Latest

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke. (FILE)

Joint Select Committee to Consider and Reporton BOJ Act

A Joint Select Committee of Parliament has been established to consider and report on the Bank of Jamaica (Amendment) Act 2018. The Committee will be chaired by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke. Other...

Jamaica’s Ambassador to the United States and Chairman of the CARICOM Caucus of Ambassadors, Her Excellency Audrey Marks (third right), congratulates newly appointed Inter-American Development Bank Executive Director for the Caribbean, Ambassador Selwin Hart (second left), after a luncheon at the IDB headquarters in Washington DC on Friday (October 19). Others (from left) are Manager of IDB Multilateral Invest Fund, Irene Arias-Hoffman; Jamaica’s representative to the IDB, Arthur Williams; and General Manager of IDB Invest, James Scriven.

IDB to Provide More Than US$50 Million Per Year for Investment Projects in Jamaica

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, inspecting recruits trained under the Jamaica National Service Corps (JNSC), at the passing out parade held on October 20 at the Jamaica Defence Force — Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, inspecting recruits trained under the Jamaica National Service Corps (JNSC), at the passing out parade held on October 20 at the Jamaica Defence Force's (JDF) Moneague training camp in St. Ann.

More Youth to be Trained Under National Service Corps

Economic Programme Oversight Committee (EPOC) Co-Chairman, Keith Duncan, addressing journalists during EPOC’s quarterly media briefing at Jamaica Money Market Brokers Limited’s corporate offices in St. Andrew on Wednesday (October 17).

EPOC Expects Growth Momentum to Continue

Economic Programme Oversight Committee (EPOC) Co-Chairman, Keith Duncan, fields questions from journalists during EPOC’s quarterly media briefing at Jamaica Money Market Brokers Limited’s (JMMB) corporate offices in Kingston on Wednesday (October 17).

Revenue Growth Accounts for More Capital Expenditure and Social Spending

More

Economic Programme Oversight Committee (EPOC) Co-Chairman, Keith Duncan, addressing journalists during EPOC’s quarterly media briefing at Jamaica Money Market Brokers Limited’s (JMMB) corporate offices in Kingston on Wednesday (October 17).

7 years ago Finance & Public Service

Jamaica Expected to Pass Fourth Review Under IMF Standby Agreement

Economic Programme Oversight Committee (EPOC) Co-Chairman, Keith Duncan, anticipates that the International Monetary Fund’s (IMF) Executive Board will ratify Jamaica’s fourth review under the IMF’s Precautionary Standby Arrangement (PSBA), when its members meet for deliberations on November 5. Mr. Duncan said this optimism is based on the economic programme’s out-turns through to the end of June 2018, which saw the...

Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, addresses stakeholders at the Caribbean MicroFinance Alliance Forum held at the Hyatt Ziva Montego Bay on Thursday (October 11).

7 years ago Finance & Public Service

Microlenders Encouraged to Lower Interest Rates on Loans

Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, is appealing for microfinance institutions to lower interest rates on loans for small business owners. “I encourage microlenders to ensure that your (loan) products are not exploitative with high interest rates that, instead of lifting our entrepreneurs, push them into a situation of unproductivity and perpetual borrowing,” he said. The...

Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams.

7 years ago Finance & Public Service

HR Shared Services by End of Financial Year

Human resources shared services in the public sector is expected to be operational by the end of the current financial year. This was stated in a message from Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams, at a human resources transformation seminar held on October 10 at The Knutsford Court Hotel in New...

Senior Director, Employee Relations and Benefits Unit, Ministry of Finance and the Public Service, Peter Morris (2nd left), joins other staff members of the Finance Ministry for a mini-exercise session at the official launch of the inaugural charity walk/run being staged for Civil Service Week (CSW) 2018 at the Ministry

7 years ago Finance & Public Service

Sophie’s Place and St. Anthony’s Children’s Home to Benefit from Civil Service Week 5k

Youngsters residing at Sophie’s Place of Safety and St. Anthony’s Children’s Home in St. Andrew are to benefit from the proceeds of the inaugural charity walk/run being staged for Civil Service Week (CSW) 2018. The 5K event will take place on Saturday (November 17) and participants will start and finish at Emancipation Park. Senior Director Employee Relations and Benefits Unit,...

Prime Minister, the Most Hon. Andrew Holness, addresses a conference of Executive Management, Heads of Mission and Consular posts, at The Jamaica Pegasus hotel in New Kingston on October 9.

7 years ago Finance & Public Service

Jamaica Could be in First Cohort to be Measured in World Bank Group’s Human Capital Index

Prime Minister, the Most Hon. Andrew Holness, says consideration is being given for Jamaica to participate in the first cohort of countries to be measured in the World Bank Group’s Human Capital Index. Speaking at a conference of local Executive Management, Heads of Mission and Consular posts, at The Jamaica Pegasus hotel in New Kingston on October 9, he emphasised...

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (left), is greeted by President, Rotary Club of Kingston, Linval Freeman, at the club

7 years ago Finance & Public Service

Microcredit Act to Be Tabled Next Financial Year

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says the proposed Microcredit Act will be tabled in the Houses of Parliament in the next financial year, 2019/20. “Certainly, I am hoping for the first half of the next financial year that the Microcredit Act will be tabled and debated,” he said. Dr. Clarke was speaking at the...

Lead Economist at the Inter-American Development Bank (IDB), Dr. Henry Mooney, converses with President of the Business Process Industry Association of Jamaica (BPIAJ), Gloria Henry, prior to the start of the association’s

7 years ago Economic Growth & Infrastructure DevelopmentFinance & Public Service

IDB Official Praises Strong Economic Progress

The Inter-American Development Bank (IDB) says Jamaica continues to make strong economic progress, with the country’s economy poised to generate continued growth. According to the Lead Economist at the organisation, Dr. Henry Mooney, the significant strides made by the Government over the last few years have ensured macroeconomic stability and fiscal sustainability, and facilitated economic expansion. He was speaking Thursday...