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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks at Tuesday’s (March 3) meeting of the Standing Finance Committee of the House.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks at Tuesday’s (March 3) meeting of the Standing Finance Committee of the House.

Contingency Provisions In Budget To Deal With COVID-19 – Finance Minister

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says Jamaica is in a good position to respond to a possible coronavirus (COVID-19) outbreak. He said the Government has contingency provisions within the Budget to adequately deal...
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left) and the World Bank Country Director for Caribbean Countries, Latin America and the Caribbean Region, Tasheen Sayed (second left), sign the US$40-million loan agreement for the implementation of the second phase of the Rural Economic Development Initiative (REDI II), during a ceremony held at the Ministry’s Heroes Circle offices, today (March 3). Observing (from third left) are World Bank Representative for Jamaica, Ozan Sevimli; and Managing Director of Jamaica Social Investment Fund, Omar Sweeney. Standing is Negotiation Officer, Ministry of Finance and the Public Service, Dwayne Haynes.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left) and the World Bank Country Director for Caribbean Countries, Latin America and the Caribbean Region, Tasheen Sayed (second left), sign the US$40-million loan agreement for the implementation of the second phase of the Rural Economic Development Initiative (REDI II), during a ceremony held at the Ministry’s Heroes Circle offices, today (March 3). Observing (from third left) are World Bank Representative for Jamaica, Ozan Sevimli; and Managing Director of Jamaica Social Investment Fund, Omar Sweeney. Standing is Negotiation Officer, Ministry of Finance and the Public Service, Dwayne Haynes.

Government And World Bank Sign Agreement For REDI II
The United States Agency for International Development (USAID) Jamaica Mission, Deputy Director, Jason Fraser (right), makes his presentation at the 4th Energy Climate Partnership of the Americas (ECPA) Ministerial Meeting, held at the Montego Bay Convention Centre, St. James, on February 27. At left is outgoing President of the American Chamber of Commerce of Jamaica, Allison Peart.
The United States Agency for International Development (USAID) Jamaica Mission, Deputy Director, Jason Fraser (right), makes his presentation at the 4th Energy Climate Partnership of the Americas (ECPA) Ministerial Meeting, held at the Montego Bay Convention Centre, St. James, on February 27. At left is outgoing President of the American Chamber of Commerce of Jamaica, Allison Peart.

Jamaica To Benefit From US$5 Million Investment By USAID
Finance and the Public Service Minister, Dr. the Hon Nigel Clarke (left), listens as Managing Director, Magna Motors Dealership Ltd, Erick Gutierrez, explains the different features of one of the three buses that were officially handed over to the Government Employees Transportation System, during a ceremony held on February 28 at Medallion Hall Hotel in Kingston.
Finance and the Public Service Minister, Dr. the Hon Nigel Clarke (left), listens as Managing Director, Magna Motors Dealership Ltd, Erick Gutierrez, explains the different features of one of the three buses that were officially handed over to the Government Employees Transportation System, during a ceremony held on February 28 at Medallion Hall Hotel in Kingston.

PHOTOS: Finance Minister Hands Over Buses
Director General for the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry (centre), responds to questions from journalists during Tuesday’s (February 25) quarterly media briefing at the agency’s head office in New Kingston. Others (from left) are Senior Director for the PIOJ’s Economic Planning, Research and Policy Logistics Division, James Stewart; and Programme Director for the Vision 2030 Jamaica Secretariat at the PIOJ, Peisha Bryan.
Director General for the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry (centre), responds to questions from journalists during Tuesday’s (February 25) quarterly media briefing at the agency’s head office in New Kingston. Others (from left) are Senior Director for the PIOJ’s Economic Planning, Research and Policy Logistics Division, James Stewart; and Programme Director for the Vision 2030 Jamaica Secretariat at the PIOJ, Peisha Bryan.

PIOJ Reports 0.1 Per Cent Growth For Fourth Quarter

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Bank of Jamaica (BOJ) Governor, Richard Byles (left), addresses journalists during Thursday’s (February 20) quarterly media briefing at the BOJ in downtown Kingston. At right is Senior BOJ Deputy Governor, John Robinson.
Finance & Public Service

BOJ Commences Process To Identify New Senior Deputy Governor

The Bank of Jamaica (BoJ) has commenced the process to identify a candidate to replace incumbent Senior Deputy Governor, John Robinson, who is slated to demit the position shortly. Speaking during the Bank’s quarterly media briefing at the BOJ in downtown Kingston, on Thursday (February 20), Governor, Richard Byles, said applications have been invited to fill the post. This has...
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Bank of Jamaica (BOJ) Governor, Richard Byles (left), addresses journalists during Thursday’s (February 20) quarterly media briefing at the BOJ in downtown Kingston. At right is Senior BOJ Deputy Governor, John Robinson.
Finance & Public ServiceForeign Affairs

BOJ Reports ‘Generally Balanced’ Foreign Exchange Demand And Supply

Bank of Jamaica (BOJ) Governor, Richard Byles, says demand and supply in the local foreign exchange market, save and except for periodic bouts of extraordinary demand, are “generally in the balance”. “The post-Christmas demand has been settled, and dealers are now selling more to the market than what they buy,” he said, while noting, however, that “there remains some capital...
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Bank of Jamaica (BOJ) Governor, Richard Byles (2nd left), addresses journalists during Thursday’s (February 20) quarterly media briefing at the BOJ in downtown Kingston. With the Governor (from left) are: Deputy Governors Dr. Wayne Robinson, John Robinson and Natalie Haynes.
Finance & Public Service

New BOJ Foreign Exchange Trading Platform To Be Rolled Out By March 31

Phase one of the newly proposed Bank of Jamaica (BOJ) foreign exchange trading platform is expected to be rolled out by March 31. This was disclosed by Deputy Governor, Natalie Haynes, during the Bank’s quarterly media briefing at the BOJ, in downtown Kingston, on Thursday (February 20). Ms. Haynes said the initial phase entails establishment of the order market arrangement...
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Bank of Jamaica (BOJ) Governor, Richard Byles (left), addresses journalists during Thursday’s (February 20) quarterly media briefing at the BOJ in downtown Kingston. At right is Senior BOJ Deputy Governor, John Robinson.
Finance & Public Service

BOJ Reports Increase In Credit To Businesses, Households

The Bank of Jamaica (BOJ) is reporting a significant increase in credit extended by deposit-taking institutions to businesses and households for the 12-month period, ending December 2019. BOJ Governor, Richard Byles, said credit to businesses grew by 20.3 per cent, while the provision to households increased by 16.5 per cent. “This growth was notably faster than the expansions of 15.4...
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Budget 2020/2021Finance & Public ServiceNational Security

CCTV Network To Be Upgraded

Work is slated to continue to upgrade the country’s closed-circuit television (CCTV) network in the new fiscal year. The Ministry of National Security will be spending $1.2 billion for the undertaking. Upgrading of Jamaica’s CCTV network will be done with the supply and installation of cameras and servers. The money will also be used to upgrade the radio communications network...
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(FILE) Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses Members of the House of Representatives on Tuesday (February 11), after tabling the Estimates of Expenditure for the 2020/21 fiscal year.
Budget 2020/2021DevelopmentFinance & Public Service

$543 Billion For Implementation Of Projects Over Five Years

Approximately $543.6 billion has been budgeted to implement public investment projects in central government and public bodies over the next five fiscal years. Of this sum, $106.7 billion will facilitate 189 projects during 2020/21. In addition, $5.89 billion has been allocated for three public-private partnership [PPP] projects, which are also slated for implementation. This is according to the Government’s 2020/21...
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Budget 2020/2021Finance & Public Service

Support For New Projects To Be Implemented Under PIMS

Approximately $3.5 billion is earmarked to provide contingency funding support for new projects approved for implementation under the Public Investment Management System (PIMS), during the upcoming fiscal year. The provision is contained in the 2020/21 Estimates of Expenditure, which will be deliberated on by the Standing Finance Committee of the House on March 2 and 3. The engagement, which is...
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