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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 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).

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...
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.
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.

Over 100 Project Managers Trained in Gov’t’s Public Investment Management System
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, addresses guests attending Montego Bay Chamber of Commerce and Industry’s quarterly business breakfast meeting, which was held at the Bellefield Great House, Montego Bay, St. James, on Thursday (June 7).
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, addresses guests attending Montego Bay Chamber of Commerce and Industry’s quarterly business breakfast meeting, which was held at the Bellefield Great House, Montego Bay, St. James, on Thursday (June 7).

Gov’t Taking Tangible Steps to Improve Public-Sector Governance
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (left), converses with Sterling Asset Management Limited’s Managing Director, Charles Ross, prior to the start of the firm’s annual investor briefing, held at the Spanish Court Hotel, New Kingston, on Thursday (June 7). Dr. Clarke was the keynote speaker.
Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (left), converses with Sterling Asset Management Limited’s Managing Director, Charles Ross, prior to the start of the firm’s annual investor briefing, held at the Spanish Court Hotel, New Kingston, on Thursday (June 7). Dr. Clarke was the keynote speaker.

Finance Minister Says Relationship with IMF Could End Sept. 2019
Executive Director of the Public Investment Management Secretariat (PIMSEC), Douglas Levermore, emphasises a point during a JIS Think Tank on May 30.
Executive Director of the Public Investment Management Secretariat (PIMSEC), Douglas Levermore, emphasises a point during a JIS Think Tank on May 30.

Robust Use of Public Investment Management System

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Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams (right), converses with NCB Insurance Company Limited’s (NCBIC) Managing Director and Chief Executive Officer, Vernon James, at the entity’s pension fund seminar, held at The Jamaica Pegasus hotel, New Kingston, on Tuesday (May 29). Mrs. Williams was the keynote speaker. The seminar was held under the theme: ‘Governance for Pension Funds: A Jamaican Perspective’.
Finance & Public Service

Minister Emphasises Importance of Sound Pension Governance

Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams, has emphasised the importance of sound pension governance in safeguarding the interest of persons saving for retirement. Speaking at NCB Insurance Company (NCBIC) Limited’s pension seminar, held at The Jamaica Pegasus hotel, New Kingston, on May 29, the Minister said pension schemes are pivotal in...
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Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams (second left), converses with (from left) NCB Insurance Company Limited (NCBIC) executives, Business Development Manager, Desmond Johnson, and Managing Director and Chief Executive Officer, Vernon James; and Jamaica Information Service Director for Human Resources, Bernita Locke, during NCBIC’s pension funds seminar at The Jamaica Pegasus hotel, New Kingston, on Tuesday (May 29). Mrs. Williams was the keynote speaker. The seminar was held under the theme ‘Governance for Pension Funds: A Jamaican Perspective’.
Finance & Public ServiceSocial Security

Private Pensions Industry Can Drive Higher Levels of Growth – Minister Williams

Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams, says the local private pensions industry has the potential to spur higher levels of sustainable economic growth for Jamaica. With assets totalling approximately $521 billion as at December 2017, representing about 25 per cent of gross domestic product (GDP), Mrs. Williams argued that increased pension...
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Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams (second left), converses with (from left) NCB Insurance Company Limited (NCBIC) executives, Business Development Manager, Desmond Johnson, and Managing Director and Chief Executive Officer, Vernon James; and Jamaica Information Service Director for Human Resources, Bernita Locke, during NCBIC’s pension funds seminar at The Jamaica Pegasus hotel, New Kingston, on Tuesday (May 29). Mrs. Williams was the keynote speaker. The seminar was held under the theme ‘Governance for Pension Funds: A Jamaican Perspective’.
Finance & Public Service

Government to Proceed With Phase Two Reforms of Pensions Act This Year

Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams, says the Government plans to proceed with phase two reforms to the Pensions Act and the attendant regulations, during the 2018/19 fiscal year. She made the announcement while addressing NCB Insurance Company Limited’s pension funds seminar, which was held at The Jamaica Pegasus hotel, New...
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Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams (left), is in discussion with Chief Technical Director of the Financial Investigations Division (FID), Robin Sykes. Occasion was the 15th anniversary celebration of the FID at the University of the West Indies (UWI) Mona Visitors’ Lodge on Tuesday (May 22).
Finance & Public Service

FID Keeping Financial System Safe and Sound – Minister Williams

Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams, is commending the Financial Investigations Division (FID) on its work over the past 15 years in deterring the use of Jamaica’s economy for money laundering and other financial crimes. She said that the entity is “ensuring that the country’s financial system remains safe and sound...
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Finance & Public Service

Government Settles All Judgement Debts

The Government has settled all judgement debts due at the end of the 2017/18 fiscal year, made possible through a provision of $1.309 billion from the Ministry of Finance and the Public Service. Minister of Justice, Hon. Delroy Chuck, who made the announcement during his contribution to the 2018/19 Sectoral Debate in the House of Representatives on May 22, said...
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Bank of Jamaica (BOJ) Governor, Brian Wynte. (File)
Finance & Public Service

BOJ Governor Reports Low Inflation in April

Bank of Jamaica (BOJ) Governor, Brian Wynter, says the 3.2 per cent rate of inflation recorded for April 2018, fell below the BOJ’s target range of four to six per cent. Additionally, he said it was lower than the 3.9 per cent out-turn for March 2018, and the 5.2 per cent recorded for December 2017, as reported by the Statistical...
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Bank of Jamaica (BOJ) Governor, Brian Wynter, emphasises a point while addressing journalists at Monday’s (May 21) quarterly media briefing, at the BOJ Auditorium, downtown Kingston.
Finance & Public Service

BOJ Says Macroeconomic Indicators Continue to Improve

Bank of Jamaica (BOJ) Governor, Brian Wynter, says Jamaica’s overall macro-economic indicators continue to improve. Speaking at the bank’s quarterly media briefing at the BOJ Auditorium, downtown Kingston, on Monday (May 21), the Governor pointed out that inflation is low, the net international reserves (NIR) is increasing and the balance of payments, while projected to “widen somewhat” will remain at...
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