Fifty billion U.S. dollars in money transfers will be sent home by Caribbean and Latin American immigrants from the U.S by the end of this year.
That more than tops the 5 billion dollars sent home last year.
The International Development Bank president, Luis Alberto Moreno said the remittances constitutes the most important source of international financing of Latin America and the Caribbean. It surpasses the total Direct Foreign Investments of 44 million U.S dollars this year.
Last year Jamaica received over 1.4 billion dollars in wire transfers, Guyana over 143 million and Trinidad and Tobago, over 93 million.
Goodarmy Hi, House Of Nash; Kill Martin for smoking
By Samuel Mitschell @ New Providence
Sunday, March 15, 2015
yo di police need fi help out also u know dem a run tings and a make money so theres money there them police bwoy dem a act bad mind fareal its all about who u know down in a jamaica so its not gon b any better til the police bwoy dem do right cant make tings better when authority a do di same ting. Yo big up all di people in JA a try make it through di struggle!BLESS UP
By JAJA @ HOUSTON,TX
Wednesday, November 23, 2005
please study about the caribean not just Ja
most of the caribean country rely on business own by outsiders or goods from the outside so the money sent to jamaica or other country goes right back out the door to a next country so we remain poor drugs pump more in the economy than they willing to report it goes into assest owned by dealers/druglords etc house/car/land clothes etc none of which we the small countrys produce and what is reported is only transfer ask your self what about people travelling back home with 9,900 not declared on passport because ten thousand would be a crime etc, we spend more than we produce etc
By chris @ canada,toronto>via jamdown/tnt
Tuesday, November 8, 2005
thats not much
Ladies and Gents 1.5 billion is not much in terms of an economy throughout an entire year. It would take more 30 to 60 billion US to make jamaica nice each year.
By Yardie @ FL
Friday, November 4, 2005
Jamaican sending money back home is a very good idea, but if you look back an how much money Jamaican received in Jamaica is appro 1.5 billion for the year. I strongly think Jamaica should be a rich country. However it is not, whats really going on with the financial operation of Jamaica. Any country will survive if there have investment and cash flow thru out the economic. So why is it so much billion of dollar pouring thru the country but still there are no jobs, lack of "Proper" education, bad road, violence, murder ets is it becuase no one care or just than the officials just not getting right. Look i want to back to my Jamaica to live so lets make Ja a better place.
By Jermaine @ states, d.c
Wednesday, November 2, 2005
Jamaican and Money
If only Jamaicans understand the value of money when kept and not spend.
Why don't we all try to hold our money for just a little longer starting with the government. Government, please stop the price hicking for a while. Try to encourage your people to spend less, so that we can (over-time) save money for a better life.
Young Jamaicans, if only we can stop the shopping, splurging, and the wasting of our cash and just save....hold onto our mony a little longer. Give it time to grow some interest..then maybe all the billions of dollars will have a chance to circulate in the Jamican economy a bit longer to boost the economy over time.
Think about it........smile :)
By Pepper Kid @ USA, Georgia
Sunday, October 30, 2005
who say Jamaica poor,di politision's a fuck wi up,a we over sea's a help keep di country up.
By me @
Friday, October 28, 2005
u think wi cheap
By shanice @
Thursday, October 27, 2005
Boy, yall Jamaicans are expensive.....
By Kesa @
Thursday, October 27, 2005
Total: 9 Pages: 1
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