Prime Minister, the Most Hon. Andrew Holness, says major infrastructure upgrades are on for Portmore in St. Catherine and Montego Bay, St. James. Making his contribution to the 2021/22 Budget Debate in the House of Representatives on Thusrsday (March 18), he said part of the works for Portmore will involve the development of a Climate Park, in collaboration with the...

Prime Minister, the Most Hon. Andrew Holness, says over the next 12 months the Urban Development Corporation (UDC) will be undertaking several climate-resilient projects across the island. The infrastructure projects include additional development of the Montego Bay Waterfront, following the completion of the $1.3-billion Harmony Beach Park in Montego Bay, St. James, and construction of groyne and sill infrastructure to...

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 the year ending March 2022, the sum is inclusive of US$16.91 million, up from US$10.25 million in 2020/21. The DBJ will also seek to provide financial and non-financial products to...

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 Revenue and Expenditure, tabled in the House of Representatives by Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke. Under the programme, focus will be placed on the...

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 country aspires. “In the digital economy, data has become the new source of wealth. Data Literacy – the ability to collect, organise, manage, evaluate and apply data to various businesses...

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 allotment while opening the 2021/22 Budget Debate in the House of Representatives on March 9. “This is made up of $1.1 billion for the issue of Catastrophe Bonds (funded by...

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 House of Representatives on Tuesday (March 11), Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said the submissions are for the first 30 scholarships being awarded...