6 Things You Need To Know Today – February 17, 2013


  1. Peter Stands Firm – Finance Minister Accepts That Government Must Prove Its Commitment To Sound Economic Decisions.  Finance Minister Peter Phillips, the stern face of the Government’s mission to move the country away from financial disaster, accepts that there must be unflinching commitment to the task ahead…read more at Jamaica-Gleaner.com
  2. Cash-Rich NHT To The Rescue – Legislative Changes May Be Needed To Pull Billions From The Housing Agency.  There is growing speculation that the Government will have to amend the law governing the operation of the National Housing Trust (NHT) to ensure that it can pull $11 billion from the entity each year for the next four years…read more at Jamaica-Gleaner.com
  3. IMF Wanted 25% Haircut On Debt, Says Byles; NDX Seen As Lesser Of Two Evils.  Big bank Scotia Group Jamaica and top insurer Sagicor Life Jamaica have separately announced an acceptance of the Government’s debt exchange in order to effectively avoid what one called an IMF-imposed haircut…read more at Jamaica-Gleaner.com
  4. Rich Bites Into The Safety Net – Wealthy Jamaicans Make Up Approximately 14 Per Cent Of PATH Beneficiaries.  Despite rigorous checking, the administrators of the Programme of Advancement Through Health and Education (PATH), have still not been able to prevent the greedy from getting benefits under the programme…read more at Jamaica-Gleaner.com
  5. Billions Blocked … As US Firm Jumps Hoops To Set Up Waste To Energy Plant In Jamaica.  An American firm hoping to spend US$700 million (J$65 billion) to set up waste-to-energy plants in Jamaica could walk away from the project…read more at Jamaica-Gleaner.com
  6. Physicians To Develop ‘Five-Star’ Medical-Tourism Centre.  Investment promotions agency, JAMPRO, has announced the signing of a memorandum of understanding with American Global MD (AGMD) for the country’s first ‘five-star’ medical-tourism facility valued at US$170 million (J$16.2b)…read more at Jamaica-Gleaner.com