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Small Business Encouraged to Take Advantage of $14 Billion Stimulus Package

President of the Montego Bay Chamber of Commerce and Industry, Winston Lawson, is urging small and medium businesses in St. James, to take advantage of the recently announced $14 billion stimulus package. “We encourage our members and the small and...

Minister of Finance and the Public Service, Dr. the Hon Nigel Clarke, emphasises a point as he closes the 2019/20 Budget Debate in the House of Representatives, on March 20. Listening keenly are Industry, Commerce, Agriculture and Fisheries Minister, Hon. Audley Shaw; and Minister of Science, Energy and Technology, Hon. Fayval Williams.

Finance Minister Announces Changes to Stimulus Package

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, opens the 2019/20 Budget Debate in the House of Representatives on March 7. Seated (from left) are Industry, Commerce, Agriculture and Fisheries Minister, Hon. Audley Shaw; and Science, Energy and Technology Minister, Hon. Fayval Williams.

EXIM Bank Loans for Productive Sector to Increase to $9.3 Billion

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the opening session of the two-day XXII Workshop in International Economics and Finance, at the Bank of Jamaica in downtown Kingston on Monday (March 18).

Country Embarks on Next Phase of Economic Reforms

Chief Executive Officer (CEO) of the PetroCaribe Development Fund (PCDF), Dr. Wesley Hughes, speaks at a JIS ‘Think Tank’ on March 15.

CEO says PCDF has Accomplished Mission

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left), exchanges greetings with Co-chairman of the Public Sector Transformation Oversight Committee, Danny Roberts (right), at the launch of the inaugural Public Sector Debate Competition at the Spanish Court Hotel in St. Andrew on Thursday (March 14). Looking on (from second left) are Manager, Personnel and Industrial Relations, National Works Agency, David C. Knight; and Executive Director of the Transformation Implementation Unit (TIU) in the Ministry of Finance and the Public Service, Maria Thompson Walters.

7 years ago Finance & Public Service

Dr. Clarke Urges Public-Sector Workers to Embrace Transformation

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, is calling on all public-sector workers to embrace the transformation process in the bid to develop a public service that is strong, capable and operates at the highest level of efficiency. “We need the participation of every member of the public service… . It cannot be done by...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (third right) cuts the ribbon to officially open Massy United Insurance (MUI) Limited’s new office in the PanJam building in New Kingston on Wednesday (March 13). Others from left are Chief Commercial Officer, MUI, Mark Sommerville; Chief Executive Officer, MUI Limited, Randy Graham; Branch Manager, Massy United Insurance Jamaica, Winsome Gibbs; Executive Vice President, Massy Group and Chairman, Massy United Insurance, David O’Brien and Country Manager, Massy Jamaica, Peter Graham.

7 years ago Finance & Public Service

Finance Minister Welcomes Massy United Insurance Limited to Jamaica

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, is welcoming the move by Massy United Insurance Limited to officially enter the general insurance market in Jamaica. Dr. Clarke said the expansion of the company into Jamaica is a testament to the fact that the country is moving in the right direction. “When an organisation like the Massy...

Opposition Spokesperson on Finance and Planning, Mark Golding, makes his contribution to the 2019/20 Budget Debate in the House of Representatives on March 12

7 years ago Budget 2019/2020Finance & Public Service

Private Sector Encouraged to Get More Involved in Vocational Training

Opposition Spokesperson on Finance and Planning, Mark Golding, says the private sector should get more involved in the design and execution of vocational training programmes. Making his contribution to the 2019/2020 Budget Debate in the House of Representatives on March 12, Mr. Golding cited as an example, the Associate Degree in Business Process Outsourcing (BPO) Management that was introduced by...

Director of Economics at the Caribbean Development Bank (CBD), Dr. Justin Ram, addresses the High Level Symposium for Transport Ministers of the Caribbean Region, held recently at the Iberostar Hotel in Rose Hall, St. James.

7 years ago Finance & Public ServiceTransport

CDB Official Hails Jamaica Junior Market as Model for Financing Blue Economy

Director of Economics at the Caribbean Development Bank (CDB), Dr. Justin Ram, says Jamaica’s Junior Stock Exchange (JSE) stands as a blueprint for how countries across the region could utilise the stock market in raising capital to support the blue economy. He said that a blended finance approach may be adopted in the initial stages of development, involving the private...

Minister of Finance and the Public Service, Dr. Hon. Nigel Clarke (left), peruses a document along with International Monetary Fund (IMF) Mission Chief for Jamaica, Dr. Uma Ramakrishnan, prior to the start of Friday’s (March 8) Government of Jamaica (GoJ)/IMF joint press conference at the Ministry’s offices in Kingston for the Fifth IMF Precautionary Stand-By Arrangement (PSBA) Review.

7 years ago Finance & Public Service

Jamaica Meets All Targets Under Fifth IMF PSBA Review

Jamaica has met all targets under the International Monetary Fund’s (IMF) Precautionary Stand-By Arrangement (PSBA) for the period ending December 2018. This is according to Finance and Public Service Minister, Dr. Hon. Nigel Clarke, who indicated the Government’s concurrence with the IMF that Jamaica’s Economic Reform Programme remains strong, consequent on consistent policy implementation. “The Government has met all 22...

7 years ago Budget 2019/2020Finance & Public Service

Pensions of Retired Government Employees to be Increased

Some $600 million has been included in the 2019/20 Budget to increase pensions for retired Government employees. Opening the 2019/20 Budget Debate in the House of Representatives on Thursday (March 7), Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said this is in addition to the $600 million increase applied in 2018/19 and approved by Cabinet...

7 years ago Budget 2019/2020Finance & Public Service

New Public Procurement Regime to Take Effect in 2019/20

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the new public procurement regime will come into force in the new financial year, which begins April 1. Dr. Clarke, who was opening the 2019/20 Budget Debate in the House of Representatives on Wednesday (March 7), explained that new regime will enhance the potential for micro, small...