The Government is working on establishing unemployment insurance in the new financial year. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said that in the first quarter of 2024/25, the Government expects to sign a US$20 million loan agreement with the World Bank to provide the Ministry of Labour and Social Security with the technical support...

The Government is revising the thresholds for the procurement of goods, services and works in public-sector entities. The move will be facilitated through amendments to the Public Procurement Act 2015 and its Regulations, which are in advanced stages of development and should be tabled early in the new fiscal year, said Finance and the Public Service Minister, Dr. the Hon....

In a bid to change the culture around procurement in the public service, a ‘Government of Jamaica (GOJ) Procurement Awards’ is to be introduced that will celebrate excellence in procurement. “Procurement was, for many, a bad word, but the country cannot move ahead like that. We’re going to honour and reward procurement leadership, procurement efficiency, and procurement innovation across the...

The audit and final evaluation of the Public Sector Transformation Programme will be conducted between April and June of this year. The disclosure was made by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, while opening the 2024/25 Budget Debate in the House of Representatives today (March 12). Dr. Clarke noted that it is the first...

Work is being done to address anomalies related to the implementation of the new public-sector compensation structure, says Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke. Opening the 2024/25 Budget Debate in the House of Representatives, today (March 12), Dr. Clarke said some cases have to do with inherent issues in the classification structure of the...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says Jamaica now has a fully functional electronic procurement system. He noted that the Government of Jamaica Electronic Procurement System (GOJEP) “through its several modules, manages tender calls and bid submissions and aids in bid evaluation”. “It is basically indispensable throughout all the stages of the procurement process,”...

A budgetary allocation of $10.2 billion has been made for the Montego Bay Perimeter Road Project for the upcoming fiscal year. The sum is contained in the 2024/25 Estimates of Expenditure, now before the House of Representatives. The funds allocated will go towards acquiring the remaining parcels of land needed for the Montego Bay and Long Hill bypass road construction;...