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Leader of Government Business in the Senate and Minister of Foreign Affairs and Foreign Trade, Hon. Kamina Johnson Smith, addresses the Senate on July 13.

Procurement Regulations Passed in Senate

The Public Procurement Regulations 2018 and the Public Procurement (Reconsideration and Review) Regulations were approved by members of the Senate on July 13. Leader of Government Business in the Senate, Hon. Kamina Johnson Smith, said a third, the Public Procurement...

Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams (second right), is presented with a copy of a World Bank Report, titled ‘Advancing Disaster Risk Finance in Jamaica’, by World Bank Country Manager for Jamaica, Galina Sotirova (second left). Also pictured (from left) are Acting Financial Secretary in the Finance Ministry, Darlene Morrison; and Disaster Risk Management Specialists, Rashmin Gunasekera and Mary Royer. Occasion was the official launch of the Report during a ceremony at The Jamaica Pegasus hotel in New Kingston on Monday (July 16). The document outlines recommendations for the formulation of a country-specific comprehensive disaster risk finance (DRF) strategy for Jamaica.

World Bank Report Says Jamaica Needs $16 Billion Annually to Deal With Disasters

Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams, addresses yesterday’s (July 11) post-Cabinet press briefing at Jamaica House.

Economy Grew 1.4 % in January to March Quarter

Prime Minister Andrew Holness (right) held bilateral discussions with His Excellency Miguel Diaz-Canel Bermudez, President of the Republic of Cuba this morning (July 5) at the Montego Bay Convention Centre.

Jamaica and Cuba Hold Bilateral Discussions

Attorney General, Hon. Marlene Malahoo Forte.

More Than $462 Million Approved for Judgement Debt Payments

8 years ago Finance & Public Service

Cabinet Approves Members of PIMC

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...

8 years ago Finance & Public Service

Finance Ministry Staff Take Boots to the Streets of Harbour View

The Ministry of Finance and the Public Service will take its community sensitisation initiative dubbed ‘Boots to the Street’ to the Harbour View community in St. Andrew on Thursday (July 5). Boots to the Street was developed by the Ministry’s Communication and Public Relations Unit to engage citizens across the island in an effort to raise awareness about the work...

Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams (second right), greets Sagicor Group Jamaica Limited President and Chief Executive Officer, Christopher Zacca, during Tuesday’s (July 3) launch of the 2018 Public Bodies’ Corporate Governance Awards at the Private Sector Organisation of Jamaica (PSOJ) head office, Hope Road, Kingston. Mrs. Williams was the keynote speaker. Others (from left) are PSOJ Chief Executive Officer, Jennifer McDonald, and Vice President, Dennis Cohen; and Chair, PSOJ Corporate Governance Committee, Greta Bogues.

8 years ago Finance & Public Service

New Guidelines for the Appointment of Public Boards

Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams, says the Government will be taking steps to enact proposed new guidelines for the appointment of Boards of public bodies. The guidelines are in keeping with the Administration’s undertaking to further strengthen the corporate governance framework of statutory bodies, in order to improve accountability and...

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.

8 years ago Finance & Public Service

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 for the Caribbean Leadership Project (CLP), at The Jamaica Pegasus hotel in New Kingston on June 28, Dr. Clarke informed...

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.

8 years ago Finance & Public Service

BOJ Facilitating Access to Financial Services

The Bank of Jamaica (BOJ) is facilitating access to financial services for underserved consumers through the promotion and use of digital payments. Deputy Governor, Livingston Morrison, said that the move is in keeping with the Government’s thrust towards making Jamaica a digital economy, and is also part of the National Financial Inclusion Strategy. He was speaking at the opening of...

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.

8 years ago Economic Growth & Infrastructure DevelopmentFinance & Public Service

Minimum Wage to Move to $7,000 per Week

Minister of Labour and Social Security, Hon. Shahine Robinson, has announced a 12.9 per cent increase in the national minimum wage from $6,200 to $7,000 per week. In addition, security guards will receive $9,700 up from $8,854 per week, reflecting a 9.6 per cent increase. The new rates take effect August 1, 2018. Mrs. Robinson, who made the announcements in...

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.

8 years ago Finance & Public Service

Multi-Stakeholder Acceptance of Fiscal Council Will Be Key – Finance Minister

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says multi-stakeholder acceptance and ownership of Jamaica’s proposed independent Fiscal Council will be key to its success. Fiscal councils are permanent, independent, non-partisan institutions that are created by legislation and staffed by competent, experienced and technically proficient persons who help to promote economically sustainable fiscal policies across political cycles....