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Prime Minister, the Most Hon. Andrew Holness (2nd left), addresses journalists during the Government of Jamaica (GOJ)/International Monetary Fund (IMF) joint press conference for the country
Prime Minister, the Most Hon. Andrew Holness (2nd left), addresses journalists during the Government of Jamaica (GOJ)/International Monetary Fund (IMF) joint press conference for the country's second review under the three-year IMF Precautionary Stand-by Arrangement. The press conference was held at the Office of the Prime Minister on Thursday, September 14. Others (from left) are Head of the IMF Mission to Jamaica, which conducted the review, Dr. Uma Ramakrishnan; Finance and the Public Service Minister, Hon. Audley Shaw; and Bank of Jamaica Governor, Brian Wynter.

Economic and Structural Reforms Must be Expedited – PM

Prime Minister, the Most Hon. Andrew Holness, has underscored the need for the Government’s programme of economic and structural reforms, now under way, to be expedited. This, he said, is imperative if Jamaica is to achieve economic independence and reduce...
Group Chief Executive Officer of Jamaica Money Market Brokers (JMMB), and Co-Chairman of the Economic Programme Oversight Committee (EPOC), Keith Duncan, addresses the Mico University College Alumni Association (MOSA) Gold Medal Awards, held on September 16, at the Jamaica Pegasus Hotel, in New Kingston.
Group Chief Executive Officer of Jamaica Money Market Brokers (JMMB), and Co-Chairman of the Economic Programme Oversight Committee (EPOC), Keith Duncan, addresses the Mico University College Alumni Association (MOSA) Gold Medal Awards, held on September 16, at the Jamaica Pegasus Hotel, in New Kingston.

Trade Unions Urged to Modify Wage Claims
Finance and the Public Service Minister, Hon. Audley Shaw. (FILE)
Finance and the Public Service Minister, Hon. Audley Shaw. (FILE)

Working Group on Pension Reform to be Established
Minister of Finance and the Public Sector, Hon. Audley Shaw (third left), share a tomato with Member of Parliament for South East St. Ann, Lisa Hanna (second left) at the Schwallenburgh Greenhouse Cluster and Water Harvesting Project in Rio Hoe, St. Ann on September 15. Observing from left are: State Minister in the Ministry of Finance and the Public Service, Hon. Fayval Williams and Executive Director of the Jamaica Bauxite Institute, Parris A. Lyew-Ayee.
Minister of Finance and the Public Sector, Hon. Audley Shaw (third left), share a tomato with Member of Parliament for South East St. Ann, Lisa Hanna (second left) at the Schwallenburgh Greenhouse Cluster and Water Harvesting Project in Rio Hoe, St. Ann on September 15. Observing from left are: State Minister in the Ministry of Finance and the Public Service, Hon. Fayval Williams and Executive Director of the Jamaica Bauxite Institute, Parris A. Lyew-Ayee.

Farmers Have Technology to Produce Quality Crops for Local and International Markets
Prime Minister, the Most Hon. Andrew Holness (centre), and Finance and the Public Service Minister, Hon. Audley Shaw (right), listen as Head of the International Monetary Fund (IMF) Mission Team to Jamaica, Dr. Uma Ramakrishnan, outlines details of the second review conducted under the IMF
Prime Minister, the Most Hon. Andrew Holness (centre), and Finance and the Public Service Minister, Hon. Audley Shaw (right), listen as Head of the International Monetary Fund (IMF) Mission Team to Jamaica, Dr. Uma Ramakrishnan, outlines details of the second review conducted under the IMF's three-year Precautionary Stand-by Arrangement. She was speaking during the joint Government of Jamaica/IMF press conference at the Office of the Prime Minister on Thursday, September 14.

Jamaica Achieves all Targets in IMF Review

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Minister of Education, Youth and Information, Senator the Hon. Ruel Reid, addresses post-Cabinet press briefing at Jamaica House on September 13.
Finance & Public Service

Cabinet Approves Revised Budget to Complete FINSAC Report

Cabinet has given approval for a revised budget of $58.3 million for the completion of the Financial Sector Adjustment Company (FINSAC) Commission of Enquiry Report. Making the disclosure at yesterday’s (September 13) post-Cabinet press briefing at Jamaica House, Minister of Education, Youth and Information, Senator the Hon. Ruel Reid, said approval was also granted for a recommendation to the Governor-General...
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Minister of Education, Youth and Information, Senator the Hon. Ruel Reid, addresses Wednesday’s (September 13) post-Cabinet press briefing at Jamaica House.
Finance & Public Service

One, 10 and 25 Cent Coins to be Withdrawn from Circulation

Cabinet has approved a proposal to withdraw the one-cent, 10-cent and 25-cent coins from circulation. Making the announcement at today’s (September 13) post-Cabinet press briefing, Minister of Education, Youth and Information, Senator the Hon. Ruel Reid said the move is pursuant to subsections 16 (1) and 16 (3) of the Bank of Jamaica Act. He said the coin denominations that...
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Finance & Public Service

World Bank Group Executive Directors to Visit Jamaica

Eleven members of the World Bank Group (WBG) Board of Executive Directors will pay a two-day visit to Jamaica from Thursday (September 14) to Saturday, (September 16). The delegation, representing 98 member countries from the Caribbean, Latin America, North America, Europe, Africa, Middle East, Asia, and the Pacific, will discuss Jamaica’s development priorities, emerging opportunities and challenges. They will also...
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Finance & Public Service

World Bank Group Executive Directors to Make Two-Day Visit to Jamaica

Eleven members of the World Bank Group’s (WBG) Board of Executive Directors, representing 98 member countries from the Caribbean, Latin America, North America, Europe, Africa, Middle East, Asia, and the Pacific, will undertake a two-day visit to Jamaica. The delegation will discuss Jamaica’s development priorities, emerging opportunities and challenges, as well as WBG engagement in support of the country’s efforts...
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Finance and Public Service Minister, Hon. Audley Shaw (left), and Inter-American Development Bank (IDB) Executive Vice President, Julie Katzman, sign a J$2.56-billion (US$20-million) IDB loan agreement formalising additional funding support for the Government’s Credit Enhancement Facility for micro, small and medium-sized enterprises (MSMEs). The signing took place at the Ministry’s offices in Kingston on September 6.
Finance & Public Service

More Funds Available for MSMEs

The Government’s Credit Enhancement Facility (CEF) for micro, small and medium-size enterprises (MSMEs) has been significantly boosted by a J$2.56-billion (US$20-million) loan from the Inter-American Development Bank (IDB). The provision has increased the CEF’s funds, which are managed by the Development Bank of Jamaica (DBJ), to $3.01 billion, up from some $450 million. This now enables the DBJ to provide...
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Activities at bauxite mining and alumina production facilities.
CommerceFinance & Public Service

Timely Implementation of Key Capital Projects Pivotal – PIOJ Head

Timely implementation of key capital projects and reforms by the Government and other stakeholders will be pivotal to the country’s achieving projected growth of between two to three per cent for the 2017/18 fiscal year, and higher out-turns over the medium term. This was emphasised by Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, at the...
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Minister of Finance and the Public Service, Hon. Audley Shaw (left) greets a scholarship recipient, Alyssa Boothe (right), at the Betting, Gaming & Lotteries Commission Education Fund Meet and Greet at the Commission’s Head Office on August 30. Looking on are scholarship recipients Brittney Walters (2nd left) and Glason O’Connor (3rd left).
Finance & Public Service

Finance Minister wants Self-Financing Public Bodies to Provide Scholarships

Minister of Finance and the Public Service, Hon. Audley Shaw, says he will be recommending the institution of a policy that will encourage self-financing public bodies to establish scholarship funds for the nation’s students. “If every self-financing public body were to take on this project, it would be a great addition to the educational plant in Jamaica,” he contended. Minister...
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