Dr. Phillips Confident of Passing 7th IMF Test

first_imgPhoto: JIS PhotographerMinister of Finance and Planning, Dr. the Hon Peter Phillips (2nd left), is assisted by President and Chief Executive Officer of Scotia Group Jamaica Limited, Jacqueline Sharp, in unveiling the plaque commemorating the bank’s Fairview Financial Centre in Montego Bay, which was officially opened on Wednesday (January 7). Sharing the moment are Mayor of Montego Bay, His Worship, Councillor Glendon Harris (left); and Scotia Group’s Senior Vice President for English Caribbean International Banking, Bruce Bowen. Story HighlightsMinister of Finance and Planning, Dr. the Hon. Peter Phillips, is expressing confidence that Jamaica will pass its 7th consecutive International Monetary Fund (IMF) quarterly test, when the review of the period ending December 31, 2014 is done later this year. On December 19, the Executive Board of the IMF approved the disbursement of US$67 million for Jamaica following a successful 6th review of the country’s economic performance under the four-year Extended Fund Facility (EFF).Dr. Phillips said Jamaica’s success at completing these quarterly reviews “is a testament to the commitment made by the Government to reform the economic foundations of the country and to set sound foundations for growth.” FacebookTwitterWhatsAppEmail Minister of Finance and Planning, Dr. the Hon. Peter Phillips, is expressing confidence that Jamaica will pass its 7th consecutive International Monetary Fund (IMF) quarterly test, when the review of the period ending December 31, 2014 is done later this year.On December 19, the Executive Board of the IMF approved the disbursement ofUS$67 million for Jamaica following a successful 6th review of the country’s economic performance under the four-year Extended Fund Facility (EFF).Speaking at the official opening of the Scotia Group Fairview Financial Centre in Montego Bay, St. James, on Wednesday (January 7), Dr. Phillips said he is positive that Jamaica has met all the targets and structural benchmarks necessary for the successful completion of the 7th review.Dr. Phillips said Jamaica’s success at completing these quarterly reviews “is a testament to the commitment made by the Government to reform the economic foundations of the country and to set sound foundations for growth.”He noted that “we still have a public debt that is much too high and which we need to stay the course to reduce it.”The Minister, in the meantime, reiterated the Government’s dedication to improving the lives of Jamaicans despite the challenges and restrictions of the Economic Reform Programme. RelatedCustoms Engaging Diaspora on Charities Act Dr. Phillips Confident of Passing 7th IMF TestJIS News | Presented by: PausePlay% buffered00:0000:00UnmuteMuteDisable captionsEnable captionsSettingsCaptionsDisabledQualityundefinedSpeedNormalCaptionsGo back to previous menuQualityGo back to previous menuSpeedGo back to previous menu0.5×0.75×Normal1.25×1.5×1.75×2×Exit fullscreenEnter fullscreenPlay RelatedBGLC Accepts Education Fund Applications for January 2015 Semester It is the commitment of the Government, he said, to “maintain faith with all those who have made sacrifice to get us this far, including the bondholders. Financial institutions, your clients made important sacrifices in this regard, as did the pensioners, the public sector workers and others.”Turning to the upcoming public sector wage negotiations, Dr. Phillips said “we do not expect public sector workers to forgo wage increases in the coming contract period,” but noted that resources available for settlement of these claims “are not unlimited.”“I have every hope and confidence that the same spirit that guided earlier negotiations when wage restraint was accepted will be available to us as a country now, as we seek to make up some of the lost ground, but recognising that it is not possible to do everything that would probably be justified and which may be expected,” he stated.Dr Phillips, who declared the 19,000-square foot Scotia Financial Centre open, said it is encouraging that the facility is being established at a time when banking penetration, and access to credit are far too low, given the private sector’s role in the country’s economic recovery.He also commended the Scotia Group for the substantial investments in tourism and the business process outsourcing (BPO) sectors in western Jamaica.President and Chief Executive Officer of Scotia Group Jamaica Limited, Jacqueline Sharp, said the opening of the state-of-the-art facility signalled a new era for Scotiabank in Montego Bay.She said the Scotia Group recognises the city as an integral part of and a significant contributor to Jamaica’s economic growth.The latest investment brings the Scotia Group’s assets in Jamaica to more than $407 billion. RelatedNew S04 Form Introduced to Make Tax Filing Easier for Self-Employed Individuals Dr. Phillips Confident of Passing 7th IMF Test Finance & Public ServiceJanuary 8, 2015Written by: Sharon Earle Advertisementslast_img read more

3 men arrested in Derry on suspicion of possession and supply of controlled drugs

first_img RELATED ARTICLESMORE FROM AUTHOR Google+ WhatsApp Community Enhancement Programme open for applications By News Highland – November 8, 2017 Important message for people attending LUH’s INR clinic Google+ Facebook Publicans in Republic watching closely as North reopens further Facebook 3 men arrested in Derry on suspicion of possession and supply of controlled drugs Police in Derry have arrested three men aged 35, 38 and 50 on suspicion of possession of controlled drugs and being concerned in the supply of controlled drugs in the early hours of this morning.The arrests followed the search of a vehicle in the city.The men have since been released on bail pending further enquiries.center_img Arranmore progress and potential flagged as population grows Pinterest Previous articleCalls for legislation to address gap between mainland and offshore islands fire service resourcesNext articleBarry McNamee leaves Derry for Champions Cork News Highland WhatsApp News Pinterest Twitter Loganair’s new Derry – Liverpool air service takes off from CODA Twitter Renewed calls for full-time Garda in Kilmacrennanlast_img read more

Boy shot in Texas church massacre will finally leaving hospital Thursday

first_imgCredit: The Ward Family (SUTHERLAND SPRINGS, Texas) — A little boy who was shot in the Sutherland Springs, Texas, church massacre is set to return home Thursday — riding through town on a fire truck — after more than two months in the hospital.On Nov. 5, a gunman stormed the rural First Baptist Church, leaving 26 dead, according to police, who have included an unborn child in the death count. The attack was deemed the worst mass shooting in Texas history.Among the injured was now-6-year-old Ryland Ward, who was shot several times.Volunteer firefighter Rusty Duncan was a first responder that day, and he told ABC News he was the one who found Ryland and pulled him to safety.Once he rushed inside the church, he went through the aisles and “started checking for people’s pulses,” Duncan said. “That’s where Ryland’s hand reached out from under his stepmom and grabbed my pant leg. I rolled her over and grabbed him and started running outside with him.”“As soon as we got him outside, his dad [Chris Ward] ran up to me and said, ‘They killed my baby.’ “And I told his dad, ‘No, he’s not dead, he’s still alive,’” Duncan said. “Unfortunately his wife and two girls were actually gone.”Chris Ward’s wife and Ryland’s stepmother, Joann Lookingbill Ward, was among the dead, as well as Joann Lookingbill Ward’s daughters, Brooke Bryanne Ward, 5, and Emily Garcia, 7.Ryland was rushed to the hospital and soon the young boy’s mother reached out to Duncan, the firefighter said.“I met with her and talked to her then I was actually able to go to the hospital and see him for the first time,” about a week after the shooting, Duncan said.“He was heavily sedated,” Duncan said, going through “surgery after surgery.”Duncan said he continued to visit the little boy at the hospital, including this week.“He’s doing great,” Duncan said. “He walked for me for the first time. Of course with my help, but he walked.”Ryland’s grandmother, Sandy Ward, told ABC News, Ryland is trying to walk but keeps dragging his left foot. He has 15 percent use of his left hip, she said.“He’s a character,” Duncan said. “This little boy has the best fighting spirit I’ve ever seen out of anybody in my entire life. He’s kept me going this whole time. Even when I was giving up … just thinking about him and being around him makes me smile.”The “fighting spirit” turned 6 while he was in the hospital.According to University Hospital, Ryland is the facility’s final patient from the Sutherland Springs shooting.According to his grandmother, Ryland has inspired everyone.“It’s just a miracle he survived and is doing as well as he is,” Sandy Ward said. “We’re just excited to get him to come home.”Copyright © 2018, ABC Radio. All rights reserved.Powered by WPeMatico Relatedlast_img read more

Gorka Villar, the “honourable” son of Angel Maria Villar

first_img A promoter of conferences on sports law and speaker at courses promoted by the RFEF, Gorka was named director general of Conmebol on 5 December 2014, thanks to the close relationship between his father and the then president of the Argentine Football Association (AFA), the late Julio Grondona. Gorka, a lawyer by trade specializing in labour law and sports law has also advised football federations in South America and was the director general of Conmebol. His capacity to influence has been taken advantage of by sporting directors in South America, especially the Paraguayan Nicolas Leoz and Uruguayan Ernesto Figueredo. Upd. on 19/07/2017 at 04:02 CEST The son of Grondona said, referring to Villar, that he “had spoken with the appropriate person” to lessen the punishment from Conmebol on Boca Juniors for the pepper spray attack on River Plate players during a Copa Libertadores clash. 18/07/2017 Sport EN Gorka (Bilbao, 1975) was the director of his father’s campaign in the last RFEF election and was responding to criticism made by candidate Jorge Perez about an electoral process that was overshadowed by corruption. RELATED STORIEScenter_img “I learnt to be honourable from my father,” Gorka Villar said in an interview with Cadena SER in May. IN SPORT.ES Gorka Villar, el hijo “honrado” He also interceded in a conflict between Uruguayan clubs Penarol and Nacional, both of whom wanted more money for TV rights to Libertadores games.  However in September 2015 the presidents of various football clubs accused Gorka of extortion. He was sacked in July 2016 without an explanation. His father is Angel Maria Villar, president of the RFEF, and both father and son were arrested on Tuesday as part of an anti-corruption operation ordered by Spain’s high court. Joan Gaspart’s opinion about Angel Maria Villar’s arrestlast_img read more