Budget Watch
What is the Budget Debate?
The Annual Budget indicates what will be done with the finances of the country over the course of a year. The purpose of the Budget is to decide how much money the Government plans to expend on security, roads, water, housing and other services it provides.
Budget Debate Explained
The Budget Debate provides the Government with the opportunity to take stock of its performance over the previous fiscal year, to measure its progress in relation to the targets previously set and to assess the effectiveness of its management of the country's finances.
Budget Glossary
Here is a list of key terms and their meanings used during the Budget Debate: - Recurrent Expenditure - Capital Expenditure - Appropriation Act - Estimates of Expenditure
Budget Debate Schedule
Below is the planned Budget 2024/2025 Financial Year Budget Debate Schedule
Dr. the Hon. Nigel Clarke
Minister of Finance and the Service
Opposition Spokesperson on Finance
Julian Robinson
Mark Golding
Leader of the Opposition
The Most Hon. Andrew Holness
Prime Minister
Budget Debate and Sectoral Speeches
Take a look at the Speeches for the Budget 2024/2025 Budget Debate and Sectoral Speeches
2024 Closing Budget Presentation by the Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, DPhil, MP
March 27, 2024
2024 MOFPS Opening Budget Presentation by the Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, DPhil, MP
March 13, 2024
Latest News
Get the latest news and updates on Jamaica's Budget 2024/2025 Budget Debate
243,000 Jamaicans Approved for Reverse Income Tax Credit
Some 243,000 Jamaicans have been approved for the Government’s Reverse Income Tax Credit. This financial initiative is designed to assist...
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Senate’s Approval of Amendment to Appropriations Bill Will Not Affect Budget for 2024/25
The Senate passed the Appropriations (Amendment) Bill, today (April 12), which seeks to remove, from the Act, the amounts related...
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$9b Earmarked for Increased Provision of Housing Solutions under the Urban Renewal Programme
Prime Minister, the Most Hon. Andrew Holness, has announced that $9 billion is earmarked under the revitalised Urban Renewal Programme...
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Thousands of Jamaicans to Benefit from Reverse Income Tax Credit
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the Reverse Income Tax Credit provision is...
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Working Group Being Established to Review Additional Stamp Duty Regime
A Working Group is being established to review the Additional Stamp Duty (ASD) regime, including the application for raw foods,...
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Gov’t Prioritises Washington Boulevard Improvement
Increased focus will be placed on the Washington Boulevard Improvement Project in fiscal year 2024/25, as the Government works to...
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