Tax Administration Jamaica (TAJ) is implementing several strategies to increase property-tax collections. Speaking at the recent Local Governance conference in Montego Bay, Commissioner General at TAJ, Ainsley Powell, said a total of 17 programmes were developed and implemented covering registration, filing and payment compliance, audit, and taxpayer service and education. “Those are some of the key things that we’re trying...

The Ministry of Finance and the Public Service continues its ‘Boots to the Street’ community sensitisation sessions on Friday (July 20) at the Paul Bogle High School Resource Centre in St Thomas, beginning at 9:00 a.m. The islandwide initiative was developed by the Ministry’s Communication and Public Relations branch in an effort to raise greater awareness about the work of...

Cabinet has approved members of the Public Investment Management Committee (PIMC), chaired by Minister of Finance and the Public Service, Dr. the Hon Nigel Clarke. Minister without Portfolio in the Ministry, Hon. Fayval Williams, will serve as Vice Chair. This was disclosed by Minister of Education, Youth and Information, Senator the Hon. Ruel Reid, at the recent post-Cabinet press briefing...

A new World Bank Report is suggesting that, on average, Jamaica would need $16 billion annually to cover losses from natural disasters. Of this amount, it is estimated that $9 billion would be required to address hurricane damage to public and private buildings. Titled, ‘Advancing Disaster Risk Finance in Jamaica’, the report, which outlines proposals for the formulation of a...

The Statistical Institute of Jamaica (STATIN) is reporting that the country’s economy grew 1.4 per cent in the January to March quarter, when compared to the similar quarter in 2017. Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams, provided details during yesterday’s (July 11) post-Cabinet press briefing at Jamaica House. “Of note, in...

Prime Minister Andrew Holness today (July 5) held bilateral discussions with His Excellency Miguel Diaz-Canel Bermudez, President of the Republic of Cuba. The Cuban President is in Jamaica for the first time since assuming office in April this year. His Excellency is one of two special guests attending the CARICOM Heads of Government meeting underway in Montego Bay St. James....

Attorney General, Marlene Malahoo Forte, says $462,092,000 has been approved for the payment of judgement debts for the current financial year. “If the amount provided is insufficient, we will again seek additional funds with a view to satisfying the obligations that arise in the course of this financial year,” she said. She was making her contribution to the 2018/19 Budget...