A $35 billion contingency provision has been earmarked in the 2026/27 Estimates of Expenditure to support new public investment projects approved for implementation during the fiscal year. The 2026/27 Estimates of Expenditure were tabled in the House of Representatives on February 12 by Minister of Finance and the Public Service, Hon. Fayval Williams. This contingency provision includes $30 billion to...

The Government will continue advancing the Essex Valley Irrigation Infrastructure Development Programme in fiscal year 2026/27 with an additional provision of $904 million. Details of the allocation are outlined in the 2026/27 Estimates of Expenditure, which was tabled in the House of Representatives on February 12 by Minister of Finance and the Public Service, Hon. Fayval Williams. The project is...

A sum of $1.08 billion has been allocated in the 2026/27 Estimates of Expenditure for upgrading Tax Administration Jamaica’s (TAJ’s) Revenue Administration Information System (RAIS). Upgrading the RAIS will improve the user experience and provide access to modern technological features and enhanced security systems. It is also intended to improve voluntary tax compliance and satisfy the requirements of the Foreign...

The Government has allocated $950 million to continue phase two of the rehabilitation of agricultural research facilities in fiscal year 2026/27. The provision is contained in the 2026/27 Estimates of Expenditure, which was tabled in the House of Representatives on February 12 by Minister of Finance and the Public Service, Hon. Fayval Williams. The Rehabilitation of Research Centres Project was...

The Bank of Jamaica (BOJ) has emphasised that while its central mandate remains inflation control through prudent monetary policy, this objective is reinforced by the strength and stability of the country’s financial system. Senior Deputy Governor, Dr. Wayne Robinson, made the statement while addressing the Jamaica Stock Exchange (JSE) Regional Investments and Capital Markets Conference, held recently in Kingston. “Vulnerabilities...

Jamaica Social Investment Fund (JSIF) Chairman, Dr. Wayne Henry, has underscored the need for procurement to be recognised as a pivotal instrument of resilience, innovation and sustainable growth, particularly as the country advances its recovery from the devastation wrought by Hurricane Melissa. Addressing the Contractors and Consultants Procurement Conference at the Jamaica Pegasus Hotel in New Kingston on Tuesday (February...

The Vision 2030 Jamaica Secretariat has launched the process to develop the final of seven planned Medium‑Term Socio‑Economic Policy Frameworks (MTFs). MTF 2027–2030 was launched during the Vision 2030 Jamaica ‘Love Jamaica Fest’, held at The Jamaica Pegasus hotel in New Kingston on Friday, February 13. Programme Director for the Secretariat, housed at the Planning Institute of Jamaica (PIOJ), Peisha...