THE PSOJ SUPPORTS THE JAMAICA DEBT EXCHANGE
The Private Sector Organisation of Jamaica (PSOJ) supports the decision
taken by the Government of Jamaica (GOJ) to execute the Jamaica Debt
Exchange (JDX). This transaction is consistent with the PSOJ’s own
Economic Policy Framework and recommendations made to the Government.
The Private Sector Organisation of Jamaica views with concern the recent move by the Bank of Jamaica to sharply increase interest rates on its Certificates of Deposit. This will inevitably raise interest rates across the financial system, putting more pressure on an already weak real economy at a time when the global economic crisis is placing severe pressure on Jamaica.
As Keynote Speaker at the Private Sector Organization of Jamaica’s (PSOJ) Chairman’s Club Forum at the Jamaica Pegasus, Gerard Johnson, the Country Representative for the Inter-American Development Bank (IDB), discussed a post-International Monetary fund (IMF) Jamaica based on the Government’s economic agenda and the adjustments that have to be made. Mr. Johnson addressed a crowd that included some of Jamaica’s key business figures, his presentation titled “Life After the IMF”, which detailed challenges faced by the country and the consequent support to be received from the IDB.
The Private Sector Organisation of Jamaica (PSOJ) is encouraging the members of the Jamaica Constabulary Force (JCF) and the Jamaica Defence Force (JDF) to continue their relentless and courageous efforts to restore law and order in certain sections of the Capital.
Like all law abiding citizens of Jamaica, members of the PSOJ deeply and sincerely regret the loss of lives of, and injuries sustained by, innocent Jamaicans who may have been caught in the crossfire, as well as those brave members of the security forces who have paid the ultimate price as they have engaged with criminal elements, particularly over the past week.
The four (4) organisations representing the private sector in the Partnership for Transformation (PFT) talks, The PSOJ, JCC, The MSME Alliance and the JEA/JMA, have expressed their full support for the partnership process and reiterate their strong commitment to the talks that are aimed at addressing the key economic and social issues facing the country.
THE PSOJ SUPPORTS THE JAMAICA DEBT EXCHANGE
The Private Sector Organisation of Jamaica (PSOJ) supports the decision
taken by the Government of Jamaica (GOJ) to execute the Jamaica Debt
Exchange (JDX). This transaction is consistent with the PSOJ’s own
Economic Policy Framework and recommendations made to the Government.
The Private Sector Organisation of Jamaica views with concern the recent move by the Bank of Jamaica to sharply increase interest rates on its Certificates of Deposit. This will inevitably raise interest rates across the financial system, putting more pressure on an already weak real economy at a time when the global economic crisis is placing severe pressure on Jamaica.
The Private Sector Organisation of Jamaica (PSOJ) is urging immediate action from our political leaders who are charged with the responsibility of protecting our nation from the scourge of crime and violence. PSOJ President Christopher Zacca made this call against the background of the shocking and terrible start of the new year 2009, which has already seen a significant number of reported cases of murder and other violent crimes in Jamaica.
The Private Sector Organisation of Jamaica views with grave concern the content of the US Narcotics Control Strategy Report and the implications it could have for the country and have also noted the statement made by the Honourable Prime Minister on March 2 in his address to the Parliament on the matter of US Extradition Requests.
The Private Sector Organisation of Jamaica (PSOJ) supports the crime fighting plan outlined by the Prime Minister the Honourable Bruce Golding yesterday afternoon in his presentation to Parliament.
As Keynote Speaker at the Private Sector Organization of Jamaica’s (PSOJ) Chairman’s Club Forum at the Jamaica Pegasus, Gerard Johnson, the Country Representative for the Inter-American Development Bank (IDB), discussed a post-International Monetary fund (IMF) Jamaica based on the Government’s economic agenda and the adjustments that have to be made. Mr. Johnson addressed a crowd that included some of Jamaica’s key business figures, his presentation titled “Life After the IMF”, which detailed challenges faced by the country and the consequent support to be received from the IDB.
The Private Sector Organisation of Jamaica views with grave concern the content of the US Narcotics Control Strategy Report and the implications it could have for the country and have also noted the statement made by the Honourable Prime Minister on March 2 in his address to the Parliament on the matter of US Extradition Requests.
The Private Sector Organisation of Jamaica (PSOJ) condemns the brazen and brutal slaying of Mr. Douglas Chambers, Chairman of the state-owned Jamaica Urban Transit Company (JUTC) and extends deep and heartfelt condolences to the family, friends and colleagues of Mr. Chambers who are now grieving this untimely loss.
