AGP Executive Report
Last update: 10 hours agoTourism Strategy: Jamaica has officially launched “Tourism 3.0,” a new long-term framework aimed at putting workers, training and local communities at the centre of the next phase of growth, with officials outlining how benefits should spread beyond visitor arrivals and hotel development. Central Banking & Governance: Outgoing Bank of Jamaica Governor Richard Byles told Parliament’s finance committee meeting that the $500m FSC withdrawal poses no threat to stability, while also signalling he’ll share any ideas for improving the central bank first with Finance Minister Fayval Williams. Municipal Financing: Opposition spokesperson Natalie Neita Garvey is pushing for municipal corporations to be empowered to borrow “responsibly” to fund markets, transport hubs, waste management and green public spaces, warning against a “dependency culture” that weakens delivery. Energy & Utilities: JPS is under scrutiny after an islandwide blackout, with reports pointing to severe weather and technical faults, while officials move to restore power and address cascading impacts. Maritime Environment: The House approved the Shipping (Prevention of Garbage Pollution) Regulations, 2026, to modernise Jamaica’s legal framework for ship-generated garbage controls under MARPOL Annex V. Business & Crime: A St. Elizabeth businessman was arrested at Sangster Airport after authorities reportedly found over US$200,000 concealed in soap boxes, charged with failure to report cash and concealment of criminal property. Regional Finance Oversight: Curaçao’s CBCS hosted the XLIII Annual Conference of the Caribbean Group of Banking Supervisors, focusing on resilience, innovation and how regulators should respond to AI, cybersecurity and data protection risks.
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