International Reserves (NIR), currently standing at US$6.8 billion as a critical safeguard against sudden movements in oil prices.

She emphasised that Jamaica is dependent on imports of oil; therefore, maintaining the NIRs is essential to ensuring that potential oil price spikes do not undermine national productivity.

The finance minister said the good news is that Jamaica is well positioned in terms of foreign exchange.

Read More

Bellevue Hospital launches internal review to establish patient’s death on hospital compound today

Finance Minister Fayval Williams has assured Jamaicans that the country is well-positioned to manage the fluctuations of oil prices resulting from the ongoing conflict in the Middle East.

Speaking during this morning’s Post Cabinet Press Briefing, Mrs Williams pointed to the Net International Reserves (NIR), currently standing at US$6.8 billion as a critical safeguard against sudden movements in oil prices.

She emphasised that Jamaica is dependent on imports of oil; therefore, maintaining the NIRs is essential to ensuring that potential oil price spikes do not undermine national productivity.

The finance minister said the good news is that Jamaica is well positioned in terms of foreign exchange.

Read More

Tesha Miller gang trial resumes today

Finance Minister Fayval Williams has assured Jamaicans that the country is well-positioned to manage the fluctuations of oil prices resulting from the ongoing conflict in the Middle East.

Speaking during this morning’s Post Cabinet Press Briefing, Mrs Williams pointed to the Net International Reserves (NIR), currently standing at US$6.8 billion as a critical safeguard against sudden movements in oil prices.

She emphasised that Jamaica is dependent on imports of oil; therefore, maintaining the NIRs is essential to ensuring that potential oil price spikes do not undermine national productivity.

The finance minister said the good news is that Jamaica is well positioned in terms of foreign exchange.

Read More

JPS installs mobile power unit, restoring electricity to 850 customers in Bethel Town, Westmorland

Finance Minister Fayval Williams has assured Jamaicans that the country is well-positioned to manage the fluctuations of oil prices resulting from the ongoing conflict in the Middle East.

Speaking during this morning’s Post Cabinet Press Briefing, Mrs Williams pointed to the Net International Reserves (NIR), currently standing at US$6.8 billion as a critical safeguard against sudden movements in oil prices.

She emphasised that Jamaica is dependent on imports of oil; therefore, maintaining the NIRs is essential to ensuring that potential oil price spikes do not undermine national productivity.

The finance minister said the good news is that Jamaica is well positioned in terms of foreign exchange.

Read More

Moderate earthquake felt in Golden Spring, St Andrew this morning

Finance Minister Fayval Williams has assured Jamaicans that the country is well-positioned to manage the fluctuations of oil prices resulting from the ongoing conflict in the Middle East.

Speaking during this morning’s Post Cabinet Press Briefing, Mrs Williams pointed to the Net International Reserves (NIR), currently standing at US$6.8 billion as a critical safeguard against sudden movements in oil prices.

She emphasised that Jamaica is dependent on imports of oil; therefore, maintaining the NIRs is essential to ensuring that potential oil price spikes do not undermine national productivity.

The finance minister said the good news is that Jamaica is well positioned in terms of foreign exchange.

Read More