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Jamaica

Yearbook 2015

Jamaica. In February, Parliament voted in favor of a bill that decriminalizes the possession of small quantities of marijuana for personal use. Holding will henceforth be considered a misdemeanor and not a crime. In addition, it was allowed to grow up to five cannabis plants, of which marijuana is made. Marijuana use for religious purposes, central to the rasta movement, was also legalized. Jamaica also plans to build a medical marijuana manufacturing industry and has taken steps to establish an authority to oversee legal cultivation and distribution of marijuana.

2015 Jamaica

In August, an agreement was signed that gave Jamaica a US $ 130 million loan from the Inter-American Development Bank (IDB). According to COUNTRYAAH, the loan will support the country's economic reform program, which includes a strengthened and financially sustainable pension system.

Following an evaluation of the ongoing restructuring program, the International Monetary Fund (IMF) announced that Jamaica had been granted special drawing rights equivalent to approximately US $ 930 million, which gives the country the right to obtain foreign currencies in its own currency to bridge liquidity shortages and strengthen its ability to pay.

During a visit to Jamaica, British Prime Minister David Cameron pledged development aid to the region of US $ 544 million. However, Cameron refused to meet claims for damages because of past slave trade.

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