Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the Government will be implementing measures to ensure greater spend of Capital Expenditure (CapEx) in the upcoming fiscal year. Dr. Clarke, who was addressing the sitting of the Standing Finance Committee of the House of Representatives on Tuesday (March 5), said that the projects that fell behind...

The Government plans to institute legislation for the establishment of a business improvement district. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, made the disclosure during Tuesday’s (March 5) meeting of the Standing Finance Committee of the House of Representatives, whose members are reviewing the 2024/25 Estimates of Expenditure. “We’re working on a project with the...

A rehabilitation plan is being crafted for Vale Royal by the Jamaica National Heritage Trust (JNHT). This was disclosed by Minister without Portfolio with responsibility for Information in the Office of the Prime Minister, Hon. Robert Morgan, while responding to questions from members of the Standing Finance Committee of the House, which is reviewing the 2024/25 Estimates of Expenditure, on...

The Government will be renewing Jamaica’s catastrophe bond coverage to provide financial protection against losses incurred from named storms for four Atlantic tropical cyclone seasons, ending in December 2027. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, made the disclosure during Tuesday’s (March 5) sitting of the Standing Finance Committee of the House of Representatives, whose...

Motorists travelling along the Steven Run to Gazeland parochial road in Southeastern St. Elizabeth are to expect some delays during their commute, as rehabilitation work is carried out on sections of the corridor. The undertaking commenced on March 4, 2024. Manager Communication and Customer Services at the National Works Agency Stephen Shaw says the scope of work along the corridor...

Tourism Minister, Hon. Edmund Bartlett, says Jamaica is expected to welcome 4.2 million visitors and earn US$4.1 billion by the end of the 2023/24 fiscal year. He made the disclosure during Tuesday’s (March 5) meeting of the Standing Finance Committee of the House of Representatives, whose members are reviewing the 2024/25 Estimates of Expenditure. “For 2024/25, it is intended to...

A total of $370 million has been spent, to date, on the establishment of the Falmouth Artisan Village in Trelawny. Minister of Tourism, Hon. Edmund Bartlett, made the disclosure during the sitting of the Standing Finance Committee at Gordon House, on March 5. “The completion is expected to add another $199 million, and just to indicate that we'll have 36...