6 Things You Need To Know Today – May 7, 2014


  1. Jamaica Clears First-Year IMF Hurdle. Jamaica has met – and in some cases surpassed – key fiscal and monetary targets under its agreement with the International Monetary Fund (IMF), paving the way for a successful first year under the four-year extended fund facility… Read more at Jamaica-Gleaner.com
  2. Power Plan Gets Reboot: Vin Lawrence To Oversee Energy Project Implementation. The entity that eventually gets the nod to implement the baseload energy project, which is, among other things, aimed at reducing light bills by 30 per cent, could be eligible for massive tax breaks under the Income Tax Relief (large-scale projects and pioneer industries) Act… Read more at Jamaica-Gleaner.com
  3. Phillips Up Against The Clock On Banking Bill. Faced with a four-week deadline for the passage of the Banking Services Act, Dr Peter Phillips, the minister of finance and chairman of the Joint Select Committee of Parliament reviewing the bill, has decided on an accelerated schedule of meetings for public feedback… Read more at Jamaica-Gleaner.com
  4. A Summary Of Holness, Simpson Miller Budget Debate. The Jamaican economy is looking better in the global eyes as confidence increases in our ability to achieve economic growth, this year, especially since the country grew by more than one per cent in the last two quarters and has passed four consecutive International Monetary Fund (IMF) tests… Read more at Jamaica-Gleaner.com
  5. Forbes To Know Fate On Friday. The attorney for embattled Senior Superintendent James Forbes has urged a magistrate to put an end to his “trauma” and dismiss the corruption charges against him… Read more at Jamaica-Gleaner.com
  6. Jamaicans Rickman, Russell Win Gold, Silver. Marksmen David Rickman and Claude Russell won gold and silver, respectively, to get Jamaica’s campaign at the 2014 West Indies Target Rifle Championships off to a dazzling start… Read more at Jamaica-Gleaner.com