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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (right), greets Project Director, the Caribbean Leadership Project, Colleen Rossiter (left) during the opening ceremony for the Caribbean Leadership project symposium at The Jamaica Pegasus hotel in New Kingston on June 28. At centre is Canada’s High Commissioner to Jamaica, Her Excellency Laurie Peters.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (right), greets Project Director, the Caribbean Leadership Project, Colleen Rossiter (left) during the opening ceremony for the Caribbean Leadership project symposium at The Jamaica Pegasus hotel in New Kingston on June 28. At centre is Canada’s High Commissioner to Jamaica, Her Excellency Laurie Peters.

Lowering of Policy Rate Will Foster Greater Access to Capital – Dr. Clarke

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says with the lowering of the Bank of Jamaica’s (BOJ) policy interest rate, more businesses can now access well-needed capital at affordable rates. Speaking at the opening ceremony...
Deputy Governor at the Bank of Jamaica (BOJ), Livingston Morrison (centre), engages with Senior Consultant at the World Bank, Miren Aparicio (left); and Managing Director of the Development Bank of Jamaica (DBJ), Milverton Reynolds, at the opening of Jamaica’s first Electronics Retail Payments conference, at the BOJ, downtown Kingston on June 27.
Deputy Governor at the Bank of Jamaica (BOJ), Livingston Morrison (centre), engages with Senior Consultant at the World Bank, Miren Aparicio (left); and Managing Director of the Development Bank of Jamaica (DBJ), Milverton Reynolds, at the opening of Jamaica’s first Electronics Retail Payments conference, at the BOJ, downtown Kingston on June 27.

BOJ Facilitating Access to Financial Services
Minister of Labour and Social Security, Hon. Shahine Robinson, emphasies a point during her contribution to the 2018/19 Sectoral Debate in the House of Representatives on June 26.
Minister of Labour and Social Security, Hon. Shahine Robinson, emphasies a point during her contribution to the 2018/19 Sectoral Debate in the House of Representatives on June 26.

Minimum Wage to Move to $7,000 per Week
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, addresses guests attending the Caribbean Policy Research Institute’s recent public forum at the Mona Visitors’ Lodge, University of the West Indies, St. Andrew.
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, addresses guests attending the Caribbean Policy Research Institute’s recent public forum at the Mona Visitors’ Lodge, University of the West Indies, St. Andrew.

Multi-Stakeholder Acceptance of Fiscal Council Will Be Key – Finance Minister
General Manager of the Country Department, Caribbean Group, at the Inter-American Development Bank (IDB), Therese Turner-Jones (second right), in conversation with fellow panellists following a plenary session at the recent Jamaica Investment Forum held at the Montego Bay Convention Centre in St. James. From left are Chief Executive Officer, eGov Jamaica, Maurice Barnes; Director of Information Technology, Jamaica Public Service Company Limited, Donnelle Watson-Banks; Managing Director, Flow Jamaica, Stephen Price; and Chief Executive Officer, Fujitsu Caribbean, Mervyn Eyre.
General Manager of the Country Department, Caribbean Group, at the Inter-American Development Bank (IDB), Therese Turner-Jones (second right), in conversation with fellow panellists following a plenary session at the recent Jamaica Investment Forum held at the Montego Bay Convention Centre in St. James. From left are Chief Executive Officer, eGov Jamaica, Maurice Barnes; Director of Information Technology, Jamaica Public Service Company Limited, Donnelle Watson-Banks; Managing Director, Flow Jamaica, Stephen Price; and Chief Executive Officer, Fujitsu Caribbean, Mervyn Eyre.

IDB Official Emphasises Importance of Technology to Move Economy Forward

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Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams, speaking at the Revenue Protection Department (RPD) 10th Anniversary Church Service on Sunday, June 17 at the Saint Peter’s Anglican Church in Port Royal.
Finance & Public Service

RPD’s Strategies to Include Ethics in Schools

The Revenue Protection Department (RPD) will continue to fight corruption by including in its strategies the recommendation to introduce ethics in schools. Speaking at the RPD’s 10th anniversary church service at Saint Peter’s Anglican Church in Port Royal on Sunday, June 17, Commissioner/ Principal Director (Acting), Cranston G. Morgan, said the Department will step up enforcement activities as well as...
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Finance & Public Service

Highly Skilled Persons to Serve on Fiscal Council

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says technocratic staff for the proposed fiscal council will be chosen based on high levels of competence and skills. “We want highly skilled persons who understand fiscal policy (and) economics and who have some amount of experience and analytical capability… and the ability to communicate,” he said. He was...
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Finance & Public Service

Fiscal Council to Build on Successes of EPOC

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says the Government is looking to build on the Economic Programme Oversight Committee’s (EPOC) successes, through the proposed independent Fiscal Council. This, he says, as Jamaica’s prepares to embark on a post-International Monetary Fund (IMF) era, when the current US$1.7-billion Precautionary Stand-By Arrangement (PSBA) concludes in November 2019. The...
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Prime Minister, the Most Hon. Andrew Holness (right), taking part in a
Finance & Public ServicePrime Minister

PM Says Independent Council Will Ensure Proper Fiscal Management

Prime Minister, the Most Hon. Andrew Holness, says the Economic Programme Oversight Committee (EPOC) will be transitioned into an independent Fiscal Council as a means of institutionalising proper fiscal management across Government administrations. Mr. Holness said this move to set up the new authority is to ensure that the Government never breaches the fiscal consensus, adding that this will assure...
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Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (left), makes a point to Sterling Asset Management Limited’s Managing Director, Charles Ross, during the firm’s annual investor briefing at the Spanish Court Hotel, New Kingston, recently.
Finance & Public Service

Finance Minister Stresses Focus on Economic Independence

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, has reiterated the Government’s focus on achieving economic independence, expanding opportunities for all citizens, and enhancing safeguards for the society’s vulnerable. He was speaking at Sterling Asset Management Limited’s annual investor briefing at the Spanish Court Hotel, New Kingston, on June 7. Dr. Clarke noted that economic independence means...
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Finance and Public Service Minister, Dr. the Hon. Nigel Clarke (left), in discussion with Sterling Asset Management Limited’s Managing Director, Charles Ross, at the firm’s annual investor briefing, held at the Spanish Court Hotel, New Kingston, on Thursday (June 7).
Finance & Public Service

Procurement Commission to be Established by Year End

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, has announced that a Procurement Commission is to be established by year end. Speaking at Sterling Asset Management Limited’s annual investor forum briefing, at the Spanish Court Hotel, New Kingston, on June 7, the Minister said the Commission will oversee the government procurement process, for which the existing regime...
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Executive Director for the Public Investment Management Secretariat (PIMSEC), Douglas Levermore, speaking at a recent Jamaica Information Service (JIS) Think Tank at the Agency’s head office in Kingston.
Finance & Public Service

Over 100 Project Managers Trained in Gov’t’s Public Investment Management System

More than 100 project managers across various government ministries, departments and agencies (MDAs) have, so far, been trained in the use of the Public Sector Investment Management System (PIMS). Speaking at a recent Jamaica Information Service (JIS) Think Tank at the Agency’s head office in Kingston, Executive Director for the Public Investment Management Secretariat (PIMSEC), Douglas Levermore, said training is...
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