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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 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...

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

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).

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 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.

8 years ago Finance & Public Service

Robust Use of Public Investment Management System

Approximately 130 projects have been dealt with through the Public Investment Management System (PIMS) under the Ministry of Finance and the Public Service since its implementation in 2014. The web-based system screens project proposals from Ministries, Departments and Agencies (MDAs) to ensure that they are feasible and align with the development objectives of the country. The aim is to strengthen...

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’.

8 years ago 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...

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’.

8 years ago 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...

8 years ago 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...

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).

8 years ago 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...

8 years ago 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...

Bank of Jamaica (BOJ) Governor, Brian Wynte. (File)

8 years ago 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...