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Minister of Finance and the Public Service, the Hon. Audley Shaw, has warned Jamaicans deliberately avoiding tax obligations, that more stringent measures are going to taken to ensure the highest level of compliance. Speaking at the official launch of the … Continued
Minister without Portfolio in the Ministry of Finance and the Public Service, Senator Dwight Nelson, has said that the Government cannot afford the wage bill which it will be saddled with in 2009/2010. “The Government cannot pay a wage bill … Continued
The management of the National Insurance Scheme (NIS) wants insurance professionals to sensitise their clients about the products offered by the scheme. Director of the NIS, Denzil Thorpe, encouraged insurance agents, attending today’s (April 1) quarterly meeting and induction ceremony … Continued
The Government will be reviewing the lending policy of the Student’s Loan Bureau (SLB) to make it possible for beneficiaries to guarantee their own loans. Prime Minister, Bruce Golding, speaking in the House of Representatives yesterday (March 31), noted that … Continued
Does it seem like your money is doing a disappearing act? Are you buying the same things, paying for the same services, but at much higher costs? Well, don’t be too quick to blame it solely on the global financial … Continued
Minister of Finance and the Public Service, the Honourable Audley Shaw, today (Sunday, March 29) called on the Inter-American Development Bank (IDB) and other multilateral development partners, to put in place economic stimulus packages for small, heavily indebted, and highly … Continued
Minister of Finance and the Public Service, Audley Shaw, left the island earlier today (March 27), for Medellin, Colombia, where he will attend the 50th Annual Meeting of the Board of Governors of the Inter-American Development Bank (IDB). The event, … Continued
Director of the Computing and Engineering Entrepreneurial Centre (CEEC) at the University of Technology (UTech), Owen Gunning, has suggested that the Government impose a heavy tax on the importation of chlorofluorocarbons (CFCs) into the island. He said such a move … Continued
On March 18, 2009, Standard & Poor’s Ratings Services lowered Jamaica’s long-term foreign and local currency sovereign credit ratings on Jamaica to ‘B-‘ from ‘B’, one notch down in the rating scale. The short term debt was also lowered one … Continued
Head of the Caribbean Development Bank’s (CDB) Social Sector Division, Yvonne Moses Grant, says the prevailing economic crisis presents Caribbean countries with an opportunity for creative innovative solutions to deal with the challenges. “We must be creative and imaginative, finding … Continued
Minister of Finance and the Public Service, Audley Shaw, has said that the 2009/10 Budget, which would be presented in April, would provide stimulus to enhance productive capacity. “That is something that the government intends to focus on, (and) we … Continued
Head of Psychiatry at the University of the West Indies, Dr. Wendel Abel, has said that Jamaicans are noted for being able to survive hard economical times. “The economists say that Jamaica is a remarkable country, because every time it … Continued
Secretary Manager of the St. Catherine Parish Council, Christopher Powell, has urged residents to pay up their property taxes, to ensure delivery of services provided by the Council. Mr. Powell said that non-payment of these taxes has a restrictive effect … Continued
Community organisations in St. Thomas can now access funds from the St. Thomas Credit Union, Morant Bay, to start social and income generating projects. The organization is one of six credit unions that have received grant funding from the European … Continued
Minister of Finance and the Public Service, Audley Shaw, has said that Jamaica’s economic transformation must be underpinned by corresponding pursuits in education. Mr. Shaw contended that it is only through the “enablement of our people intellectually, through technology and … Continued
The government is given renewed impetus to the process of staunching the bleeding of billions of dollars from the public purse, achieving greater transparency, while ensuring the speedy processing of government contracts. This process is being undertaken through the promulgation … Continued
The deadline for companies, self-employed persons, and employees with alternative sources of earnings to submit their income tax returns for 2008, has been pushed to Monday, March 16. The Tax Administration Services Department (TASD) had originally set March 15 as … Continued
Minister without Portfolio in the Ministry of Finance and the Public Service, Senator Dwight Nelson, has said there is an urgent need to fast-track the transformation of existing structures in the public sector. “There are still too many structures in … Continued
The Financial Services Commission (FSC) plans to move decisively this year to address glitches in the laws governing the Mutual Trust Fund and Unit Trust, as it seeks to stave off the havoc unleashed by the global economic meltdown. Executive … Continued
Minister of Finance and the Public Service, Audley Shaw, has said that the Government is committed to maintaining free health care for all Jamaicans at public health facilities. Mr. Shaw was speaking at a Rotary Club of Christiana dinner at … Continued