An additional $25 million has been earmarked in the 2020/21 Estimates of Expenditure, now before the House of Representatives, to continue institutional capacity strengthening at the Financial Services Commission (FSC) during the next fiscal year. The project, which commenced in October 2017, aims to bolster the FSC’s operational and technical capabilities to undertake risk-based supervision across the insurance, pensions and...

The Government has set aside approximately $629 million for the Energy Management and Efficiency Programme, which seeks to promote energy efficiency in government facilities and fuel conservation in road transportation by reducing fuel imports. Details are outlined in the 2020/2021 Estimates of Expenditure, now before the House of Representatives. Anticipated targets for the 2020/2021 period include continuation of energy retrofitting...

The Government will be spending $90 million during the new fiscal year on the upgrading and expansion of the Mount St. Joseph High School in Mandeville under the Education Transformation Programme. Details about the project are outlined in the 2020/21 Estimates of Expenditure, which was tabled in the House of Representatives on Tuesday (February 11). These funds will be spent...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the Government is looking to introduce micro-insurance as part of overall policy safeguards against risks associated with climate and weather-related events. The Minister was speaking at the opening of the European Investment Bank (EIB) 2020 Caribbean Roadshow two-day symposium, at the AC Marriot Hotel in Kingston on...

The Government has allocated $232.8 million for the Citizen Security and Justice Programme (CSJP) III. This is outlined in the 2020/21 Estimates of Expenditure, now before the House of Representatives. The allocation will go towards initiatives to enhance security and justice in targeted communities through gender-responsive justice services. For the new fiscal year, the Victim Services Division is expected to...

The Government has allocated $67 million for the Energy Efficiency and Conservation Programme in the 2020/21 Fiscal Year. This is to enhance Jamaica’s energy efficiency and conservation potential, through the design and implementation of concrete Energy Efficiency (EE) and Energy Conservation (EC) cost-saving measures in the public sector. Details of the programme are outlined in the 2020/2021 Estimates of Expenditure,...

A sum of $255.2 million has been allocated for the Justice Sector Reform Programme as outlined in the 2020/21 Estimates of Expenditure, now before the House of Representatives. The project seeks to strengthen the quality of service delivery and access in the justice sector; improve the treatment of children in the criminal justice system, and to enhance sector governance and...