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Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams.
Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams.

Laws Amended for Companies to Repurchase Shares

Companies listed on the Jamaica Stock Exchange (JSE) will soon have the option to repurchase their shares tax free. This follows the passage of three Bills which are being amended to allow for a tax exemption for listed companies using...
Jamaica Stock Exchange (JSE) Deputy General Manager, Robin Levy, outlining details about the JSE Social Enterprise Exchange (JAMSIIX). He was speaking during the Jamaica 55 Diaspora Conference at the Jamaica Conference Centre, downtown Kingston, on Wednesday, July 26.
Jamaica Stock Exchange (JSE) Deputy General Manager, Robin Levy, outlining details about the JSE Social Enterprise Exchange (JAMSIIX). He was speaking during the Jamaica 55 Diaspora Conference at the Jamaica Conference Centre, downtown Kingston, on Wednesday, July 26.

JSE to Launch Social Enterprise Exchange
Minister of Finance and the Public Service, Hon. Audley Shaw, addresses the House of Representatives on July 18.
Minister of Finance and the Public Service, Hon. Audley Shaw, addresses the House of Representatives on July 18.

House Approves Withdrawal of Funds from CDF
Chief Executive Officer of the Management Institute for National Development (MIND), Dr. Ruby Brown (right), makes a point to Acting Financial Secretary at the Ministry of Finance and the Public Service, Everton McFarlane, at the opening of the MIND Conference at The Jamaica Pegasus hotel, on July 19.
Chief Executive Officer of the Management Institute for National Development (MIND), Dr. Ruby Brown (right), makes a point to Acting Financial Secretary at the Ministry of Finance and the Public Service, Everton McFarlane, at the opening of the MIND Conference at The Jamaica Pegasus hotel, on July 19.

Senior Public Sector Managers Urged to Make Leadership Development a Priority
State Minister in the Ministry of Finance and the Public Service, Hon. Fayval Williams (2nd left), is briefed on details of the Statistical Institute of Jamaica’s National Strategy for the Development of Statistics (NSDS) by Director General, Carol Coy (2nd right), following the opening of a stakeholders’ training workshop at the Terra Nova Hotel in St. Andrew on Tuesday, July 18. Also listening are (from left): Regional Programme Coordinator, Asia-Pacific and Small Island Developing States, Partnership in Statistics for Development in the 21st Century (PARIS21), Millicent Gay Tejada; and United Nations Development Programme Deputy Resident Representative in Jamaica, Dr. Elsie Laurence Chounoune.
State Minister in the Ministry of Finance and the Public Service, Hon. Fayval Williams (2nd left), is briefed on details of the Statistical Institute of Jamaica’s National Strategy for the Development of Statistics (NSDS) by Director General, Carol Coy (2nd right), following the opening of a stakeholders’ training workshop at the Terra Nova Hotel in St. Andrew on Tuesday, July 18. Also listening are (from left): Regional Programme Coordinator, Asia-Pacific and Small Island Developing States, Partnership in Statistics for Development in the 21st Century (PARIS21), Millicent Gay Tejada; and United Nations Development Programme Deputy Resident Representative in Jamaica, Dr. Elsie Laurence Chounoune.

State Minister Welcomes Move to Establish National Statistics Framework

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AgricultureFinance & Public Service

MSME Operators Urged To Embrace Technology

Minister of Finance and the Public Service, Hon. Audley Shaw, is urging operators to Micro, Small and Medium-sized Enterprises (MSME)  to take advantage of available technology to boost their business. “I don’t believe, certainly in our case in Jamaica that we are embracing technology enough. I don’t believe that our small and medium enterprises take enough advantage of information technology…It...
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Finance & Public Service

Merger Of Gaming Entities Has Commenced

Finance and Public Service Minister, Hon. Audley Shaw, says the merger of the island’s three State-run gaming agencies has commenced with the entities now in the process of moving into one building. The entities – the Betting, Gaming and Lotteries Commission (BGLC), Jamaica Racing Commission (JRC), and Casino Gaming Commission (CGC) – are being combined to form the new Jamaica...
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Finance and the Public Service Minister, Hon. Audley Shaw (right), is greeted by Chief Executive Officer (CEO) of Sygnus Capital Limited (SCL) Berisford Grey, at the launch of the company at the Porsche Centre in New Kingston on July 12.
Finance & Public Service

Overseas Investors Express Interest in Vernamfield Development

Finance and the Public Service Minister, Hon. Audley Shaw, said that three major international investors have expressed interest in the development of the Vernamfield Airfield in Clarendon into an aerotropolis. He said the investors – two from China and the other from Europe – have indicated that they are willing to invest between US$2 billion and US$3 billion in the...
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Minister of Finance and the Public Service, Hon. Audley Shaw, addresses the House of Representatives. (FILE)
Finance & Public Service

Legislation Passed For TEF, JCAA and CHASE Money to be Put in Consolidated Fund

Legislation was passed in the House of Representatives on July 11, to allow for funds from the Tourism Enhancement Fund (TEF), the Jamaica Civil Aviation Authority (JCAA) and the Culture, Health, Arts, Sports and Education (CHASE) Fund to be placed in the Consolidated Fund. The Bills are the Betting, Gaming and Lotteries (Amendment) Act; the Civil Aviation (Amendment) Act; and...
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Minister of Finance and the Public Service, Hon. Audley Shaw (left), makes a presentation to Alicia Morgan Jarrett of the Trelawny Municipal Corporation in recognition of the local authority’s performance in the collection of property tax. Occasion was a luncheon at the Hilton Rose Hall Resort in St. James on July 7 for members of the all-island property tax collection team.
Finance & Public Service

Property Tax Collection Strong for First Quarter

Minister of Finance and the Public Service, Hon. Audley Shaw, is reporting an increase in property tax collections for the first quarter of 2017/18, with $3.7 billion garnered for April to June. The figure is $400 million higher than the $3.3 billion raked in for the similar period of 2016/17, when the county collected a record $7.62 billion in property...
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Minister of Finance and the Public Service, Hon. Audley Shaw, addresses the House of Representatives on June 28.
Finance & Public ServiceParliament

House Passes Bill to Allow Withdrawal from NHT

The Government is to continue withdrawing $11.4 billion annually from the National Housing Trust (NHT) to support the budget for the next four years. Legislation to effect this was passed in the House of Representatives on Wednesday (June 28). The National Housing Trust (Amendment) (Special Provisions) Bill was piloted by Minister of Finance and the Public Service, Hon. Audley Shaw....
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Finance & Public Service

DBJ Builds Capacity of Three University-Based Incubators

PRESS RELEASE - The Development Bank of Jamaica (DBJ), through its Jamaica Venture Capital Programme (JVCP), has announced that it is providing a programme of capacity building and technical assistance (CB-TC) to three university-based incubators over an 18-month period. The programme of intervention is multi-pronged and covers, a needs assessment, a ‘study tour’, the development of a strategic plan, and...
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