Photo courtesy of Wikimedia Commons, Author, Hagainativ Not too long ago, news started to emerge that Jamaican banks would sever relations with cambios as they created problems with their international correspondent banks. (To transfer money abroad, banks need partner banks in that country, these are called correspondent banks.) This is a severe problem as in today’s modern, … [Read more...] about De-Risking and Correspondent Banking – A Caribbean Example
Jamaica
Boot camps to kickstart public-private partnerships in the Caribbean
Image by the Financial Gazette http://www.financialgazette.co.zw/ppps-help-reconstruction-efforts/ by David Bloomgarden and Dennis Blumenfeld The concept of public-private partnerships is in vogue in the Caribbean. Some governments mistakenly believe that PPPs allow the private sector to build and maintain infrastructure like roads, and provide public services like wastewater … [Read more...] about Boot camps to kickstart public-private partnerships in the Caribbean
Finding solutions for Jamaica’s Energy Sector Challenges (Part II)
Panelists (left to right): Mr. Fitzroy Vidal - Director of Energy, Ministry of Science, Technology, Energy and Mining (MSTEM), Dr. Ruth Potopsingh – Assoc. VP, University of Technology (UTECH) & IDB ConSOC Member, Mr. Christopher Brown - Business Development Manager, Development Bank of Jamaica (DBJ), and Mrs. Pauline Wilson - General Manager Pioneer Meats, (IDB/DBJ … [Read more...] about Finding solutions for Jamaica’s Energy Sector Challenges (Part II)
Jamaica Citizen Security and Justice Programme: Making A Difference
by Brithney Black, UWI Student While there are several negative issues blasted in the media in Jamaica, I have come to know that all is not lost. Jamaica still has the blessings of a loving God - One who is working through the Ministry of National Security. The Citizen Security and Justice Programme (CSJP) is a functioning violence-prevention initiative of the Ministry of … [Read more...] about Jamaica Citizen Security and Justice Programme: Making A Difference
Jamaica launches new electronic procurement system
Minister without Portfolio in the Ministry of Finance and Planning Horace Dalley (left) and IDB Country Representative Therese Turner-Jones. The government of Jamaica announced on July 31 the launch of the country’s first electronic procurement platform, which will improve the efficiency and quality of public procurement. The system was funded jointly by the government of … [Read more...] about Jamaica launches new electronic procurement system