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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).

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...

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.

14,400 More Persons Employed as at October 2018

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, tables the 2019/20 Estimates of Expenditure in the House of Representatives on February 14.

$1.4 Billion for CSJP III Activities in 2019/2020

Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry (left), responds to questions during the PIOJ’s quarterly media briefing on Wednesday (February 20) at the Agency’s head office in New Kingston. Listening is Project Manager, Foundation for Competitiveness and Growth, Melvin Smith.

Growth of 1.7 % for October to December 2018 Quarter

Dancers perform at the Jamaica Cultural Development Commission (JCDC) World Reggae Dance Competition at the Ranny Williams Entertainment Centre, Hope Road in Kingston.

Senior Lecturer Says Entertainment Events Contribute Much to Economy

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7 years ago 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...

7 years ago Budget 2019/2020Finance & Public Service

$578 Million Allocated for PSMP II IN 2019/2020

The Government has set aside $578 million for the continuation of projects under the Public Sector Modernisation Programme (PSMP) II, in the next fiscal year. Funding details are outlined in the 2019/2020 Estimates of Expenditure, now before the House of Representatives. A major objective of the project is to support the development and delivery of integrated public services that meet...

7 years ago Budget 2019/2020Finance & Public Service

Tax Offices to be Constructed

A total of $161 million is earmarked to continue work by the Ministry of Finance and the Public Service next fiscal year to construct and renovate several tax offices islandwide. The sum is contained in the 2019/20 Estimates of Expenditure, now before the House of Representatives. The project, which commenced in September 2018, targets construction of tax offices in Cross...

7 years ago Budget 2019/2020Finance & Public Service

Climate Resilience Project gets $379 Million

Work to further build out phase two of the Pilot Programme for Climate Resilience (PPCR II) will continue this year with a $379-million budgetary allocation. This is contained in the 2019/20 Estimates of Expenditure, now before the House of Representatives. The project, which commenced in April 2013 and initially ran for 30 months, aims to improve the quality and use...

7 years ago Budget 2019/2020Finance & Public Service

Work to Continue on National Policy on Migration and Development

The Planning Institute of Jamaica (PIOJ) will continue work to formulate the country’s National Policy and Plan of Action on International Migration and Development. Approximately $34.7 million is earmarked for this undertaking in the 2019/20 Estimates of Expenditure, now before the House of Representatives. The project aims to build the capacity of ministries, departments and agencies (MDAs) to facilitate migration...

7 years ago Budget 2019/2020Finance & Public Service

Public Sector Transformation Programme Boosted

The Public Sector Transformation Programme will be further boosted during the upcoming fiscal year, through a $1.32 billion allotment in the 2019/20 Estimates of Expenditure, now before the House of Representatives. The programme, jointly funded by the Government of Jamaica, World Bank, and United Kingdom Department for International Development, aims to strengthen public resource management and support State institutions in...

7 years ago Budget 2019/2020Finance & Public Service

Operational Capacity of FSC Being Strengthened

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...