Tag: boj

Jamaica

BOJ Sees Increase In Credit By Deposit-Taking Institutions

The Bank of Jamaica (BOJ) is reporting a dramatic increase in credit extended by deposit-taking institutions to businesses and households for the 12-month period, ending December 2019. BOJ Governor Richard Byles said credit to businesses grew by 20.3 percent, while the provision to households increased by 16.5 percent. He was addressing the BOJ quarterly media briefing recently. Pollyanna Davy, Readers […]

Jamaica

BOJ Governor Says Jamaica’s Economic Outlook Remains Positive

Bank of Jamaica (BOJ) Governor, Richard Byles, says prospects for Jamaica’s economy remain positive. The governor posited the view at a Central Bank’s quarterly briefing recently. He noted that the economic outlook remains positive, despite “headwinds” and “clouds of uncertainty” arising from the global economy. “Domestic economic activity continues to show signs of recovery, although at a slower pace than […]