BOJ allays concern that surge in election campaign expenditures will impact inflation or widen Jamaica’s fiscal deficit

The Bank of Jamaica (BOJ) has sought to allay concern that a surge in election campaign expenditures will impact inflation or widen Jamaica’s fiscal deficit.

The concern was brought to the fore during the BOJ’s Quarterly Monetary Policy Press Conference this morning.

It comes as the central bank reported that it was in a wait-and-see mode, leaving its policy rate unchanged at 5.75%.

It’s concerned that inflation could rise later this year due to changing United States trade policies which could impact Jamaica’s import prices.

BOJ Governor, Richard Byles noted that while there will be more spending during the election campaign period, no fiscal risk is projected.

The widening of fiscal deficits due to elections has reportedly been a problem in other countries.

However, Senior Deputy Governor, Dr. Wayne Robinson said Jamaica’s fiscal deficit, so far remains aligned with the national budget.

Dr. Robinson stressed that based on the BOJ’s assessment, the country’s fiscal policy poses no current risk to inflation.

Read More

Education Ministry commits to ensuring teachers get best possible wage offer, stakeholder wage meeting set for tomorrow

The Bank of Jamaica (BOJ) has sought to allay concern that a surge in election campaign expenditures will impact inflation or widen Jamaica’s fiscal deficit.

The concern was brought to the fore during the BOJ’s Quarterly Monetary Policy Press Conference this morning.

It comes as the central bank reported that it was in a wait-and-see mode, leaving its policy rate unchanged at 5.75%.

It’s concerned that inflation could rise later this year due to changing United States trade policies which could impact Jamaica’s import prices.

BOJ Governor, Richard Byles noted that while there will be more spending during the election campaign period, no fiscal risk is projected.

The widening of fiscal deficits due to elections has reportedly been a problem in other countries.

However, Senior Deputy Governor, Dr. Wayne Robinson said Jamaica’s fiscal deficit, so far remains aligned with the national budget.

Dr. Robinson stressed that based on the BOJ’s assessment, the country’s fiscal policy poses no current risk to inflation.

Read More

Increase in buses operated by JUTC contributed to 1.3% growth in the country’s transport and storage sector

The Bank of Jamaica (BOJ) has sought to allay concern that a surge in election campaign expenditures will impact inflation or widen Jamaica’s fiscal deficit.

The concern was brought to the fore during the BOJ’s Quarterly Monetary Policy Press Conference this morning.

It comes as the central bank reported that it was in a wait-and-see mode, leaving its policy rate unchanged at 5.75%.

It’s concerned that inflation could rise later this year due to changing United States trade policies which could impact Jamaica’s import prices.

BOJ Governor, Richard Byles noted that while there will be more spending during the election campaign period, no fiscal risk is projected.

The widening of fiscal deficits due to elections has reportedly been a problem in other countries.

However, Senior Deputy Governor, Dr. Wayne Robinson said Jamaica’s fiscal deficit, so far remains aligned with the national budget.

Dr. Robinson stressed that based on the BOJ’s assessment, the country’s fiscal policy poses no current risk to inflation.

Read More

PIOJ says Jamaica’s economy grew by 1.4% in this year’s second quarter

The Bank of Jamaica (BOJ) has sought to allay concern that a surge in election campaign expenditures will impact inflation or widen Jamaica’s fiscal deficit.

The concern was brought to the fore during the BOJ’s Quarterly Monetary Policy Press Conference this morning.

It comes as the central bank reported that it was in a wait-and-see mode, leaving its policy rate unchanged at 5.75%.

It’s concerned that inflation could rise later this year due to changing United States trade policies which could impact Jamaica’s import prices.

BOJ Governor, Richard Byles noted that while there will be more spending during the election campaign period, no fiscal risk is projected.

The widening of fiscal deficits due to elections has reportedly been a problem in other countries.

However, Senior Deputy Governor, Dr. Wayne Robinson said Jamaica’s fiscal deficit, so far remains aligned with the national budget.

Dr. Robinson stressed that based on the BOJ’s assessment, the country’s fiscal policy poses no current risk to inflation.

Read More

JTA President calls on Education Ministry to choose side in wage talks between Finance Ministry and Teachers’ Association

The Bank of Jamaica (BOJ) has sought to allay concern that a surge in election campaign expenditures will impact inflation or widen Jamaica’s fiscal deficit.

The concern was brought to the fore during the BOJ’s Quarterly Monetary Policy Press Conference this morning.

It comes as the central bank reported that it was in a wait-and-see mode, leaving its policy rate unchanged at 5.75%.

It’s concerned that inflation could rise later this year due to changing United States trade policies which could impact Jamaica’s import prices.

BOJ Governor, Richard Byles noted that while there will be more spending during the election campaign period, no fiscal risk is projected.

The widening of fiscal deficits due to elections has reportedly been a problem in other countries.

However, Senior Deputy Governor, Dr. Wayne Robinson said Jamaica’s fiscal deficit, so far remains aligned with the national budget.

Dr. Robinson stressed that based on the BOJ’s assessment, the country’s fiscal policy poses no current risk to inflation.

Read More

PNP Leader Mark Golding officially nominated to contest general election for St. Andrew South

The Bank of Jamaica (BOJ) has sought to allay concern that a surge in election campaign expenditures will impact inflation or widen Jamaica’s fiscal deficit.

The concern was brought to the fore during the BOJ’s Quarterly Monetary Policy Press Conference this morning.

It comes as the central bank reported that it was in a wait-and-see mode, leaving its policy rate unchanged at 5.75%.

It’s concerned that inflation could rise later this year due to changing United States trade policies which could impact Jamaica’s import prices.

BOJ Governor, Richard Byles noted that while there will be more spending during the election campaign period, no fiscal risk is projected.

The widening of fiscal deficits due to elections has reportedly been a problem in other countries.

However, Senior Deputy Governor, Dr. Wayne Robinson said Jamaica’s fiscal deficit, so far remains aligned with the national budget.

Dr. Robinson stressed that based on the BOJ’s assessment, the country’s fiscal policy poses no current risk to inflation.

Read More

Nomination day activities well underway; EOJ says all nomination centres for general election opened on time without issue

The Bank of Jamaica (BOJ) has sought to allay concern that a surge in election campaign expenditures will impact inflation or widen Jamaica’s fiscal deficit.

The concern was brought to the fore during the BOJ’s Quarterly Monetary Policy Press Conference this morning.

It comes as the central bank reported that it was in a wait-and-see mode, leaving its policy rate unchanged at 5.75%.

It’s concerned that inflation could rise later this year due to changing United States trade policies which could impact Jamaica’s import prices.

BOJ Governor, Richard Byles noted that while there will be more spending during the election campaign period, no fiscal risk is projected.

The widening of fiscal deficits due to elections has reportedly been a problem in other countries.

However, Senior Deputy Governor, Dr. Wayne Robinson said Jamaica’s fiscal deficit, so far remains aligned with the national budget.

Dr. Robinson stressed that based on the BOJ’s assessment, the country’s fiscal policy poses no current risk to inflation.

Read More

PNP releases audio version of its general election manifesto in Patois

The Bank of Jamaica (BOJ) has sought to allay concern that a surge in election campaign expenditures will impact inflation or widen Jamaica’s fiscal deficit.

The concern was brought to the fore during the BOJ’s Quarterly Monetary Policy Press Conference this morning.

It comes as the central bank reported that it was in a wait-and-see mode, leaving its policy rate unchanged at 5.75%.

It’s concerned that inflation could rise later this year due to changing United States trade policies which could impact Jamaica’s import prices.

BOJ Governor, Richard Byles noted that while there will be more spending during the election campaign period, no fiscal risk is projected.

The widening of fiscal deficits due to elections has reportedly been a problem in other countries.

However, Senior Deputy Governor, Dr. Wayne Robinson said Jamaica’s fiscal deficit, so far remains aligned with the national budget.

Dr. Robinson stressed that based on the BOJ’s assessment, the country’s fiscal policy poses no current risk to inflation.

Read More

“PNP’s manifesto a regurgitation of what JLP has done and plans to do” – Chairman of JLP Communication Taskforce, Fitz-Henley

The Bank of Jamaica (BOJ) has sought to allay concern that a surge in election campaign expenditures will impact inflation or widen Jamaica’s fiscal deficit.

The concern was brought to the fore during the BOJ’s Quarterly Monetary Policy Press Conference this morning.

It comes as the central bank reported that it was in a wait-and-see mode, leaving its policy rate unchanged at 5.75%.

It’s concerned that inflation could rise later this year due to changing United States trade policies which could impact Jamaica’s import prices.

BOJ Governor, Richard Byles noted that while there will be more spending during the election campaign period, no fiscal risk is projected.

The widening of fiscal deficits due to elections has reportedly been a problem in other countries.

However, Senior Deputy Governor, Dr. Wayne Robinson said Jamaica’s fiscal deficit, so far remains aligned with the national budget.

Dr. Robinson stressed that based on the BOJ’s assessment, the country’s fiscal policy poses no current risk to inflation.

Read More

PNP launches manifesto, says it’s rooted in love for the country and a commitment to service over self

The Bank of Jamaica (BOJ) has sought to allay concern that a surge in election campaign expenditures will impact inflation or widen Jamaica’s fiscal deficit.

The concern was brought to the fore during the BOJ’s Quarterly Monetary Policy Press Conference this morning.

It comes as the central bank reported that it was in a wait-and-see mode, leaving its policy rate unchanged at 5.75%.

It’s concerned that inflation could rise later this year due to changing United States trade policies which could impact Jamaica’s import prices.

BOJ Governor, Richard Byles noted that while there will be more spending during the election campaign period, no fiscal risk is projected.

The widening of fiscal deficits due to elections has reportedly been a problem in other countries.

However, Senior Deputy Governor, Dr. Wayne Robinson said Jamaica’s fiscal deficit, so far remains aligned with the national budget.

Dr. Robinson stressed that based on the BOJ’s assessment, the country’s fiscal policy poses no current risk to inflation.

Read More