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
An illegal slaughterhouse was uncovered at Big Lane, Central Village, St. Catherine, around 7 AM…
The Court of Appeal has ruled in favour of the government regarding the tenure of…
Flow Jamaica is reporting severe vandalism that has disrupted services for numerous customers in the…
The Government of Jamaica has signed $36 billion in road network contracts and announced an…
The Independent Commission of Investigations (INDECOM) will provide oversight regarding the Mas Camp incident, which…
The Integrity Commission has submitted an investigation report and an indicative ruling from its director…