One hundred Micro, Small and Medium-sized Enterprises (MSMEs) are to benefit from capacity building, technical assistance, or grants during the new fiscal year. This intervention and other activities will be supported with an allocation of $849.9 million under the Boosting Innovation, Growth and Entrepreneurship Ecosystems (BIGEE) project. The funds, which have been provided for in the 2022/23 Estimates of Expenditure,...

Jamaica’s economy grew by an estimated six per cent for the October to December 2021 quarter, relative to the corresponding period the previous year. This was driven by increases of 7.8 and 0.4 per cent, respectively, in the Services and Goods Producing Industries, the Planning Institute of Jamaica (PIOJ) reports. The out-turn also represents the third consecutive period of growth...

The Ministry of Economic Growth and Job Creation, which houses the Environment and Climate Change Portfolios, will, next week, host a “Town Hall” consultation on two critical policies. They are the update of the Climate Change Policy Framework for Jamaica and the Emissions Policy Framework for Jamaica. The upcoming “Town Hall” consultation, is one in a series of engagements being...

For fiscal year 2022/23, the Factories Corporation of Jamaica (FCJ) plans to implement capital programmes valued at $1.174 billion. This is outlined in the 2022/23 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, on February 10. Under the programme, work is set to...

The increase in the price of oil on the world market to US$90 per barrel has significantly impacted the cost of goods on the local market. This was revealed by Minister without Portfolio in the Office of the Prime Minister (OPM) with responsibility for Information, Hon. Robert Morgan, while responding to questions at Wednesday’s (February 9) virtual post-Cabinet press briefing....

The Government is spending millions of dollars on the rehabilitation and repair of several roads in the parish of Hanover. Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Hon. Everald Warmington, said that work is being undertaken on the Hopewell to Cacoon Castle roadway at a cost of $224 million. He noted that $60 million of...

Ground was broken on Wednesday (February 2) for construction of a newly designed eastern entrance for the Hope Royal Botanical Gardens in St. Andrew. The project, being financed by the Culture, Health, Arts, Sports and Education (CHASE) Fund, is in keeping with the reimaging of the gardens to make the green space more attractive for visitors. Chief Executive Officer of...