Jamaica has announced plans for its second debt swap in three years in the face of a “serious economic crisis”. Prime Minister Portia Simpson Miller is taking measures to reduce its debt, which currently stands at 140% of gross domestic product (GDP), one of the highest ratios in the world. “If this debt is not [...]
Jamaica Prime Minister: Global Economic Reform Needed
September 28, 2012 | Posted by
Jamaica’s Prime Minister Portia Simpson Miller says there is need for reform of the global economic governance structure, including those of the international financial institutions. She said that such reforms are urgently required and should take into account “the need for special and differential treatment for small and vulnerable economies such as Jamaica’s”. Addressing the [...]
Jamaica PM Portia Simpson Miller Appoints Team to Tackle Looming Food Crisis
August 28, 2012 | Posted by
THE Portia Simpson Miller Cabinet has established a committee to formulate Jamaica’s response to the possibility of a significant increase in food prices, stemming from the severe drought affecting sections of the United States. What has been described as the worst drought since the 1930s has been scorching crops and farmlands in US midwestern states, [...]
Prime Minister Portia Miller Simpson on Jamaica 50
August 6, 2012 | Posted by
Jamaica celebrates its 50th anniversary on Aug. 6. The first and largest (pop. 3 million) of 10 Caribbean islands to win independence from Britain, Jamaica has a lot to fete: it’s kept up a working, uninterrupted democracy, no mean feat for any former colony. Institutions like the University of the West Indies have gained international respect. [...]
Prime Minister Portia Simpson Miller Unveils Programs To Aid Jamaica’s Poor
June 6, 2012 | Posted by
DECLARING her Government would focus its policy to support the efforts of the National Housing Trust (NHT), to make affordable housing available to contributors to the Trust, Prime Minister Portia Simpson Miller yesterday unveiled a raft of measures, which she said were aimed at stimulating the economy. Interest rates for the two lowest income bands [...]
