Finance and the Public Service Minister, Dr. the Hon Nigel Clarke, says the salaries of Parliamentarians are increased in keeping with the general increases awarded to civil servants. “Parliamentarians’ emoluments were, therefore, increased for the four-year period 2017/18 to 2020/21, consistent with what was agreed on under the Heads of Agreement with the Jamaica Confederation of Trade Unions,” he noted....

The Bank of Jamaica (BOJ) is projecting a $2.4-billion increase in total currency in circulation during December to $152.4 billion, relative to the sum in November, in keeping with heightened activities associated with the festive Christmas season. In a statement on Tuesday (December 17), the Bank said the projection represents a 14.1 per cent increase, compared to 20.4 per cent...

   

The House of Representatives on Tuesday (December 10) approved the Public Bodies Management and Accountability (Nomination, Selection and Appointment to Boards) Regulations. This represents a seminal tool towards achieving improved corporate governance in respect of public bodies. In his remarks, Finance and the Public Service Minister, Dr. the Hon. Dr. Nigel Clarke, said there is need for a more transparent...

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, 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, 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...