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Planning Institute of Jamaica Director General, Dr. Wayne Henry. (FILE)
Planning Institute of Jamaica Director General, Dr. Wayne Henry. (FILE)

PIOJ Reports Growth of Economy

The Planning Institute of Jamaica (PIOJ) is reporting that the country grew by an estimated 0.3 per cent for the April to June 2017 quarter. It has also noted that the country has now recorded 10 consecutive quarters of positive...
Finance and the Public Service Minister, Hon. Audley Shaw (right), addresses a press conference at his Ministry at the National Heroes Circle in Kingston on August 25. At left is State Minister in the Ministry, Hon. Rudyard Spencer
Finance and the Public Service Minister, Hon. Audley Shaw (right), addresses a press conference at his Ministry at the National Heroes Circle in Kingston on August 25. At left is State Minister in the Ministry, Hon. Rudyard Spencer

Debt on Downward Trajectory
Finance and the Public Service Minister, Hon. Audley Shaw (right), makes a point at a press conference, held at the Ministry at National Heroes Circle in Kingston on August 25. At left is State Minister in the Ministry, Hon. Rudyard Spencer.
Finance and the Public Service Minister, Hon. Audley Shaw (right), makes a point at a press conference, held at the Ministry at National Heroes Circle in Kingston on August 25. At left is State Minister in the Ministry, Hon. Rudyard Spencer.

Shaw Named Finance Minister of the Year
Bank of Jamaica (BOJ) Governor, Brian Wynter (left), addresses the media at the Bank’s Quarterly Press Briefing, at its headquarters in downtown Kingston on August 16. Others (from second left) are Senior Deputy Governor, John Robinson; Deputy Governor of Financial Institutions, Supervisory Division, Maurene Simms; and Deputy Governor, Administration and Technical Services, Finance and Technology and Payment System and Risk Management, Livingstone Morrison.
Bank of Jamaica (BOJ) Governor, Brian Wynter (left), addresses the media at the Bank’s Quarterly Press Briefing, at its headquarters in downtown Kingston on August 16. Others (from second left) are Senior Deputy Governor, John Robinson; Deputy Governor of Financial Institutions, Supervisory Division, Maurene Simms; and Deputy Governor, Administration and Technical Services, Finance and Technology and Payment System and Risk Management, Livingstone Morrison.

April to June Quarter Records 4.4% Inflation
State Minister in the Ministry of Finance and the Public Service, Hon. Rudyard Spencer (right), emphasises a point to Deputy Financial Secretary in charge of the Ministry’s Strategic Human Resource Management Division, Wayne Jones (left), during a ministerial and trade unions forum at The Knutsford Court Hotel in New Kingston on Wednesday, July 26. Listening (from 2nd left) are: Nurses Association of Jamaica President, Janett Coore-Farr; President, Association of Government Medical Practitioners, Dr. Konrad Lawson; and President, Union of Clerical, Administrative and Supervisory Employees, Vincent Morrison.
State Minister in the Ministry of Finance and the Public Service, Hon. Rudyard Spencer (right), emphasises a point to Deputy Financial Secretary in charge of the Ministry’s Strategic Human Resource Management Division, Wayne Jones (left), during a ministerial and trade unions forum at The Knutsford Court Hotel in New Kingston on Wednesday, July 26. Listening (from 2nd left) are: Nurses Association of Jamaica President, Janett Coore-Farr; President, Association of Government Medical Practitioners, Dr. Konrad Lawson; and President, Union of Clerical, Administrative and Supervisory Employees, Vincent Morrison.

Gov’t Looking To Implement New Wage Negotiations Framework for 2017/19

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Finance & Public Service

BOJ Building Awareness on Cryptocurrency

Deputy Governor of the Bank of Jamaica (BOJ), Livingstone Morrison, says the central bank must create opportunities for the exploitation of certain technologies, including cryptocurrency. Informing that this is an area the Bank is exploring, Mr. Morrison pointed out that such technologies should not pose undue risk to the local financial system. Presently, Mr. Morrison informed that the Bank has...
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Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams.
Finance & Public Service

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 the share buyback option. These are the Transfer Tax (Amendment) Act, the Income Tax (Amendment) Act and the Stamp Duty...
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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.
Finance & Public Service

JSE to Launch Social Enterprise Exchange

The Diaspora’s support is being lobbied for the Jamaica Stock Exchange Social Enterprise Exchange (JAMSIIX), which is slated to be launched in 2018. The engagement is an initiative of the Jamaica Stock Exchange (JSE), which aims to provide funding support for local Social Business Enterprises (SBEs). Deputy General Manager, Robin Levy, extended the invitation to delegates attending the Jamaica 55...
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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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Minister of Finance and the Public Service, Hon. Audley Shaw, addresses the House of Representatives on July 18.
Finance & Public Service

House Approves Withdrawal of Funds from CDF

The House of Representatives has approved the withdrawal of $715.687 million from the Capital Development Fund (CDF), to provide budgetary support to the Jamaica Bauxite Institute (JBI), among other things. Minister of Finance and the Public Service, Hon. Audley Shaw, who moved the Withdrawal Order in the House on July 18, said the JBI is to receive $223 million in...
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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.
Finance & Public Service

Senior Public Sector Managers Urged to Make Leadership Development a Priority

Participants attending the two-day Management Institute for National Development (MIND) conference have been urged to make leadership development a priority. The charge was issued by Acting Financial Secretary in the Ministry of Finance and the Public Service, Everton McFarlane, at the opening of the Regional Public Sector Leadership Development conference, at the Jamaica Pegasus Hotel, on January 19. The conference...
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