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Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, addresses stakeholders during the CanEx Business Conference and Expo opening ceremony, which was held at the Montego Bay Convention Centre in St. James recently.

Shaw Says Gov’t Will Continue To Lobby US On Correspondent Banking

Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, says the Government will continue to lobby the United States (US) to take the lead in legitimising licensed cannabis growers and processors in the correspondent banking relationships with US banks....

Minister of Finance and the Public Service, Dr the Hon. Nigel Clarke, opens the debate on the First Supplementary Estimates for the 2019/20 fiscal year in the House of Representatives on October 8. Seated is Minister without Portfolio in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. J.C. Hutchinson.

Gov’t Allocates $38M For Petrojam Forensic Audit

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, announces the members of the Joint Select Committee to consider and report on the Customs Act 2019. This was during the sitting of the House of Representatives on October 8.

Joint Select Committee To Review Customs Act

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

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

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6 years ago Finance & Public ServiceInformation

Three More Buses For Government Employees

Three buses, valued at US$753,695, are to be added to the fleet serving government employees. This follows Cabinet’s approval for the award of a contract to Magna Motors Dealership Limited for the supply and delivery of three 50-seater buses for the Government Employees Transportation Service (GETS) fleet. Minister without Portfolio with responsibility for Education, Youth and Information, Hon. Karl Samuda,...

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

6 years ago Finance & Public Service

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

Members of the public will soon be able to purchase shares in Trans-Jamaican Highway Limited (TJH), which owns and operates the country’s toll-road network. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said the Government, through State entity the National Road Operating and Constructing Company (NROCC), has an agreement with TJH’s overseas-based principal parent companies, Bouyges...

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

6 years ago Finance & Public Service

Approximately $1 Billion Saved from Rationalisation Of Public Bodies

Approximately $1 billion in savings to the Government has been realised from the rationalisation of public bodies to date. Executive Director of the Transformation Implementation Unit (TIU) in the Ministry of Finance and the Public Service, Maria Thompson Walters, made the disclosure at a JIS Think Tank on Tuesday (October 2). She said that the finance team “is working to...

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.

6 years ago Finance & Public Service

Merger Of Gaming Agencies Will Provide Stronger Oversight – BGLC Chairman

Chairman of the Betting, Gaming & Lotteries Commission (BGLC), Clovis Metcalfe, says the merger of Jamaica’s three State-run gaming agencies will effect stronger oversight and sustainable regulation of the local gaming industry. The entities – BGLC, Jamaica Racing Commission (JRC), and Casino Gaming Commission (CGC) – are currently undergoing a merger to create one entity - the ‘Jamaica Gaming Commission’....

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...