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Growth & Jobs | PIOJ'S IGIF expected to be a game changer | News - Vimarsana News

Growth & Jobs | PIOJ'S IGIF expected to be a game changer | News

GROUNDBREAKING, NOVEL, and a game changer are some of the words that have been used to describe the launch of the Planning Institute of Jamaica’s (PIOJ) Inclusive Growth Index Framework (IGIF). Developed over a six-year period, the IGIF is the...

Influencer economy booms with Bolt at helm - Vimarsana News

Influencer economy booms with Bolt at helm

Jamaican influencers can average US$1,000 (J$155,000) per post online but retired sprinter Usain Bolt, with over 14 million followers, can generate 30 times that amount, according to estimates in a state-led publication. Influencers are turning...

Digital Currency Will Boost Gov't Service Delivery, Financial Inclusion – Jamaica Information Service - Vimarsana News

Digital Currency Will Boost Gov't Service Delivery, Financial Inclusion – Jamaica Information Service

The Bank of Jamaica (BOJ) anticipates that the introduction of a Central Bank Digital Currency (CBDC), slated for 2022, will serve to bolster government service delivery and boost financial inclusion for a greater number of Jamaicans. Governor, Richard Byles, said that the challenges arising in relation to the deployment of funds to beneficiaries under the multibillion-dollar COVID-19 Allocation of Resources to Employees (CARE) Programme, highlights the need for the CBDC. “The simple act of trying to get government support out to those who [were] most in need became very difficult, becau...

Source: jis.gov.jm
Jamaica Central Bank to introduce digital currency next year - Vimarsana News

Jamaica Central Bank to introduce digital currency next year

Social Share KINGSTON – The Bank of Jamaica (BOJ) said it anticipates that the introduction of a Central Bank Digital Currency (CBDC), scheduled for next year, will serve to bolster government service delivery and boost financial inclusion for a greater number of Jamaicans. BOJ governor Dr. Richard Byles said the challenges arising in relation to the deployment of funds to beneficiaries under the multibillion-dollar coronavirus (COVID-19) Allocation of Resources to Employees (CARE) programme, highlights the need for the CBDC. “The simple act of trying to get government support out to t...