Minister of Finance and the Public Service, Hon. Fayval Williams, says the Government’s investment in sub-sea fibre-optic cable will reduce connectivity costs and facilitate business to boost economic growth. The Government recently signed a letter of intent with Trans Americas Fiber System for the Sub-sea Cable Project, which aims to strengthen the country’s digital infrastructure and resilience. Addressing the meeting...

Minister of Finance and the Public Service, Hon. Fayval Williams, has underscored that the private sector will play an integral role in the work that will be undertaken by the National Reconstruction and Resilience Authority (NaRRA) to fast-track the national rebuilding effort in the aftermath of Hurricane Melissa. Mrs. Williams was responding to questions regarding avenues for investments on the...

The Development Bank of Jamaica (DBJ) is working with the Jamaica Business Development Corporation (JBDC) to undertake a review of the GEMINI Grant Programme. Minister of Finance and the Public Service, Hon. Fayval Williams, made the disclosure during the Standing Finance Committee meeting on Tuesday (February 3), at Gordon House. “The DBJ is saying that the Gemini programme is under...

The House of Representatives has approved the Fourth Supplementary Estimates for the fiscal year 2025/26, which reflects an increase in government expenditure of $14.36 billion. The Estimates, approved on February 3, proposes a total expenditure of approximately $1,391,236,935, an increase of the Budget from the third supplementary estimates of $1,376,876,935. In her remarks, Minister of Finance and the Public Service,...

Commissioner of Corrections, Brigadier (Ret’d) Radgh Mason, has emphasised the link between national development and the effective reintegration of persons released from custodial sentences, noting that incarceration alone does not guarantee behavioural change. Speaking during the Planning Institute of Jamaica’s (PIOJ) 10th Best Practice Symposium for Social and Community Renewal, held recently at the Jamaica Pegasus Hotel in New Kingston,...

The World Bank Group, on Thursday (Jan. 29), officially opened its new, energy-efficient offices in Jamaica, which will serve as the hub for its Caribbean operations. Located at 1 Belmont Road in Kingston, the building brings the Bank’s Caribbean team together in one physical space, which will strengthen the institution’s presence and support in Jamaica and the wider region. In...

State Minister in the Ministry of Finance and the Public Service, Hon. Zavia Mayne, is urging procuring entities to fully utilise the Government of Jamaica Electronic Procurement (GOJEP) system to guarantee transparency and accountability in public contracts. He was speaking during the Public Procurement Commission (PPC)-Incorporated Masterbuilders Association of Jamaica (IMAJ) Public Procurement Partnership Engagement forum at the Jamaica Pegasus...