The National Water Commission (NWC) will, this year, be investing $1.4 billion to lay sewer lines along Monroe Road, Retreat Avenue, Seymour Avenue and Old Hope Road in the Corporate
The Government is to spend $28 billion on a three-year project to improve the water infrastructure in western Jamaica. Prime Minister, Dr. the Most Hon. Andrew Holness, made the announcement
Prime Minister, Dr. the Most Hon. Andrew Holness, has reaffirmed the Government’s commitment to fostering shared prosperity, with an emphasis on economic transformation and empowerment. Dr. Holness, who was making
The HOPE for Children Trust Fund, which will provide long-term savings accounts for eligible Jamaican children, will be seeded with $200 million by the Government in the upcoming fiscal year.
The Government is further enhancing border security with the acquisition of 24 surface interceptor vessels this year. These are high-speed, specialised boats designed for rapid maritime interception and patrol, often
Six major projects, funded by the Caribbean Development Bank (CDB), will be undertaken by the Rural Water Supply Limited (RWSL), which will significantly improve access and transform the lives of
Effective July 1, 2025, the National Housing Trust (NHT) will raise the loan limit for individual borrowers to $9 million, up from $7.5 million. For two co-applicants, the combined maximum
The Government’s implementation of national natural-disaster risk financing with the many layers of “shock absorbers” ensured the country’s swift recovery from recent severe weather events, says Minister of Finance and
The Independent Fiscal Commission (IFC) has determined that the 2025/26 Budget currently being debated in the House of Representatives is credible, based on macroeconomic and fiscal projections. According to Commissioner,
The Government has announced an increase in the General Consumption Tax (GCT) exemption threshold from $10 million to $15 million for micro, small and medium-sized enterprises (MSMEs). Minister of Finance
Minister of Finance and the Public Service, Hon. Fayval Williams, on Tuesday (March 11), outlined how the $1.26-trillion Budget for the 2025/26 fiscal year will be funded. Opening the 2025/26
The Government has allocated $1 billion in the 2025/26 Budget to assist the first 20,000 new customers joining the Jamaica Public Service Company (JPS) prepaid electricity programme. This provision will
Commencing April 1, successful graduates of level 4 trade programmes at the HEART/NSTA Trust, will receive a grant of $50,000 to help them acquire the tools of their trade. Graduates
The HEART/NSTA Trust will this year launch the Community Action for Rewarding Engagement (CARE) Initiative, aimed at reaching young people who are unemployed or not enrolled in a training programme.
The Government is investing US$2 million in the development of the Fantasy Beach Park in Priory, St. Ann. The project will be undertaken over the next 18 months, through support
The Tourism Enhancement Fund (TEF), under a partnership with the New Social Housing Programme (NSHP), will provide $500 million to fund housing for tourism workers who live in substandard conditions.
Assessments and hazard maps have been completed for eight priority coastal areas. Prime Minister, the Most. Hon. Andrew Holness, made the disclosure during his contribution to the 2024/25 Budget Debate
Prime Minister, the Most Hon. Andrew Holness, has instructed the National Environment and Planning Agency (NEPA) to develop a policy banning the discharge of any waste or effluent into the
A sum of $2.5 billion has been earmarked for the cleaning of major gullies, drains and roadways across Jamaica. Prime Minister, the Most Hon. Andrew Holness, made the announcement in
Prime Minister, the Most. Hon. Andrew Holness, says the National Identification System (NIDS) Project has been very integral to building out the underlying public key infrastructure to support secure online
Prime Minister, the Most Hon. Andrew Holness, says that at the completion of the section of the Southern Coastal Highway Improvement Project (SCHIP) that leads to Morant Bay, the roadway
The Government intends to commence the Port Antonio Bypass Project in the new fiscal year, says Prime Minister, the Most Hon. Andrew Holness. Speaking today (March 21) during the 2024/25
The toll-free period for use of the May Pen to Williamsfield leg of the Southern Coastal Highway Improvement Project (SCHIP) is being extended to July 1, 2024. The announcement was
The Government’s multifaceted approach to tackling crime, including social transformational initiatives, strategic investments in technology and infrastructure and legislative changes, is yielding dividends, with a sharp reduction in major crimes
In the upcoming fiscal year, the Government will introduce two new incentive programmes to encourage greater take-up of the Central Bank Digital Currency, JAM-DEX. They are the Small/Micro Merchant Incentive
The Government will be providing full tuition scholarships with the aim of preparing 1,250 new science, technology, engineering and mathematics (STEM) teachers over the next five years. The Students’ Loan
The Government is providing a $200 million down payment to endow a Fiscal Research Institute within the Department of Economics at the University of the West Indies (UWI). Minister of
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, is again urging public sector groups not yet signing the new compensation scheme, to come forward to settle
The Government is providing tax relief totalling approximately $153.33 million during fiscal year 2023/24. This will result from the provision of Income Tax Credit, totalling $100 million, on the installation
Two recipients from the first cohort of Marcus Garvey Public Sector Graduate Scholarship Programme awardees, have graduated from their respective universities and are now the holders of master’s degrees. Minister
Jamaica’s economy is estimated to have expanded by 3.4 per cent in the fourth quarter of 2022, signaling the country’s recovery from the COVID-19 pandemic. Minister of Finance and the
A review of the income tax threshold is not possible at this time, says Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke. Opening the 2023/24 Budget
The Government is investing in the construction and renovation of tax offices across Jamaica. The objective is to improve the ease of doing business and create more comfortable spaces for
Upgrading of Jamaica’s banknotes will be implemented by mid-June, says Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke. Making the disclosure while opening the 2023/24 Budget
The Jamaica Urban Transit Company’s (JUTC) fleet of buses will be upgraded, with the addition of 200 electric vehicles over the next three years. Minister of Finance and the Public
No new taxes will be introduced to finance the Government’s $1 trillion budget for the upcoming fiscal year. This was announced by Minister of Finance and the Public Service, Dr.
The first 100,000 Jamaicans establishing Central Bank Digital Currency (CBDC) wallets (accounts) after April 1, will receive a $2,500 deposit from the Government. This was announced by Minister of Finance
The Government intends to grant two Integrated Resort Development licences in the upcoming fiscal year, which will represent a combined investment of approximately US$1 billion. An integrated resort development must
Jamaica is introducing a new $2,000 banknote on which late former Prime Ministers, the Most Hon. Edward Seaga, and the Most Hon. Michael Manley, will appear together. It is among
Work is being done to update the tax architecture, with “clear and coherent laws” capable of easy administration, says Minister of Finance and the Public Service, Dr. the Hon. Nigel
The Government delivered direct and indirect support across two fiscal years (2020/21 and 2021/22), as a response to the COVID-19 pandemic, costing $40.6 billion and representing two per cent of
Jamaica’s 15th Population and Housing Census is scheduled to get under way on September 12, 2022. This was disclosed by Minister of Finance and the Public Service, Dr. the Hon.
The Government is making a special provision, in the amount of $2 billion, to provide targeted support to Jamaicans who are most adversely affected and have the least ability to
It will cost the Government more than $100 billion to restructure the system of public-sector compensation over the next three years. This was announced by Minister of Finance and the
Beginning this month, the Ministry of Labour and Social Security is to expand its reach to include needy families who are not in receipt of benefits under the Programme of
The 2022/23 Budget Debate begins on Tuesday, March 8 in the House of Representatives, with Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, making his presentation.
A sum of $300 million has been budgeted to continue implementation of the Improvement of the Emergency Communication System in Jamaica Project in fiscal year 2022/23. Details are outlined in
The Development Bank of Jamaica (DBJ) will be launching its ‘Go Digital’ technical assistance programme on April 1, geared at promoting the adoption of cutting-edge technology practices among micro, small
Body-worn camera systems are now being rolled out for members of the Jamaica Constabulary Force (JCF). A body-worn camera is a wearable audio, video, or photographic recording system used to
Prime Minister, the Most Hon. Andrew Holness, says he intends to get vaccinated against the coronavirus (COVID-19) “in keeping with the prioritisation order”. He was making his contribution to the
The Development Bank of Jamaica (DBJ) is to disburse $8.49 billion in loans, during the 2021/22 fiscal year. As stated in the Public Bodies Estimates of Revenue and Expenditure for
For the fiscal year 2021/22, the Factories Corporation of Jamaica (FCJ), plans to implement capital programmes valued at $1.32 billion. This is contained in the 2021/22 Public Bodies Estimates of
Opposition Spokesman on Finance, Julian Robinson, is suggesting the implementation of a national Digital Literacy Programme, so that even more citizens can participate in the digital economy to which the
The Government has provided more than $2.3 billion to support natural disaster risk management. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, provided details of the
A total of 185 applications have been submitted to the Secretariat overseeing the Government’s $1-billion Marcus Garvey Graduate Scholarship for Public Sector Employees. Opening the 2021/22 Budget Debate in the
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the Administration will be engaging trade unions representing government workers during 2021/22, to fine-tune the public-sector compensation
The Government has allocated $10.5 billion to the Ministry of Health and Wellness for special expenses related to the coronavirus (COVID-19). This includes $6 billion for the procurement, storage, distribution
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says Jamaica opened the 2020/21 fiscal year with cash reserves of approximately $90 billion, or more than four per
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says sound public policy must be adhered to, as it saved Jamaica from disaster at the onset of
