| Mon - Thur 8:30 am - 5:00pm, Friday 8:30 am - 4:00 pm
Government of Jamaica ja-flag

Latest

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the House of Representatives on February 26. (FILE)
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the House of Representatives on February 26. (FILE)

Finance Minister Tables Microcredit Bill

The Microcredit Act (2019) was tabled in the House of Representatives on February 26 by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke. The Bill seeks to regulate the persons who provide microcredit services, ensuring that...
Development Bank of Jamaica (DBJ) Managing Director, Milverton Reynolds (left), converses with (from left): Jamaica Venture Capital Programme Coordinator, Audrey Richards: Inter-American Development Bank Chief of Operations, Adrianna La Valley; and Private Sector Organisation of Jamaica (PSOJ) President, Howard Mitchell, during Wednesday’s (February 27) launch of the 2019 National Business Model Competition for tertiary institutions, at The Jamaica Pegasus hotel in New Kingston.
Development Bank of Jamaica (DBJ) Managing Director, Milverton Reynolds (left), converses with (from left): Jamaica Venture Capital Programme Coordinator, Audrey Richards: Inter-American Development Bank Chief of Operations, Adrianna La Valley; and Private Sector Organisation of Jamaica (PSOJ) President, Howard Mitchell, during Wednesday’s (February 27) launch of the 2019 National Business Model Competition for tertiary institutions, at The Jamaica Pegasus hotel in New Kingston.

$34 Billion Raised Under Jamaica Venture Capital Programme
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second right); President, Association of Chinese Enterprises in Jamaica (ACEJ), Dr. Hu Zhimin (left); Chinese Ambassador to Jamaica, His Excellency Tian Qi (third left) and Counsellor, Embassy of the People’s Republic of China in Jamaica, unveil the new logo for the ACEJ, during the launch at the Spanish Court Hotel in New Kingston, on Tuesday (February 26).
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second right); President, Association of Chinese Enterprises in Jamaica (ACEJ), Dr. Hu Zhimin (left); Chinese Ambassador to Jamaica, His Excellency Tian Qi (third left) and Counsellor, Embassy of the People’s Republic of China in Jamaica, unveil the new logo for the ACEJ, during the launch at the Spanish Court Hotel in New Kingston, on Tuesday (February 26).

Finance Minister Endorses Launch of ACEJ
Minister of Education, Youth and Information, Senator the Hon Ruel Reid, addresses journalists at a post-Cabinet press briefing, held at the Office of the Prime Minister on February 27.
Minister of Education, Youth and Information, Senator the Hon Ruel Reid, addresses journalists at a post-Cabinet press briefing, held at the Office of the Prime Minister on February 27.

Cabinet Approves Increase for Pensioners
Director of Enforcement at the Betting Gaming and Lotteries Commission (BGLC), Noel Bacquie, speaks at a JIS ‘Think Tank’, recently. At right is Chief Executive Officer (CEO) at the BGLC, Vitus Evans.
Director of Enforcement at the Betting Gaming and Lotteries Commission (BGLC), Noel Bacquie, speaks at a JIS ‘Think Tank’, recently. At right is Chief Executive Officer (CEO) at the BGLC, Vitus Evans.

Keeping Crime Out of Gaming Industry Major Focus of BGLC

More

Budget 2019/2020Finance & Public Service

PIOJ Gets Additional $60 Million for Technical Cooperation Project

The Planning Institute of Jamaica (PIOJ) will receive an additional $60 million to continue work on the Technical Cooperation Facility VI (TCF VI) in the new fiscal year. This is contained in the 2019/20 Estimates of Expenditure, now before the House of Representatives. The five-year project, which commenced in November 2016, aims to identify and implement relevant, sustainable, visible and...
Read more
Budget 2019/2020Finance & Public Service

Climate Change Resilience Project Gets $703 Million

A sum of $703.7 million has been budgeted for 2019/2020 to increase Jamaica’s resilience to climate change, through enhancing adaptive capacity across priority sectors. Details of the project are outlined in the 2019/20 Estimates of Expenditure tabled recently in the House of Representatives by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke. The money will be...
Read more
Bank of Jamaica (BOJ) Governor, Brian Wynter, emphasises a point while addressing journalists at the Central Bank’s quarterly media briefing at the BOJ Auditorium in downtown Kingston on Thursday (February 21).
Budget 2019/2020Finance & Public Service

Low Inflation of 2.3 % in January 2019

The Statistical Institute of Jamaica (STATIN) is reporting that inflation fell to 2.3 per cent in January 2019. The decline is the second consecutive out-turn falling below the four to six per cent target range, Bank of Jamaica (BOJ) Governor, Brian Wynter, has said. It follows the 2.4 per cent recorded in December 2018 and is 1.5 per cent lower...
Read more
Bank of Jamaica (BOJ) Governor, Brian Wynter, emphasises a point while addressing journalists at the Central Bank’s quarterly media briefing at the BOJ Auditorium in downtown Kingston on Thursday (February 21).
Budget 2019/2020Finance & Public Service

BOJ Governor says Macroeconomic Prospects Remain Positive

Bank of Jamaica (BOJ) Governor, Brian Wynter, says the country’s macroeconomic prospects “remain positive as the indicators and outputs continue to show signs of recovery. “Foreign reserves are above the level deemed adequate and the current account deficit remains low and sustainable. Additionally, market interest rates are at historic lows and fiscal performance continues to be strong,” he points out....
Read more
Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry (centre), addresses the PIOJ’s quarterly media briefing on Wednesday (February 20) at the Agency’s head office in New Kingston. Listening (from left) are Senior Director for the Institute’s Economic Planning, Research and Policy Logistics Division, James Stewart; and Project Manager, Foundation for Competitiveness and Growth, Melvin Smith.
Finance & Public Service

14,400 More Persons Employed as at October 2018

The total number of employed persons increased by 14,400 to 1,219,700 as at October 2018, relative to the corresponding period in 2017. This is according to the Statistical Institute of Jamaica (STATIN) Labour Force Survey for the month, which shows the out-turn reducing the annual average unemployment rate to 9.1 per cent, the lowest recorded since 1968. The findings were...
Read more
Budget 2019/2020Finance & Public Service

$10 Million Allocated for Management of Returned Migrants

A sum of $10 million has been budgeted by the Government to strengthen the policy, legislative and institutional framework that guides the management and treatment of involuntary returned migrants to the island. The money has been allocated in the 2019/20 Estimates of Expenditure, now before the House of Representatives. It will go towards preparing a framework and protocol for tracking...
Read more