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$14.7 Billion in Circulation December 16 to 20 – BOJ

The Bank of Jamaica (BOJ) is reporting an 11.2 per cent increase in total currency in circulation for the week preceding Christmas (December 16-20) to $14.7 billion. In a statement on Tuesday (December 24), the BOJ said this is above...

Chief Corporate Communications Officer at Tax Administration Jamaica (TAJ), Meris Haughton.

Mandatory E-Filing Of Individual Income Tax Returns January 2

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BOJ Projects $152.4 Billion In Circulation For December

Director of Communication and Customer Relations at the Accountant General’s Department (AGD), Tanisha Weir Grant (centre); and her co-worker, Public Relations Officer, Kelsea Chambers (right), helping the AGD’s driver, Donovan Ferril (left), who is dressed as Santa Clause, to fit a Santa hat on one of the wards of the State at ‘Carols with the Children’, hosted by the AGD, the Jamaica Customs Agency and the Department of Correctional Services, at the Homestead Place of Safety, Stony Hill, St. Andrew, on Friday (December 13).

PHOTOS: Christmas Treat With The Accountant General’s Department

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the House of Representatives on December 10.

House Approves Regulations For Nomination And Appointment On Boards Of Public Bodies

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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the House of Representatives on December 10.

6 years ago Finance & Public ServiceParliament

House Passes Transfer Tax (Amendment) Act, 2019

The House of Representatives on Tuesday (December 10) passed the Transfer Tax (Amendment) Act, 2019, making permanent the two 2019/20 transfer tax revenue measures that were implemented in April. The legislation was piloted by Minster of Finance and the Public Service, Dr. the Hon. Nigel Clarke. In his remarks, Dr. Clarke explained that as part of the 2019/20 revenue measures,...

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).

6 years ago Finance & Public Service

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 in Jamaica. It is a time not to be missed, it is an opportunity that we have not had before,...

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.

6 years ago Finance & Public Service

Finance Minister Pledges Support To Public-Sector Workers

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, has pledged to continue providing appropriate support to the nation’s public-sector employees, which will enable them to deliver quality services. “If we want to achieve our potential as a country of destiny and a country of promise, we have to enable our civil service and invest in our...

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.

6 years ago Finance & Public Service

DBJ To On-Lend $5 Billion To MSMEs

The Development Bank of Jamaica (DBJ) will be on-lending $5 billion to micro, small and medium-sized enterprises (MSMEs) over the next 12 months. This was announced by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, at the launch of the 50th anniversary of the Inter-American Development Bank (IDB) operations in Jamaica, at its country offices, in...

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

6 years ago Finance & Public Service

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

A proposal for a new public-sector compensation structure is expected to be brought to Cabinet for consideration by December 2020. This has been disclosed by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, who said the proposal is to be arrived at following a review of the structure as part of the ongoing transformation of the...

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.

6 years ago Finance & Public Service

BOJ to Get Feedback From Financial Institutions

Bank of Jamaica (BOJ) Governor, Richard Byles, says he is awaiting feedback from financial institutions regarding a proposal that they consider initiating forward contracts for the timely acquisition of funds for transactions on clients’ foreign exchange investment portfolios. He said this is in a bid to smoothen the availability and provision of foreign currency and, as best as possible, prevent...

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....