The Government will, this year, commence work in earnest to strengthen the Financial Services Commission’s (FSC’s) operational and technological capacity to undertake risk-based supervision across industries it supervises. A sum of $13.4 million is earmarked for this undertaking in the 2019/20 Estimates of Expenditure, which were tabled in the House of Representatives on February 14. The sectors that will be...

A sum of $638 million has been set aside in the 2019/20 Estimates of Expenditure for the HIV Prevalence in Most-at-Risk Population Reduced Project. The funds will go towards increasing safer sex practices; strengthening care, counselling and treatment services; and addressing stigma and discrimination among vulnerable and high-risk groups, including men who have sex with men (MSM) and female sex...

International Monetary Fund (IMF) Representative to Jamaica, Dr. Constant Lonkeng Ngouana, says that as Jamaica’s debt is reduced, more money will become available to invest for the development of the country. Speaking at a meeting of the Rotary Club of Kingston East and Port Royal at Eden Garden Wellness and Spa, Lady Musgrave Road, on February 11, Dr. Ngouana pointed...

The information and communications technology (ICT) network underpinning connectivity across Government is being revamped to further improve public service delivery. The Public Sector Efficiency and ICT pillar is one of five targeted under the Public Sector Transformation Programme, now under way. Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, who provided a programme update recently, said ICT...

Jamaica will host the 37th Institute of Chartered Accountants of the Caribbean (ICAC) Annual Conference from June 20 to 22. The event was formally launched by Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams, at the Jamaica Pegasus Hotel, New Kingston, on February 8. Some 500 accounting and business professionals from across the...

The University of the West Indies (UWI) is being encouraged to provide ongoing support, through research, for accelerated economic and social development in Jamaica. Minister without Portfolio in the Finance and the Public Service Ministry, Hon. Fayval Williams, noted that as a “knowledge producer”, the UWI is well positioned for this undertaking. She also urged well-thinking Jamaicans to join the...

The human resource records in some 30 ministries, departments and agencies (MDAs) are expected to be uploaded on the new MyHR+ digital data system by January 2021. Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, made the disclosure while providing an update on the Government’s Public Sector Transformation Programme (PSTP) at The Jamaica Pegasus hotel in New...