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Development Bank of Jamaica (DBJ) Managing Director, Milverton Reynolds (left), shares pleasantries with (from second left): Inter-American Development Bank (IDB) Invest Chief of Operations, Adriana La Valley; Government Senator and Economic Growth Council Executive Director, Aubyn Hill; and General Manager for the DBJ’s Public-Private Partnership and Privatisation Division, Denise Arana, during Wednesday’s (May 1) launch of the DBJ’s three-day Private Equity and Infrastructure, SMEs, Entrepreneurship and Innovation Conference, at the Courtyard by Marriott hotel, in New Kingston. The event is slated for The Jamaica Pegasus Hhotel from June 10 to 12 under the theme ‘Delivering Economic Growth through Partnership: Financing Regional Infrastructure, SMEs and Innovation’.
Development Bank of Jamaica (DBJ) Managing Director, Milverton Reynolds (left), shares pleasantries with (from second left): Inter-American Development Bank (IDB) Invest Chief of Operations, Adriana La Valley; Government Senator and Economic Growth Council Executive Director, Aubyn Hill; and General Manager for the DBJ’s Public-Private Partnership and Privatisation Division, Denise Arana, during Wednesday’s (May 1) launch of the DBJ’s three-day Private Equity and Infrastructure, SMEs, Entrepreneurship and Innovation Conference, at the Courtyard by Marriott hotel, in New Kingston. The event is slated for The Jamaica Pegasus Hhotel from June 10 to 12 under the theme ‘Delivering Economic Growth through Partnership: Financing Regional Infrastructure, SMEs and Innovation’.

DBJ to Host Three-Day Private Equity Conference

The Development Bank of Jamaica (DBJ) will host its three-day private equity and infrastructure development conference from June 10 to 12 at The Jamaica Pegasus hotel in New Kingston. The event is being staged through the Jamaica Private Equity and...
Prime Minister, the Most Hon. Andrew Holness, addressing Tuesday’s (April 30) media briefing to announce the World Bank’s provision of a US$140-million loan to Jamaica. The briefing was held at the Office of the Prime Minister.
Prime Minister, the Most Hon. Andrew Holness, addressing Tuesday’s (April 30) media briefing to announce the World Bank’s provision of a US$140-million loan to Jamaica. The briefing was held at the Office of the Prime Minister.

Gov’t Will Stick to Macroeconomic Policy – PM
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks in the House of Representatives on April 30.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks in the House of Representatives on April 30.

House Approves National Contracts Commission Validation Act
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses Tuesday’s (April 30) media briefing to announce the World Bank’s provision of a US$140-million loan to Jamaica. The briefing was held at the Office of the Prime Minister.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses Tuesday’s (April 30) media briefing to announce the World Bank’s provision of a US$140-million loan to Jamaica. The briefing was held at the Office of the Prime Minister.

World Bank Impressed with Jamaica’s Macroeconomic Achievements
Mayor of Falmouth, Councillor Colin Gager (centre), is all smiles as he holds the Public Sector Debate Competition Champion’s Trophy won by the Trelawny Municipal Corporation at the competition finals held at the Jamaica Conference Centre in Kingston on April 25. Members of the wining team are (from second left) Garcia McLean, Ricardo Williams, Marlet Wellington, Shakera Williams and Tamicka Malcolm. Sharing in the moment are Chairman of the Public Sector Transformation Oversight Committee (PSTOC), Danny Roberts (left); Executive Director, Transformation Implementation Unit in the Ministry of Finance and the Public Service, Maria Thompson-Walters (second right); and President of the Jamaica Civil Service Association, O’Neil Grant (right).
Mayor of Falmouth, Councillor Colin Gager (centre), is all smiles as he holds the Public Sector Debate Competition Champion’s Trophy won by the Trelawny Municipal Corporation at the competition finals held at the Jamaica Conference Centre in Kingston on April 25. Members of the wining team are (from second left) Garcia McLean, Ricardo Williams, Marlet Wellington, Shakera Williams and Tamicka Malcolm. Sharing in the moment are Chairman of the Public Sector Transformation Oversight Committee (PSTOC), Danny Roberts (left); Executive Director, Transformation Implementation Unit in the Ministry of Finance and the Public Service, Maria Thompson-Walters (second right); and President of the Jamaica Civil Service Association, O’Neil Grant (right).

Falmouth Mayor Congratulates Trelawny Municipal Corporation Debate Team

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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left), speaks with Chairman of Victoria Mutual Group, Michael McMorris, at the opening of the Victoria Mutual Fairview Financial Centre in Montego Bay, St. James, on Wednesday, April 24.
Finance & Public Service

No More Reckless Policy Reversals – Finance Minister

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the country’s days of being subjected to reckless forms of policy reversals to the detriment of the local people and the economy are over. Speaking at the opening of the Victoria Mutual Fairview Financial Centre in Montego Bay, St. James, on April 24, Mr. Clarke said Jamaica...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (right), tries out a computer in one of the offices at the Victoria Mutual Fairview Financial Centre, following the official opening of the facility in Montego Bay, St. James on April 24. Looking on are Chief Executive Officer of Victoria Mutual Group, Courtney Campbellon (left); and Custos of St. James, Conrad Pitkin.
Finance & Public Service

Gov’t Enabling Jamaicans to Own State Assets

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the Government remains steadfast in its commitment to revolutionise the ownership of State assets. The Minister, who was speaking at the grand opening of the Victoria Mutual Fairview Financial Centre in Montego Bay, St. James, on Wednesday (April 24), noted that more ordinary Jamaicans are being given...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left), in discussion with International Monetary Fund (IMF) Mission Chief for Jamaica, Dr. Uma Ramakrishnan, following the Government of Jamaica (GOJ)/IMF joint press conference at the Ministry’s offices in Kingston, in March, for the Fifth IMF Precautionary Stand-By Arrangement (PSBA) Review.
Budget 2019/2020Finance & Public Service

Strong Implementation of ERP Continues to Yield Significant Dividends – IMF

The Executive Board of the International Monetary Fund (IMF) says the Government’s ongoing strong implementation of Jamaica’s Economic Reform Programme (ERP), continues to yield significant dividends. The Board notes that consequent on “commendable” performances under two successive Fund arrangements since May 2013, “Jamaica’s public debt is projected to fall below 100 per cent of gross domestic product (GDP) for the...
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President of the Small Business Association of Jamaica (SBAJ), Hugh Johnson (right) shares in conversation with (from left): Conference Committee member, Reginald Budhan; Assistant General Manager/Chief Marketing and Business Development Officer at the JN Group, Dr. Dana Dixon; and Wisynco Group Chairman, William Mahfood, at the Small Business Association of Jamaica’s second regional MSME Conference, held recently at the Jamaica Pegasus Hotel in New Kingston.
Finance & Public Service

MSME’s Encouraged to Raise Funding Through Capital Market

Micro, Small and Medium Enterprises (MSMEs) are being encouraged to explore the possibility of raising funding through capital market options, such as the Jamaica Stock Exchange (JSE). “The active steps include having your plan and the goal to be a listed company. Begin by keeping proper records, start to prepare a business plan, and actively surround yourselves with persons who...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second right), peruses a First Global Bank (FGB) brochure which was presented to him by the institution’s Marketing Officer, Shanelle Bethune (right), on the final day of a three-day regional Micro, Small and Medium-size Enterprise (MSME) conference at the Jamaica Pegasus Hotel in New Kingston on April 18. Looking on (from left) are: Small Business Association of Jamaica (SBAJ) President, Hugh Johnson and SBAJ Director, Garnett Reid.
Finance & Public Service

Gov’t Exploring Asset-Based Financing for MSMEs

The Government is exploring the feasibility of utilizing accounts receivables asset-based financing as a funding option for micro, small and medium-size enterprises (MSMEs). The concept allows business owners to access capital that is secured by outstanding invoices or money owed by clients procuring goods and services on credit. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says a cross...
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