brian wynter : implications of the medium - term macroeconomic programme for expanding jamaica ’ s exports remarks by mr brian wynter, governor of the bank of jamaica, at jamaica ’ s exporters ’ association awards banquet, kingston, 11 june 2013. * * * good evening, ladies and gentlemen. thank you for inviting me to share this special event with you as you recognise and celebrate the achievements of your members. with jamaica ’ s entry into a four - year extended fund facility ( “ eff ” ) with the imf, we are meeting at the start of a new chapter in jamaica ’ s economic life. the jea ’ s celebratory theme, “ exporting is everybody ’ s business ”, supports the objective of the government ’ s medium - term macroeconomic programme which is the achievement of sustainable improvement in economic growth and per capita incomes in jamaica. against this background, i would like to outline the economic reforms in the eff programme which are aimed at enhancing the business environment and competitiveness. i will also say something about what i believe this new programme will mean for businesses. last month, the imf approved a four - year extended fund facility for jamaica of approximately us $ 932 million. in addition, the world bank and the inter - american development bank publicly announced that they will provide loans amounting to us $ 510 million each to support jamaica ’ s economic programme. the new borrowing arrangement was preceded by the development of a plan to redress the unsustainable economic imbalances that have constrained economic growth over the past three decades. the construction of this programme was very detailed and intensive, involving several rounds of comprehensive assessment and reassessment with the imf over a 12 - month period to ensure that the commitments and targets are do - able and would yield the desired outcome. the programme seeks to implement far - reaching reforms and, as a consequence, it extends over a period of four years. more importantly, a key feature of the programme is that the major reforms are front - loaded, that is, they have to be implemented mostly in the first year of the programme. another element aimed at reducing implementation risk is the establishment of the economic programme oversight committee ( “ epoc ” ). the work of this body introduces greater transparency to the process and enhances public information and confidence. epoc, as you know, is comprised mainly of representatives from the private sector, financial institutions, trade unions, farmers and small businesses who will

caleb m fundanga : the new k10, 000 banknote in zambia opening remarks by dr caleb m fundanga, governor of the bank of zambia, at the official launch of the new k10, 000 banknote, bank of zambia, lusaka, 16 june 2008. * * * • members of the press • official from commercial banks present • ladies and gentlemen i wish to welcome you all to the bank of zambia. the objective of this press briefing is to announce the introduction of the new k10, 000 banknote in our economy. the new k10, 000 banknote will be put into circulation as early as this week. by showing you the new k10, 000 banknote first, we expect that you will, in turn, help us to inform the public about this new banknote. in order for us to help you understand the new k10, 000 banknote, we have produced posters and will make a short power point presentation. the posters are showing the main public recognition and security features of the new k10, 000 banknote. let me from the outset inform you that although we are calling it a new k10, 000 banknote, most of the features on the banknote are still the same as those on the current k10, 000 banknotes. the differences can best be detected by comparing this new k10, 000 banknote with the current k10, 000 banknotes in circulation. ladies and gentlemen the new features on the k10, 000 banknote are as follows : on the front of the banknote – there is a new bright silver demetallised holographic lead representing a fish eagle. this has replaced the old hologram of the head of a fish eagle. on the back of the banknote – the area around the value numeral, k10, 000 in the right top corner, is printed with a special ink which shifts colour from copper to green when angle of view is changed. these are the two changes that have been made to the k10, 000 banknote. all other features are basically the same. the reason for the introduction of these two features is mainly to enhance the security of the banknote. the bank of zambia would further like to inform the public that the new k10, 000 banknote and the current circulating k10, 000 banknotes shall circulate side by side. the new and current banknotes will therefore all be legal tender. the current k10, 000 banknotes will