The Bank of Jamaica is reassuring that the positive outlook for inflation this calendar year announced in its latest media briefing will not be changed due to drought conditions impacting sections of the country.
The reality of drought conditions in sections of the country has not gone unnoticed by the relatively optimistic heads of the Central Bank. Speaking at the bank of Jamaica’s first quarterly monetary policy media briefing Tuesday, Deputy Governor Robert Stennett notes the resilience of the agriculture sector despite the harsh dryness plaguing the nation.
A suggestion that inflation projections should remain on track this year unless worse comes. The Deputy Governor explains that the bank’s projections are typically weatherproof factoring in fluctuations in agricultural prices. Watch the report:
Watch more Major Stories | Breaking News | Latest Developments – CVM TV
CVM TV will be the official free-to-air broadcaster of the Jamaica Premier League (JPL) for…
Lascelles Morgan, the accused charged with the abduction and murder of Danelle Anglin, is dead.…
A fire has ravaged the northern section of the Pearnel Charles Arcade in downtown Kingston,…
The Committee of Management for Rita Humphries Lewin has officially withdrawn allegations of wrongdoing against…
St. Andrew, Jamaica – An unidentified body was discovered early this morning on Lyndhurst Crescent,…
The first hearing in Prime Minister Andrew Holness' legal challenge against the Integrity Commission, IC,…