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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

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...

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

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.

First Ever Jamaica Survey Of Establishments Launched

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.

Gov’t Proposing To Spend An Additional $50.15 Billion

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.

Outgoing IMF Mission Chief Says Jamaica Can Manage Its Economic Affairs

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...

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...

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...

President of the Jamaica Civil Service Association (JCSA), O’Neil Grant, addresses JIS ‘Think Tank’, at the agency’s Montego Bay Regional Office in St. James, on Monday, September 09.

6 years ago Finance & Public ServiceJIS Think Tank

JCSA Pushes for Paternity Leave

President of the Jamaica Civil Service Association (JCSA), O’Neil Grant, says the entity will be pushing discussions on the introduction of paternity leave in Jamaica. Speaking at a JIS Think Tank at the agency’s regional office in Montego Bay, St. James, on September 9, Mr. Grant noted that fathers need time off from work at the birth of their children...

6 years ago Finance & Public ServiceJIS Think Tank

JCSA Garners Benefits for Public-Sector Workers

Public-sector workers are poised to receive new and improved benefits through the Jamaica Civil Service Association (JCSA). Speaking at a JIS Think Tank at the agency’s regional office in Montego Bay, St. James, on September 9, President of the JCSA, O'Neil Grant, said the Association aims to launch two products for the benefit of members before the end of the...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left), converses with Project Consultant, Development Bank of Jamaica (DBJ) Venture Capital Programme, Audrey Richards (right), during the DBJ’s Private Equity Conference at The Jamaica Pegasus hotel in New Kingston on June 11. Looking on (from second left) are DBJ Managing Director, Milverton Reynolds; and General Manager for the Bank’s Public-Private Partnerships and Privatisation Division, Denise Arana.

6 years ago DevelopmentFinance & Public Service

DBJ to Stage Second Equity Financing Workshop September 18

The Development Bank of Jamaica’s (DBJ) Venture Capital Unit will host the second in a series of training workshops for Business Services Intermediaries (BSIs) on September 18 at the Spanish Court Hotel in New Kingston. Discussions will focus on the topic “Introduction to Equity Financing”. The workshop is geared towards business enablers, including consultants and professionals, who facilitate, train and...