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Minister of Finance and the Public Service, Hon. Fayval Williams, delivers the opening 2025/26 Budget Debate presentation in the House of Representatives on Tuesday (March 11).

Jamaica Stock Exchange to Establish Micro Market

The Government has accepted a proposal from the Jamaica Stock Exchange (JSE) to establish a Micro Market. The JSE Micro Market will meet the needs of micro, small and medium-size enterprises (MSMEs) in the $10 million to $50 million participating...

Minister of Finance and the Public Service, Hon. Fayval Williams, opens the 2025/26 Budget Debate in the House of Representatives on Tuesday (March 11).

Microinsurance Legislation Heading to Parliament in Fiscal Year 2025/26

Public Bodies Gross Assets Projected to Grow by More Than $100m in 2025/26

Minister of Finance and the Public Service, Hon. Fayval Williams, gives her maiden Budget presentation in the House of Representatives, on Tuesday (March 11).

Government to Reduce Bond on Duties Paid by New Car Dealers

Personal Income Tax Threshold Moves to $2 Million

Chief Corporate Communications Officer at Tax Administration Jamaica (TAJ), Meris Haughton.

12 months ago BudgetBudget 2024/2025

TAJ Strengthens Communication About Special Arrears Settlement Programme

Tax Administration Jamaica (TAJ) is intensifying its communication efforts to ensure taxpayers are well-informed about the Special Arrears Settlement Programme. The initiative, which commenced approximately three weeks ago, is a one-time opportunity for taxpayers to benefit from a waiver of interests, penalties, and surcharges, providing that they clear outstanding principal balances owed on selected taxes by March 31, 2025. The...

Economic Programme Oversight Committee (EPOC) Chairman, Keith Duncan.

1 year ago Budget

EPOC Chairman Highlights Benefits Of Gov’t’s Securitisation Deal

Economic Programme Oversight Committee (EPOC) Chairman, Keith Duncan, has underscored the significant advantages of the recent securitisation deal conducted by the Government. Earlier this year, the Government secured US$480 million through the securitisation of assets belonging to the Norman Manley International Airport (NMIA). The Ministry of Finance and the Public Service said the transaction’s net proceeds will be used for...

Prime Minister, Dr. the Most Hon. Andrew Holness (left), expresses condolences to a relative of one of five persons killed during a shooting in the Waltham Park Road area of St. Andrew on Monday night (Nov. 25). The Prime Minister visited the community on Tuesday (Nov. 26). Looking on are members of the Jamaica Constabulary Force (JCF).

1 year ago Budget 2015/2016National SecurityOfficial VisitsPrime MinisterUS President Visit

PM Condemns Waltham Park Road Killings, Pledges to Go After Gangs

Prime Minister, Dr. the Most Hon. Andrew Holness, says the Government will not relent in its efforts to disrupt criminal gangs, protect communities and create a safer Jamaica. He gave the assurance during a visit to the Waltham Park Road area of St. Andrew on Tuesday (Nov. 26), where five persons were shot and killed on Monday night (Nov. 25)....

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addressing Tuesday’s (October 15) sitting of the House of Representatives.

1 year ago Budget 2024/2025Parliament

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 persons earning below $3 million annually, who meet the specific criteria, to receive a one-off $20,000 payment. Addressing the House of Representatives on a motion for the approval of the first supplementary estimates for fiscal year 2024/25 on Tuesday (October...

Minister of Foreign Affairs and Foreign Trade, Senator the Honourable Kamina Johnson-Smith.

2 years ago Budget 2024/2025Foreign AffairsSenate

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 to statutory expenditures that were inadvertently included in the schedule. The legislation was piloted by Minister of Foreign Affairs and Foreign Trade and Leader of Government Business in the Senate, Hon. Kamina Johnson Smith. Senator Johnson Smith reiterated that the...

Prime Minister, the Most Hon. Andrew Holness, emphasises a point while making his contribution to the 2024/25 Budget Debate in the House of Representatives recently.

2 years ago Budget 2024/2025HousingPrime Minister

$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 to increase the output of low-income housing solutions. “The National Housing Trust (NHT) is now in a position to increase the output of low-income solutions under the Urban Renewal Programme and will commit an initial $9 billion in 2024/25, with...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, closes the 2024/25 Budget Debate in the House of Representatives on Tuesday (March 26).

2 years ago Budget 2024/2025Finance & Public ServiceParliament

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 intended for the mass of working citizens who contribute to the Jamaican economy through monthly or regular statutory deductions. Closing the 2024/25 Budget Debate in the House of Representatives on Tuesday (March 26), Dr. Clarke said the primary beneficiaries will...