AGP Executive Report
Last update: 10 hours agoDigital Finance: Bank of Jamaica is working with the IFC and World Bank to strengthen JAM-DEX, including its potential role in delivering payments during disasters. Barita has also begun piloting BPay, a digital wallet aimed at reaching unbanked and underbanked Jamaicans. MSME Funding: The PSOJ wants lenders to report not just how much financing is available, but how much reaches small businesses — including approvals, disbursements and processing times. Hurricane Recovery: Insurers say they have paid J$54.35 billion on Melissa-related claims; 983 of 9,340 claims remained outstanding at September 30. Tourism: Airlines have committed 1.32 million seats for Jamaica’s January–April 2027 season, up 23.5% year on year, even as about 3,500 hotel rooms remain unavailable. Manufacturing: Honey Bun has opened a J$1-billion facility in St Catherine, adding a major investment to the island’s production capacity.
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