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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, emphasises a point while addressing the House of Representatives on March 26. Listening is Minister without Portfolio in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. J.C. Hutchinson.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, emphasises a point while addressing the House of Representatives on March 26. Listening is Minister without Portfolio in the Ministry of Industry, Commerce, Agriculture and Fisheries, Hon. J.C. Hutchinson.

House Approves Third 2018/19 Supplementary Estimates

The House of Representatives on Tuesday (March 26) approved the Third Supplementary Estimates for the 2018/19 fiscal year, which reflect total government expenditure of $802.6 billion. The figures indicate no deviation between the expenditure out-turns projected in the Second 2018/19...
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (left), converses with (from second left): JN Group Financial Consultant, Hugh Reid; Caribbean Policy Research Institute (CaPRI) Executive Director, Dr. Damien King; and JN Group Assistant General Manager, Dr. Dana Morris Dixon, at CaPRI’s Annual Budget Review and Public Forum, held at The Knutsford Court Hotel in New Kingston on Monday (March 25).
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (left), converses with (from second left): JN Group Financial Consultant, Hugh Reid; Caribbean Policy Research Institute (CaPRI) Executive Director, Dr. Damien King; and JN Group Assistant General Manager, Dr. Dana Morris Dixon, at CaPRI’s Annual Budget Review and Public Forum, held at The Knutsford Court Hotel in New Kingston on Monday (March 25).

CaPRI Head Lauds Government
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (centre), responds to questions during a panel discussion at the Caribbean Policy Research Institute (CaPRI) Annual Budget Review and Public Forum, held at The Knutsford Court Hotel in New Kingston, on Monday (March 25). Also taking part (from left) are JN Group Assistant General Manager, Dr. Dana Morris Dixon; and CaPRI Executive Director, Dr. Damien King.
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (centre), responds to questions during a panel discussion at the Caribbean Policy Research Institute (CaPRI) Annual Budget Review and Public Forum, held at The Knutsford Court Hotel in New Kingston, on Monday (March 25). Also taking part (from left) are JN Group Assistant General Manager, Dr. Dana Morris Dixon; and CaPRI Executive Director, Dr. Damien King.

Measures Under ERP Generate Space for Capital Expenditure
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, DPhil, MP
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, DPhil, MP

Central Government and Public Bodies to Invest $100.9 Billion on Projects

Young People Urged to become Entrepreneurs

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Finance & Public Service

BOJ Adjusts Interest Rate on Overnight Balances

The Bank of Jamaica (BOJ) has announced a further reduction on the policy interest rate offered on its overnight balances, by 25 basis points, to 1.25 per cent. In a statement on Wednesday (March 27), the Central Bank said this decision is aimed at returning and retaining the inflation rate within the four to six per cent target range by...
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CommerceFinance & Public Service

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 medium business community who will directly benefit from the stimulus to allocate the surpluses back in your businesses to allow...
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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.
Budget 2019/2020Finance & Public Service

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

National Export-Import (EXIM) Bank of Jamaica loans to the productive sector is projected to increase to $9.3 billion for the upcoming fiscal year. This is according to the 2019/20 Public Bodies’ Estimates of Revenue and Expenditure, which was tabled in the House of Representatives by Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke. The loan provision will...
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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).
Finance & Public Service

Country Embarks on Next Phase of Economic Reforms

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the country is now embarking on the next phase of economic reforms, which will ensure that monetary policy delivers low, stable and predictable inflation. This strategy, referred to as “inflation targeting”, is a monetary policy regime in which a central bank has an explicit target inflation rate...
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Chief Executive Officer (CEO) of the PetroCaribe Development Fund (PCDF), Dr. Wesley Hughes, speaks at a JIS ‘Think Tank’ on March 15.
Finance & Public ServiceJIS Think Tank

CEO says PCDF has Accomplished Mission

Chief Executive Officer (CEO) at the PetroCaribe Development Fund (PCDF), Dr. Wesley Hughes, says the PCDF has accomplished its mission, and will be integrated into the Ministry of Finance and the Public Service as of March 31, 2019. Speaking at a JIS ‘Think Tank’ on March 15, Dr. Hughes said that all assets and a small amount of liabilities will...
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