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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, opens debate on the First Supplementary Estimates for the 2018/19 financial year, in the House of Representatives on October 2. At left is Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, opens debate on the First Supplementary Estimates for the 2018/19 financial year, in the House of Representatives on October 2. At left is Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw.

House Approves First Supplementary Estimates

The House of Representatives on Tuesday (October 2) approved the first Supplementary Estimates for the 2018/19 fiscal year. This means that the Government will be spending an additional $17.42 billion for this financial year. The Estimates show that the budget...
Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams (right), engages light banter with Chief Technical Director, Financial Investigation Division (FID), Robin Sykes. Occasion was the opening ceremony for the 7th annual Anti-Money Laundering/Counter-Financing of Terrorism Conference, hosted by the Jamaica Bankers Association (JBA) in collaboration with the Jamaica Institute of Financial Services (JIFS), at The Jamaica Pegasus hotel in New Kingston on Tuesday (October 2).
Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams (right), engages light banter with Chief Technical Director, Financial Investigation Division (FID), Robin Sykes. Occasion was the opening ceremony for the 7th annual Anti-Money Laundering/Counter-Financing of Terrorism Conference, hosted by the Jamaica Bankers Association (JBA) in collaboration with the Jamaica Institute of Financial Services (JIFS), at The Jamaica Pegasus hotel in New Kingston on Tuesday (October 2).

Jamaica Seeks to Increase Voice on Financial Matters in Caribbean
Deputy Governor of Finance & Technology, Payment Systems & Risk Management, Administration & Technical Services at the Bank of Jamaica (BOJ), Livingstone Morrison. He will receive the Order of Distinction (Commander Class) on National Heroes Day, October 15.
Deputy Governor of Finance & Technology, Payment Systems & Risk Management, Administration & Technical Services at the Bank of Jamaica (BOJ), Livingstone Morrison. He will receive the Order of Distinction (Commander Class) on National Heroes Day, October 15.

BOJ Deputy Governor to Receive National Award
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke. (FILE)
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke. (FILE)

Finance Minister Outlines Opportunities with Debt Reduction
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (left), is presented with a gift bag by Administrative Assistant at the Private Sector Organisation of Jamaica (PSOJ) Secretariat, Terri Anderson, during the PSOJ’s annual economic forum, held recently at The Jamaica Pegasus hotel in New Kingston. Dr. Clarke was one of two keynote speakers.
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (left), is presented with a gift bag by Administrative Assistant at the Private Sector Organisation of Jamaica (PSOJ) Secretariat, Terri Anderson, during the PSOJ’s annual economic forum, held recently at The Jamaica Pegasus hotel in New Kingston. Dr. Clarke was one of two keynote speakers.

Finance Ministry Awaits Draft Regulations for Appointment to Public Bodies

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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses members of the House of Representatives on Tuesday (September 25), while tabling the first Supplementary Estimates for the 2018/19 financial year.
Finance & Public Service

2018/19 Budget Increased by $17.4 Billion

The Government is proposing to spend an additional $17.42 billion for this fiscal year. This is outlined in the first Supplementary Estimates for the 2018/19 financial year, which was tabled by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, in the House of Representatives on Tuesday (September 25). The Estimates shows that the budget has been...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left) greets Chairman, Victoria Mutual Pension Management, Dr. Judith Robinson (second right), prior to teh start of a retirement seminar at the Spanish Court Hotel in New Kingston on September 25. Others sharing in the moment (from second left) are: Chief Executive Officer, Victoria Mutual Pensions Management, Rezworth Burchenson and President and Chief Executive Officer, Victoria Mutual Group, Courtney Campbell.
Finance & Public Service

Gov’t to Speed Up Disbursement of Public-Sector Pension Benefits

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says public-sector pensioners can expect more timely disbursement of benefits through implementation of a fully automated and efficient pension benefit claim and payout system. “We are changing the processes, and as far as the technology is concerned, the Government is implementing software packages – MyHR+ and the Public...
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Finance & Public Service

Bill to Remove Tax Exemption to be Taken to Parliament

Cabinet has given approval for the Income Tax (Amendment) Act 2018 to be introduced into the Houses of Parliament. The Bill seeks to make permanent the removal of the exemption previously provided for the general insurance companies, insurance brokers and agents from the 15 per cent withholding tax on outgoing premiums in the circumstances specified in the Act. This is...
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Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (right), shares a joke with President and Chief Executive Officer, Massy Group, E. Gervase Warner (second left), during the Private Sector Organisation of Jamaica (PSOJ) annual economic forum at The Jamaica Pegasus hotel, New Kingston, on Thursday (September 20). Both were keynote speakers at the event. Looking on (from left) are PSOJ Chief Executive Officer, Jennifer McDonald, and President, Howard Mitchell.
Finance & Public Service

Finance Ministry Drafting Policy to Respond to Natural Disasters

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says the Ministry is drafting a Public Financial Management for Disaster Risk Policy and Framework, for submission to Cabinet. Addressing the Private Sector Organisation of Jamaica (PSOJ) annual economic forum at The Jamaica Pegasus hotel in New Kingston on Thursday (September 20), he said the Policy aims to strengthen...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left), is presented with a gift basket by Tax Auditor, Camelia Bryson, at the graduation of persons who took part in the Tax Audit and Revenue Administration (TARA) postgraduate programme, on September 14 at The Knutsford Court Hotel in New Kingston.
Finance & Public Service

Finance Minister Commends TAJ

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, has hailed Tax Administration Jamaica (TAJ) for collecting four per cent more revenue than was projected for the first four months of this fiscal year. He said Jamaica is reaping the benefits of a “transformed” TAJ, and that all the economic fundamentals are moving in the right direction....
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Executive Director of the Public Investment Management Secretariat (PIMSEC) Douglas Levermore, speaking at a recent JIS Think Tank.
Finance & Public Service

Education Campaign on the Public Investment Management System

The Public Investment Management Secretariat (PIMSEC) is undertaking an education programme to sensitise public-sector employees about the procedures involved in utilising the Public Investment Management System (PIMS). The major activity is a webinar, which began in July 2018 and will run for seven months. Additionally, a website will be established to outline the steps to be taken in the processing...
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