Advertisement

Hurricane Melissa

Latest

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, addresses the House of Representatives in September, after tabling the first 2019/20 Supplementary Estimates and Fiscal Policy Paper Interim Report.

Revenue Up For April To July

For the first four months of fiscal year 2019/20 (April to July), Government revenue and grant inflows totalled just over $202 billion. This is two per cent higher than budgeted and 8.9 per cent more than the corresponding period last...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaking at the LAC Debt Group XV Annual Meeting at the Secrets Resort in Montego Bay on October 3.

Jamaica Has Enhanced Its Standing With International Lending Agencies

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second left), converses with Bouyges Construction Concessions’ Chief Operating Officer, Charles Paradis (right), during Thursday’s (October 3) ceremony at The Jamaica Pegasus hotel in New Kingston to provide details about Trans-Jamaican Highway Limited — Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second left), converses with Bouyges Construction Concessions’ Chief Operating Officer, Charles Paradis (right), during Thursday’s (October 3) ceremony at The Jamaica Pegasus hotel in New Kingston to provide details about Trans-Jamaican Highway Limited's (TJH) impending Initial Public Offer (IPO). Listening (from left) are National Road Operating and Constructing Company (NROCC) Chairman, Phillip Henriques; and Price Waterhouse Coopers (PwC) Partner and deals expert, Wilfred Baghaloo.

Jamaicans Will Soon Be Able To Own Shares In Trans-Jamaica Highway

Executive Director of the Transformation Implementation Unit (TIU), Maria Thompson Walters, speaking at a JIS ‘Think Tank’, recently.

Approximately $1 Billion Saved from Rationalisation Of Public Bodies

Chairman of the Betting, Gaming & Lotteries Commission (BGLC), Clovis Metcalfe, speaks at the opening ceremony of the International Association of Gaming Regulators (IAGR) Conference 2019, at the Half Moon Hotel in St. James, on Monday, September 30.

Merger Of Gaming Agencies Will Provide Stronger Oversight – BGLC Chairman

More

6 years ago Finance & Public Service

Central Bank Maintains Policy Interest Rate At 0.50 Per Cent

The Bank of Jamaica (BOJ) has announced that it will be maintaining the policy interest rate offered on overnight balances from deposit-taking institutions at 0.50 per cent. In a statement on Monday (September 30), the BOJ said this decision is based on its current assessment that prevailing monetary conditions are “generally appropriate” to support the achievement of the inflation target...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (centre), is presented with a copy of the Planning Institute of Jamaica (PIOJ) 2018 Jamaica Survey of Establishments (JSE) Report by PIOJ Director General, Dr. Wayne Henry, during the document’s launch at the AC Marriott Hotel in Kingston on Wednesday (September 25). At left is Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw.

6 years ago Finance & Public Service

First Ever Jamaica Survey Of Establishments Launched

The first ever Jamaica Survey of Establishments (JSE) Report was launched at the AC Marriott Hotel in Kingston, on Wednesday (September 25). The 2018 JSE, a pioneering initiative that was executed under the Planning Institute of Jamaica’s (PIOJ) Foundations for Competitiveness and Growth Project (FCGP), is intended to provide valid empirical data on the total number of establishments participating in...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, tables the First Supplementary Estimates for 2019/2020 in the House of Representatives on September 24.

6 years ago Finance & Public Service

Gov’t Proposing To Spend An Additional $50.15 Billion

The First Supplementary Estimates for the 2019/2020 financial year were tabled in the House of Representatives on Tuesday (September 24), with the Administration proposing to spend an additional $50.15 billion for the current fiscal year. This will increase the $803.24-billion Budget approved in March this year to $853.39 billion. Minister of Finance and the Public Service, Dr. the Hon. Nigel...

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (right), addresses journalists during a media round-table forum on Friday (September 20), at the Ministry’s offices in Kingston. Listening is outgoing International Monetary Fund (IMF) Mission Chief to Jamaica, Dr. Uma Ramakrishnan.

6 years ago Finance & Public Service

Outgoing IMF Mission Chief Says Jamaica Can Manage Its Economic Affairs

Outgoing International Monetary Fund (IMF) Mission Chief to Jamaica, Dr. Uma Ramakrishnan, says she is confident the country can manage its economic affairs, following the conclusion of IMF programme arrangements in November. “Without a doubt, we are able to leave with full confidence that the institutional and policy framework is in place… and the policy credibility is there for Jamaica...

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (centre), emphasises a point while addressing journalists during a media round-table forum on Friday (September 20) at the Ministry’s offices in Kingston. Listening (from left) are outgoing International Monetary Fund (IMF) Mission Chief to Jamaica, Dr. Uma Ramakrishnan; and newly appointed Resident Representative, Karim Youssef.

6 years ago Finance & Public Service

Drafting Instructions Prepared For Fiscal Council

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says drafting instructions are being prepared for issue to the Chief Parliamentary Counsel (CPC) to facilitate the establishment of the proposed Fiscal Council. “I have given a public commitment to table a draft of the legislation that will give rise to a Fiscal Council, by April 2020,” the Minister...

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (right), addresses journalists during a media round-table forum on Friday (September 20), at the Ministry’s offices in Kingston. Listening is outgoing International Monetary Fund (IMF) Mission Chief to Jamaica, Dr. Uma Ramakrishnan.

6 years ago Finance & Public Service

Significant Achievements Under IMF Programmes – Dr. Clarke

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says the impending conclusion of Jamaica’s precautionary Stand-By Arrangement (SBA) with the International Monetary Fund (IMF) will mark a significant milestone for the country. “It represents the second time that Jamaica has successfully completed a Fund programme, [following] our early termination of the Extended Fund Facility [EFF],” Dr. Clarke...

(FILE) Former International Monetary Fund (IMF) Managing Director, Christine Lagarde, addresses the Sixth IMF High Level Caribbean Forum held at The Jamaica Pegasus hotel in New Kingston on Thursday (November 16, 2017).

6 years ago Economic Growth & Infrastructure DevelopmentFinance & Public Service

Former IMF Boss Praises Jamaica

Former Managing Director of the International Monetary Fund (IMF), Christine Lagarde, has praised Jamaica for the “remarkable” accomplishments under its financial arrangements with the Fund, which have now concluded. “Through two programmes, two different administrations with very strong commitment, you have managed to actually create jobs, to reduce the unemployment level to the lowest ever, you’ve reduced debt by 50...