Tax Administration Jamaica (TAJ) is reporting an encouraging take-up of the recently added online service, whereby taxpayers can now pay the renewal fee for their Driver’s Licence via its website at www.jamaicatax.gov.jm. Since the July 27, 2020 implementation of the online payment option, over 2309 transactions have been recorded in the first six weeks, for Private and General Classes of...

The Betting, Gaming and Lotteries Commission (BGLC) is advising the public that its office at 78cef Hagley Park Road will remain closed until Monday, September 7. The closure notice was first issued on Sunday (August 30) for two days, after a member of staff tested positive for COVID-19. Manager of Corporate Affairs and Communication at BGLC, Jeanette Lewis, told JIS...

Tax Administration Jamaica (TAJ) wishes to advise its customers that due to the country’s General Elections, all Tax Offices and TAJ business locations will be closed to the public at 1:00 p.m. on Thursday September 3, 2020. Additionally, staff will be allowed to leave at 2:00 p.m., thereby allowing TAJ personnel to exercise their right to vote. Regular business hours...

The Transformation Implementation Unit (TIU) has emerged winner of the Inter-American Development Bank (IDB) Project Execution Challenge. The award was presented on Thursday, August 27, during a virtual ceremony. The Challenge was issued in 2019 to determine the best performing project execution unit (PEU) in Jamaica, using two new reporting tools that were introduced by the IDB – the Schedule...

Bank of Jamaica (BOJ) Governor, Richard Byles, says the near-term rate of inflation is expected to range from four to six per cent, which is within the BOJ’s target. Speaking at the Central Bank’s digital quarterly press briefing on August 26, Mr. Byles said a five to six per cent out-turn is projected for the July to September 2020 quarter,...

Bank of Jamaica (BOJ) Governor, Richard Byles, says the Bank will be working closely with authorised dealers and cambios to ensure the smooth and orderly functioning of the foreign exchange market. This, Mr. Byles said, against the background of public concern about the movement in the exchange rate, which, since August 12, “crossed the psychological threshold of $150 to US$1,”...

Bank of Jamaica (BOJ) Governor, Richard Byles, says the economy is projected to contract by between seven and 10 per cent during the 2020/21 fiscal year, as a result of the impact of the coronavirus (COVID-19). Speaking at the Central Bank’s digital quarterly press briefing on Wednesday (August 26), the Governor pointed out that this is a revision of the...