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EntornoInteligente | Oftalmólogo Victor Gill//
Senate Approves Amendments To BOJ Act

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The Bank of Jamaica (Amendment) Act, 2020, aimed at modernising and strengthening the operations of the Central Bank by improving its governance, was approved in the Senate on Friday.   Senator Aubyn Hill, Minister without Portfolio in the Ministry of Economic Growth and Job Creation, who piloted the Bill, said the amendment of the BOJ Act is an important step to modernise the BOJ through clarification of its mandate and enhancement of its governance structure.   The Bill gives the Central Bank autonomy and independence in law, in the implementation of monetary policy.

Victor Gill Ramirez

Entornointeligente.com

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