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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the 17th Jamaica Stock Exchange (JSE) semi-virtual Regional Investments and Capital Markets Conference at The Jamaica Pegasus hotel in New Kingston, on Wednesday (January 26).

Public Sector Compensation Review To Receive Much Focus In 2022/23

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says a significant proportion of the impending public-sector-compensation review is expected to be undertaken during the 2022/23 fiscal year. The review, slated to commence on April 1, is...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the House of Representatives on January 25, after tabling the Third Supplementary Estimates of Expenditure for the 2021/22 financial year.

Third Supplementary Estimates Tabled To Reflect Changes In Ministries

Deputy Commissioner of the Revenue Appeals Division, Andrea Kelly.

Revenue Appeals Division To Launch Web Portal This Year

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Saturday Business for Select Tax Offices

Ashley Payne receives her cheque for the winning tagline entry.

Winners of the Central Bank Digital Currency Competition Announced

Director General, Statistical Institute of Jamaica (STATIN), Carol Coy, speaking during the agency’s digital quarterly media briefing on Monday (January 17).

4 years ago Finance & Public Service

0.8 Per Cent Inflation Out-Turn For December

The Statistical Institute of Jamaica (STATIN) is reporting that the inflation rate for December 2021 was 0.8 per cent. Director General, Carol Coy, said that this was due mainly due to a 4.7 per cent increase in the index for the division – ‘Housing, Water, Electricity, Gas, and Other Fuels’. Speaking during STATIN’s digital quarterly media briefing on Monday (January...

Director General, Statistical Institute of Jamaica (STATIN), Carol Coy, speaks at the agency’s digital quarterly media briefing, on Monday (January 17).

4 years ago Economic Growth & Infrastructure DevelopmentFinance & Public ServiceLabour

Export Earnings Of US$1.15 Billion

Jamaica generated calendar year export earnings of US$1.15 billion between January and September 2021. This out-turn represents a 26.3 per cent increase over the US$910.7 million recorded for the corresponding period in 2020. Statistical Institute of Jamaica (STATIN) Director General, Carol Coy, says the increase was mainly driven by higher exports of ‘Minerals Fuels’, which climbed by 96.8 per cent....

4 years ago EntertainmentFinance & Public ServiceHousingLabourWorks / Construction

Real Estate, Entertainment, Construction Fuel Jobs

The Statistical Institute of Jamaica (STATIN) is reporting that three industries accounted for the largest increase in employment of 68.7 per cent, in October 2021. These, according to Director General, Carol Coy, are ‘Real Estate and Other Business Services’; ‘Arts, Entertainment, Recreation and Other Services’ and ‘Construction’. She was speaking during STATIN’s digital quarterly media briefing on Monday (January 17)....

4 years ago Finance & Public ServiceLabour

Unemployment Falls To Record Low Of 7.1 Per Cent

The country’s unemployment rate fell to a record low of 7.1 per cent for October 2021, according to the Statistical Institute of Jamaica (STATIN) Labour Force Survey for the month. This is 0.1 percentage point lower than the previous 7.2 per cent pre-coronavirus (COVID-19) out-turn recorded in October 2019. STATIN’s Director General, Carol Coy, said the October 2021 figure also...

Minister of Finance and the Public Service Dr. the Hon. Nigel Clarke, makes a point while contributing to the debate on the Second Supplementary Estimates for the 2021/22 fiscal year in the House of Representatives on Thursday (Jan. 13).

4 years ago Finance & Public ServiceNational Security and PeaceParliament

$1B for the Police in Second Supplementary Estimates

A sum of $1 billion has been allocated to the Ministry of National Security for the purchase of motorbikes and other items, which will help to improve efficiency for members of the Jamaica Constabulary Force (JCF). The money, which will also be used to purchase armoured vests, information and communications technology (ICT) hardware, furniture and equipment, has been provided in...

Minister of Finance and the Public Service Dr. the Hon. Nigel Clarke, discusses a matter of importance while making his contribution to the debate on the Second Supplementary Estimates for the 2021/22 fiscal year, during a special sitting of the House of Representatives on Thursday (Jan. 13).

4 years ago Finance & Public ServiceParliament

Jamaica’s Economy Recovering at a Quick Pace from COVID-19

Minister of Finance and the Public Service Dr. the Hon. Nigel Clarke says Jamaica’s economy is recovering from the coronavirus (COVID-19) pandemic at a rate that is surpassing other countries in the region. He noted that the country’s recovery is evidenced by the growth of the economy by 5.8 per cent in the July to September quarter, 2021, as reported by...

4 years ago Finance & Public Service

Government To Embark on Another Phase of Pension Reform

The Government will be embarking on another phase of pension reform during fiscal year 2022/23, which begins on April 1. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said the programmed undertaking aims to make pensions attractive to more Jamaicans, increase the number of working individuals preparing for retirement, and expand the pool of savings in...