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Chairman, Independent Fiscal Commission (IFC) Advisory Committee, Keith Duncan (left), and IFC Commissioner, Courtney Williams (second left), converse with other members of the entity’s administration. They include Advisory Committee Member, Nancy Pinchas, and Deputy Commissioners, Fabian Lewis (second right) and Hugh Morris. The interaction occurred during the IFC’s inaugural press conference at The Jamaica Pegasus hotel in New Kingston on Monday (March 17).
Chairman, Independent Fiscal Commission (IFC) Advisory Committee, Keith Duncan (left), and IFC Commissioner, Courtney Williams (second left), converse with other members of the entity’s administration. They include Advisory Committee Member, Nancy Pinchas, and Deputy Commissioners, Fabian Lewis (second right) and Hugh Morris. The interaction occurred during the IFC’s inaugural press conference at The Jamaica Pegasus hotel in New Kingston on Monday (March 17).

2025/26 Budget Deemed Credible by the Independent Fiscal Commission

The Independent Fiscal Commission (IFC) has determined that the 2025/26 Budget currently being debated in the House of Representatives is credible, based on macroeconomic and fiscal projections. According to Commissioner, Courtney Williams, Jamaica’s current fiscal policy and position are sustainable....
Registration is now open for the 2025 Public Sector Debate Competition. Interested ministries, departments and agencies are to complete the registration form before the March 28 deadline.
Registration is now open for the 2025 Public Sector Debate Competition. Interested ministries, departments and agencies are to complete the registration form before the March 28 deadline.

Registration Opens for 2025 Public Sector Debate Competition
Minister of Finance and the Public Service, Hon. Fayval Williams, opens the 2025/26 Budget Debate in the House of Representatives on Tuesday (March 11).
Minister of Finance and the Public Service, Hon. Fayval Williams, opens the 2025/26 Budget Debate in the House of Representatives on Tuesday (March 11).

Single Tax Rate on Dividends to Attract Investors
Prime Minister, Dr. the Most Hon. Andrew Holness, addresses the official launch of Infiniti Cooperative Credit Union Limited at AC Hotel by Marriott Kingston recently.
Prime Minister, Dr. the Most Hon. Andrew Holness, addresses the official launch of Infiniti Cooperative Credit Union Limited at AC Hotel by Marriott Kingston recently.

Prime Minister Encourages Savings Culture Amid Record-Low Unemployment in Jamaica
Minister of Finance and the Public Service, Hon. Fayval Williams, delivers her maiden Budget presentation in the House of Representatives, on Tuesday (March 11).
Minister of Finance and the Public Service, Hon. Fayval Williams, delivers her maiden Budget presentation in the House of Representatives, on Tuesday (March 11).

$2 Billion in Support to MSMES

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Minister of Finance and the Public Service, Hon. Fayval Williams, delivers the opening presentation in the 2025/26 Budget Debate in the House of Representative on Tuesday (March 11).
Finance & Public Service

Gov’t Programming Passage of Virtual Assets Service Provider Bill in 2025/26

Minister of Finance and the Public Service, Hon. Fayval Williams, says the Virtual Assets Service Provider (VASP) Bill is being programmed for passage in Parliament during fiscal year 2025/26, signalling Jamaica’s commitment to financial integrity. She made the disclosure during her opening 2025/26 Budget Debate presentation in the House of Representatives on Tuesday (March 11). Mrs. Williams said the Bill...
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Finance & Public ServicePress Release

Income Tax Support Session at King Street Tax Office this Saturday

Tax Administration Jamaica (TAJ) will open the doors of its Kingston Revenue Service Centre (KRSC), 1-3 King Street Downtown this Saturday only, March 15, 2025 (9:00 a.m. – 2:00 p.m.). The Saturday operation at the location is primarily to support Income Tax filers making the necessary preparations, by hosting a Special Taxpayer Assistance Programme (STAP) session ahead of the March,...
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Minister of Finance and the Public Service, Hon. Fayval Williams, opens the 2025/26 Budget Debate in the House of Representatives on Tuesday (March 11).
BudgetBudget 2025/2026CommerceFinance & Public Service

GCT Exemption Threshold for MSMEs Increased to $15 Million

The Government has announced an increase in the General Consumption Tax (GCT) exemption threshold from $10 million to $15 million for micro, small and medium-sized enterprises (MSMEs). Minister of Finance and the Public Service, Hon. Fayval Williams, in opening the 2025/26 Budget Debate in the House of Representatives on March 11, said the change is aimed at supporting the growth...
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Minister of Finance and the Public Service, Hon. Fayval Williams, opens the 2025/26 Budget Debate in the House of Representatives on Tuesday (March 11).
BudgetFinance & Public Service

Gov’t Set to Roll Out Public Sector Pay-for-Performance System in 2025/26

As fiscal year 2025/26 approaches, the Government plans to undertake significant implementation of the pay-for-performance element of the new public-sector compensation system. Minister of Finance and the Public Service, Hon. Fayval Williams, made the disclosure as she opened the 2025/26 Budget Debate in the House of Representatives on Tuesday (March 11). “We have begun the conversations with our union partners...
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Minister of Finance and the Public Service, Hon. Fayval Williams, emphasises a point while delivering the opening 2025/26 Budget Debate presentation in the House of Representatives on Tuesday (March 11).
BudgetDevelopmentFinance & Public Service

Gov’t Moves to Update Income Tax Relief Act for Large-Scale Projects and Pioneer Industries

The Government is in the process of repealing and updating the Income Tax Relief (Large-Scale Projects and Pioneer Industries) Act to, “ensure that it is fit for purpose” according to Minister of Finance and the Public Service, Hon. Fayval Williams. The revamped legislation is expected to offer a range of tax benefits to large-scale investors. Minister Williams, who was delivering...
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Minister of Finance and the Public Service, Hon. Fayval Williams, delivers the opening 2025/26 Budget Debate presentation in the House of Representatives on Tuesday (March 11).
BudgetCommerceFinance & Public ServiceIndustryInvestment

Jamaica Stock Exchange to Establish Micro Market

The Government has accepted a proposal from the Jamaica Stock Exchange (JSE) to establish a Micro Market. The JSE Micro Market will meet the needs of micro, small and medium-size enterprises (MSMEs) in the $10 million to $50 million participating equity capital bracket. This was announced by Minister of Finance and the Public Service, Hon. Fayval Williams, while opening the...
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Minister of Finance and the Public Service, Hon. Fayval Williams, opens the 2025/26 Budget Debate in the House of Representatives on Tuesday (March 11).
EducationFinance & Public ServiceOffice of the Prime Minister

CHASE Awards 4,909 Scholarships Since 2003

The Culture, Health, Arts, Sports and Education (CHASE) Fund, since its inception in 2003, has awarded 4,909 scholarships, valued at $829 million, to more than 2,000 early-childhood-education practitioners and leaders pursuing undergraduate and graduate degree programmes. Focus areas include early-childhood education, special education, literacy and numeracy, curriculum development, educational leadership and educational administration, at tertiary institutions locally and overseas. Minister...
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