The Ministry of Finance and the Public Service continues its ‘Boots to the Street’ community sensitisation sessions on Friday (July 20) at the Paul Bogle High School Resource Centre in St Thomas, beginning at 9:00 a.m. The islandwide initiative was developed by the Ministry’s Communication and Public Relations branch in an effort to raise greater awareness about the work of...

Cabinet has approved members of the Public Investment Management Committee (PIMC), chaired by Minister of Finance and the Public Service, Dr. the Hon Nigel Clarke. Minister without Portfolio in the Ministry, Hon. Fayval Williams, will serve as Vice Chair. This was disclosed by Minister of Education, Youth and Information, Senator the Hon. Ruel Reid, at the recent post-Cabinet press briefing...

Prime Minister Andrew Holness today (July 5) held bilateral discussions with His Excellency Miguel Diaz-Canel Bermudez, President of the Republic of Cuba. The Cuban President is in Jamaica for the first time since assuming office in April this year. His Excellency is one of two special guests attending the CARICOM Heads of Government meeting underway in Montego Bay St. James....

Attorney General, Marlene Malahoo Forte, says $462,092,000 has been approved for the payment of judgement debts for the current financial year. “If the amount provided is insufficient, we will again seek additional funds with a view to satisfying the obligations that arise in the course of this financial year,” she said. She was making her contribution to the 2018/19 Budget...

The Ministry of Finance and the Public Service will take its community sensitisation initiative dubbed ‘Boots to the Street’ to the Harbour View community in St. Andrew on Thursday (July 5). Boots to the Street was developed by the Ministry’s Communication and Public Relations Unit to engage citizens across the island in an effort to raise awareness about the work...

Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams, says the Government will be taking steps to enact proposed new guidelines for the appointment of Boards of public bodies. The guidelines are in keeping with the Administration’s undertaking to further strengthen the corporate governance framework of statutory bodies, in order to improve accountability and...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says with the lowering of the Bank of Jamaica’s (BOJ) policy interest rate, more businesses can now access well-needed capital at affordable rates. Speaking at the opening ceremony for the Caribbean Leadership Project (CLP), at The Jamaica Pegasus hotel in New Kingston on June 28, Dr. Clarke informed...

The Bank of Jamaica (BOJ) is facilitating access to financial services for underserved consumers through the promotion and use of digital payments. Deputy Governor, Livingston Morrison, said that the move is in keeping with the Government’s thrust towards making Jamaica a digital economy, and is also part of the National Financial Inclusion Strategy. He was speaking at the opening of...

Minister of Labour and Social Security, Hon. Shahine Robinson, has announced a 12.9 per cent increase in the national minimum wage from $6,200 to $7,000 per week. In addition, security guards will receive $9,700 up from $8,854 per week, reflecting a 9.6 per cent increase. The new rates take effect August 1, 2018. Mrs. Robinson, who made the announcements in...