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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, delivers the keynote address during the third annual Mayor’s Charity Ball, which was held at the S Hotel in St. James on Saturday (December 7).

Jamaicans Encouraged To Invest In Country

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, is encouraging citizens to take full advantage of the “unprecedented” period of economic growth by investing in the country. “Now is the time to ensure that you invest...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses a luncheon hosted by President of the Jamaica Civil Service Association (JCSA), O’Neil Grant, at The Knutsford Court Hotel in New Kingston, on December 6.

Finance Minister Pledges Support To Public-Sector Workers

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (at podium), addresses attendees at the launch of the 50th anniversary of the Inter-American Development Bank’s (IDB) operations in Jamaica, at its Montrose Road offices, in Kingston, on Thursday (December 5). At second right (front row) is the Inter-American Development Bank (IDB) Country Representative in Jamaica, Therese Turner-Jones.

DBJ To On-Lend $5 Billion To MSMEs

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second left); and Country Managing Partner, Ernst and Young Jamaica Limited, Kayann Sudlow (third left), display two contracts, totaling US$7 million, which they signed to carry out a review of the public-sector compensation structure; and to implement shared corporate services for the public sector. Also pictured (from left) are Financial Secretary, Darlene Morrison; Executive Director, Ernst and Young, Barry Eligon; and President, Jamaica Civil Service Association (JCSA), O — Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second left); and Country Managing Partner, Ernst and Young Jamaica Limited, Kayann Sudlow (third left), display two contracts, totaling US$7 million, which they signed to carry out a review of the public-sector compensation structure; and to implement shared corporate services for the public sector. Also pictured (from left) are Financial Secretary, Darlene Morrison; Executive Director, Ernst and Young, Barry Eligon; and President, Jamaica Civil Service Association (JCSA), O'Neil Grant. The signing took place at the National Heroes Circle offices of the Finance Ministry, in Kingston

Proposal For New Public Sector Compensation Structure To Be Submitted To Cabinet

Bank of Jamaica (BOJ) Governor, Richard Byles (right), responds to questions from journalists during Thursday’s (November 21) quarterly briefing, held at the BOJ in downtown Kingston. Listening is Deputy Governor, Dr. Wayne Robinson.

BOJ to Get Feedback From Financial Institutions

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Bank of Jamaica (BOJ) Governor, Richard Byles, addresses journalists during Thursday’s (November 21) quarterly briefing, at the BOJ in downtown Kingston.

6 years ago Finance & Public Service

BOJ Governor Says Sale of US$140 Million to Market Satisfied Demand

Bank of Jamaica (BOJ) Governor, Richard Byles, says the sale of US$140 million to the foreign exchange market has served to satisfy extraordinary currency demand, which surfaced in recent weeks. The spike was related to demand for portfolio transactions and seasonal restocking by retailers ahead of the Christmas period. Speaking at the BOJ’s quarterly briefing on Thursday (November 21), Mr....

Bank of Jamaica (BOJ) Governor, Richard Byles (right), responds to questions from journalists during Thursday’s (November 21) quarterly briefing at the BOJ in downtown Kingston. Listening is Deputy Governor, Dr. Wayne Robinson.

6 years ago Finance & Public Service

BOJ to Implement New FX Trading Platform

Bank of Jamaica (BOJ) Governor, Richard Byles, has announced plans to implement a new foreign exchange trading platform in 2020. “We are going to be testing and implementing it January into February… then we will start the use of it throughout the trading operations with the commercial banks,” he said. Mr. Byles was speaking at the Bank’s quarterly briefing at...

Bank of Jamaica (BOJ) Governor, Richard Byles, addresses journalists during Thursday’s (November 21) quarterly briefing, at the BOJ in downtown Kingston.

6 years ago Finance & Public Service

BOJ Reports Increase In Credit Given By Deposit-Taking Institutions

The Bank of Jamaica (BOJ) is reporting a 15.5 per cent increase in credit extended by deposit-taking institutions (DTIs) to businesses and households for the 12-month period ending September 2019. Governor, Richard Byles, says this is “broadly consistent” with the level of growth in this area, since the start of the year. He was speaking at the Central Bank’s quarterly...

6 years ago Finance & Public Service

BOJ Holds Policy Interest Rate At 0.50 Per Cent On Overnight Placements

The Bank of Jamaica (BOJ) says it will be holding the policy interest rate on overnight placements from deposit-taking institutions unchanged at 0.50 per cent, effective Wednesday (November 20). In a statement on Tuesday (November 19), the Central Bank said its decision, as was the case in September, is based on its assessment that monetary conditions are “generally appropriate” to...

Science, Energy and Technology Minister, Hon. Fayval Williams (right), is greeted by Pastor of Olson Memorial Church of God in Kingston, Rev. Adinhair Jones, on arrival for Sunday’s (November 17) Civil Service Week church service. Looking on is Custos Rotulorum for Kingston, Hon. Steadman Fuller. The week is being observed from November 17 to 23 under the theme: ‘Building and Sustaining a Culture of Excellence’.

6 years ago Finance & Public Service

PHOTOS: Civil Service Week 2019 Church Service

Acting Director for the Jamaica Information Service’s (JIS) Research, Print and Production Division, Celia Lindsay (right), accepting her Civil Servant of the Year 2019/19 award from Chief Executive Officer for First Heritage Co-Operative Credit Union Limited, Roxann Linton, during the presentation ceremony at the Jamaica Pegasus Hotel on Friday (November 15).

6 years ago Excellence in the Civil ServiceFinance & Public Service

Top Civil Servants for 2019/20 Awarded

Acting Director for the Jamaica Information Service’s (JIS) Research, Print and Production Division, Celia Lindsay, is one three persons selected as 2019/20 Civil Servant of the Year. She copped the award after topping the field of entrants in the category of Management. The other winners are: Customer Service Manager at the Administrator General’s Department, Sophia Levy, who topped the field...

6 years ago Finance & Public Service

BOJ Releases Another US$20 Million

The Bank of Jamaica (BOJ) on Thursday (November 14) released an additional US$20 million for sale to authorised dealers and large cambios via the BOJ’s Foreign Exchange Intervention and Trading Tool (B-FXITT). The provision represented the third consecutive day that the central bank was intervening in the foreign exchange market. It followed cumulative provisions of US$70 million on Tuesday (November...