An additional 5,000 to 10,000 youth are being targeted for engagement through job placements in the private sector, as part of the scaling up of the Housing, Opportunity, Production and Employment (HOPE) Programme. The announcement was made by Prime Minister, the Most Hon. Andrew Holness, in his contribution to the 2020/2021 Budget Debate in the House of Representatives, on Thursday...

Prime Minister, the Most Hon. Andrew Holness, says the Government is committed to safeguarding Jamaica’s coastal areas, which, he noted, are integral to the national economy. He said that about 50 per cent of the country’s economic assets, including commercial and industrial facilities and tourism infrastructure, which contribute to 90 per cent of gross domestic product (GDP) are located on...

During the financial year 2020/21, the National Housing Trust (NHT) will expand the Guaranteed Purchase Programme (GPP), targeting efficient developers who are able to deliver housing solutions within the $5-million to $8-million range. Prime Minister, the Most Hon. Andrew Holness, made the announcement during his contribution to the 2020/21 Budget Debate in the House of Representatives, on March 19. Under...

The Development Bank of Jamaica (DBJ) will be providing an additional $10 billion to partner with approved financial institutions (AFIs) for onlending to specific productive sectors, particularly agriculture, in light of the Coronavirus Disease (COVID-19) outbreak. Prime Minister, the Most Hon. Andrew Holness, said the funds are being provided at a 0.75 per cent reduced interest rate. Mr. Holness advised...

As part of the Government’s stimulus package to minimise the effects of COVID-19 on the economy, the National Housing Trust (NHT) has reduced interest rates on all new loans by one per cent, and on all existing loans by 0.5 per cent, effective April 1, 2020. This will benefit some 8,000 new mortgagors annually, and some 100,000 existing mortgagors. Prime...

The second cohort of awardees under the Jamaica House Fellowship Programme will be selected and placed within the public sector by May. The initiative, launched by Prime Minister, the Most Hon. Andrew Holness in 2016, is geared at recruiting and exposing bright, young talent to public administration, in the hope that they will make public service their first career choice....

Prime Minister, the Most Hon. Andrew Holness, says a Special Inter-Ministerial Task Force has been established to address water and sanitation as the country combats the Coronavirus Disease (COVID-19). Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Hon. Daryl Vaz; and Minister of Local Government and Community Development, Hon. Desmond McKenzie, will lead the Task Force’s...