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The Financial Services Commission was established to improved the Financial Supervision in Jamaica after the 1995 Financial Crisis. [1] After the act was passed, the senior directors and key executive members were hired in November 2001. The General Manager was on-boarded in February 2002 and in April, the operations was started. [3]
Jamaica Money Market Brokers (JMMB) is a Jamaican based Caribbean investment firm, operating in Trinidad and Tobago, the Dominican Republic as well as Barbados.
Fascia (/ ˈ f eɪ ʃ ə /) is an architectural term for a vertical frieze or band under a roof edge, or which forms the outer surface of a cornice, visible to an observer. [ 1 ] Typically consisting of a wooden board, unplasticized PVC (uPVC), or non-corrosive sheet metal, many of the non-domestic fascias made of stone form an ornately carved ...
As of 30 September 2019, there is a total number of 85 companies and 120 securities listed to the JSE, and a market capitalization of just over JM$2 trillion. [3] The Jamaica Stock Exchange is composed of multiple markets: Main Market, Junior Market, USD Market, and Bond Market.
In 2000, Jamaica experienced its first year of positive growth since 1995 due to continued tight macroeconomic policies. [17] Inflation fell from 25% in 1995 to single digits in 2000, reaching a multidecade low of 4.3% in 2004. Through periodic intervention in the market, the central bank also has prevented any abrupt drop in the exchange rate.
Jamaica is an upper-middle-income country [14] with an economy heavily dependent on tourism; it has an average of 4.3 million tourists a year. [19] Jamaica is a parliamentary constitutional monarchy, with power vested in the bicameral Parliament of Jamaica, consisting of an appointed Senate and a directly elected House of Representatives. [8]
The Bank of Jamaica (Jamaican Patois: Bangk a Jumieka) is the central bank of Jamaica located in Kingston. It was established by the Bank of Jamaica Act 1960 [ 3 ] and was opened on May 1, 1961. It is responsible for the monetary policy of Jamaica on the instruction of the Minister of Finance .
Tivoli Gardens was developed in West Kingston, Jamaica, between 1963 [3] and 1965 [4] by demolishing and redeveloping the area of the Rastafarian settlement Back-O-Wall. [5] The area was notorious in the 1950s as the worst slum in the Caribbean, where "three communal standpipes and two public bathrooms served a population of well over 5,000 people."