Kamesha Turner Blake, Executive Director of the JMEA
Members of the private sector met with Bank of Jamaica Governor Richard Byles and his team to discuss how the central bank can help provide the financing needed to support recovery efforts following the devastation caused by Hurricane Melissa.
Kamesha Turner Blake, Executive Director of the Jamaica Manufacturers and Exporters Association (JMEA), who has been appointed to lead the private sector's recovery coordination team, says discussions are ongoing to identify funding mechanisms that can help businesses rebuild.
She also revealed that the team will meet later this week with the Jamaica Bankers Association to explore ways to encourage commercial banks to respond to the central bank's recent interest rate reduction to 5.75% per annum, noting that the move is crucial given the current economic emergency facing the country.
comments powered by Disqus
All feeds
