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Economic Programme Oversight Committee (EPOC) Co-Chairman, Keith Duncan, addressing journalists during EPOC’s quarterly media briefing at Jamaica Money Market Brokers Limited’s (JMMB) corporate offices in Kingston on Wednesday (October 17).

Jamaica Expected to Pass Fourth Review Under IMF Standby Agreement

Economic Programme Oversight Committee (EPOC) Co-Chairman, Keith Duncan, anticipates that the International Monetary Fund’s (IMF) Executive Board will ratify Jamaica’s fourth review under the IMF’s Precautionary Standby Arrangement (PSBA), when its members meet for deliberations on November 5. Mr. Duncan...

Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, addresses stakeholders at the Caribbean MicroFinance Alliance Forum held at the Hyatt Ziva Montego Bay on Thursday (October 11).

Microlenders Encouraged to Lower Interest Rates on Loans

Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams.

HR Shared Services by End of Financial Year

Senior Director, Employee Relations and Benefits Unit, Ministry of Finance and the Public Service, Peter Morris (2nd left), joins other staff members of the Finance Ministry for a mini-exercise session at the official launch of the inaugural charity walk/run being staged for Civil Service Week (CSW) 2018 at the Ministry's National Heroes Circle offices in Kingston on Monday (Oct. 8).

Sophie’s Place and St. Anthony’s Children’s Home to Benefit from Civil Service Week 5k

Prime Minister, the Most Hon. Andrew Holness, addresses a conference of Executive Management, Heads of Mission and Consular posts, at The Jamaica Pegasus hotel in New Kingston on October 9.

Jamaica Could be in First Cohort to be Measured in World Bank Group’s Human Capital Index

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke (left), is greeted by President, Rotary Club of Kingston, Linval Freeman, at the club

7 years ago Finance & Public Service

Microcredit Act to Be Tabled Next Financial Year

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says the proposed Microcredit Act will be tabled in the Houses of Parliament in the next financial year, 2019/20. “Certainly, I am hoping for the first half of the next financial year that the Microcredit Act will be tabled and debated,” he said. Dr. Clarke was speaking at the...

Lead Economist at the Inter-American Development Bank (IDB), Dr. Henry Mooney, converses with President of the Business Process Industry Association of Jamaica (BPIAJ), Gloria Henry, prior to the start of the association’s

7 years ago Economic Growth & Infrastructure DevelopmentFinance & Public Service

IDB Official Praises Strong Economic Progress

The Inter-American Development Bank (IDB) says Jamaica continues to make strong economic progress, with the country’s economy poised to generate continued growth. According to the Lead Economist at the organisation, Dr. Henry Mooney, the significant strides made by the Government over the last few years have ensured macroeconomic stability and fiscal sustainability, and facilitated economic expansion. He was speaking Thursday...

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.

7 years ago Finance & Public Service

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 has been increased from $773.68 billion to $791.11 billion. Recurrent (housekeeping) expenses have moved from $560.04 billion to $572.46 billion,...

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).

7 years ago Finance & Public Service

Jamaica Seeks to Increase Voice on Financial Matters in Caribbean

Minister without Portfolio in the Ministry of Finance and the Public Service, Hon. Fayval Williams, says Jamaica is taking steps to increase its voice in the Caribbean on matters relating to the financial sector. In that regard, Mrs. Williams is to head a Jamaican delegation to the Caribbean Financial Action Task Force (CFATF) to accelerate the country’s representation to the...

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.

7 years ago Finance & Public Service

BOJ Deputy Governor to Receive National Award

Livingstone Morrison’s 36 years of dedicated service to the Bank of Jamaica (BOJ), including his contribution to the reform of the nation’s payment systems has been singled out for recognition by the Government of Jamaica. He will receive the Order of Distinction (Commander Class) at the National Honours and Awards Ceremony to be held on National Heroes Day, October 15....

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke. (FILE)

7 years ago Finance & Public Service

Finance Minister Outlines Opportunities with Debt Reduction

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says that as Jamaica’s debt is reduced, more opportunities will become available, particularly for local private investments. Speaking at the Private Sector Organisation of Jamaica (PSOJ) annual economic forum held recently at The Jamaica Pegasus hotel in New Kingston, the Minister said developments associated with ongoing debt reduction and...

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.

7 years ago Finance & Public Service

Finance Ministry Awaits Draft Regulations for Appointment to Public Bodies

Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says the Ministry is awaiting the Chief Parliamentary Counsel’s (CPC) submission of draft regulations incorporating guidelines for the appointment of Boards of Public Bodies. “Before long, I expect the CPC to produce the first draft… and once we have that, it will be tabled in Parliament for an affirmative...