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Finance and the Public Service Minister, Hon. Audley Shaw (left), speaks with Young Entrepreneurs Association of Jamaica (YEA) President, Ricardo James, at a policy proposal forum staged by the association on April 12 at the Jamaica Promotions Corporation (JAMPRO) headquarters in New Kingston.
Finance and the Public Service Minister, Hon. Audley Shaw (left), speaks with Young Entrepreneurs Association of Jamaica (YEA) President, Ricardo James, at a policy proposal forum staged by the association on April 12 at the Jamaica Promotions Corporation (JAMPRO) headquarters in New Kingston.

Minister Shaw Looks to Reduce Time Frame for Gov’t Access to Dormant Bank Accounts

Minister of Finance and the Public Service, Hon. Audley Shaw, is looking at reducing the time frame for Government to have access to dormant bank accounts. Billions of dollars remain unclaimed in local financial institutions. Under the Banking Act, money...
Finance and the Public Service Minister, Hon. Audley Shaw (left), greets Japan’s Ambassador to Jamaica, Ambassador Masanori Nakano, during Wednesday’s (April 12), signing ceremony for the implementation of a $348.9 million (¥300 million/US$2.7 million) grant-funded three-year ‘Project to Promote Energy Efficiency in Caribbean Countries’ at the Ministry’s offices in Kingston.
Finance and the Public Service Minister, Hon. Audley Shaw (left), greets Japan’s Ambassador to Jamaica, Ambassador Masanori Nakano, during Wednesday’s (April 12), signing ceremony for the implementation of a $348.9 million (¥300 million/US$2.7 million) grant-funded three-year ‘Project to Promote Energy Efficiency in Caribbean Countries’ at the Ministry’s offices in Kingston.

More Than 50% of Electricity Demand to be Supplied by Renewables
Finance and the Public Service Minister, Hon. Audley Shaw (left), speaks with Young Entrepreneurs Association of Jamaica (YEA) President, Ricardo James, at a policy proposal forum staged by the association on April 12 at the Jamaica Promotions Corporation (JAMPRO) headquarters in New Kingston.
Finance and the Public Service Minister, Hon. Audley Shaw (left), speaks with Young Entrepreneurs Association of Jamaica (YEA) President, Ricardo James, at a policy proposal forum staged by the association on April 12 at the Jamaica Promotions Corporation (JAMPRO) headquarters in New Kingston.

Minister Shaw Looks to Reduce Time Frame for Gov’t Access to Dormant Bank Accounts
Finance and the Public Service Minister, Hon. Audley Shaw.
Finance and the Public Service Minister, Hon. Audley Shaw.

Work to be Completed Soon on Merger for Gaming Commission
Finance and the Public Service Minister, Hon. Audley Shaw (left), and Japan International Cooperation Agency (JICA) Resident Representative in Jamaica, Kenji Tobita (2nd right), sign the Record of Discussions documents that will facilitate implementation of the J$348.9-million (¥300-million/US$2.7-million) grant-funded three-year ‘Project to Promote Energy Efficiency in Caribbean Countries’. The signing took place at the Ministry’s National Heroes Circle offices in Kingston on Wednesday, April 12. Looking on (from second left) are Japan’s Ambassador to Jamaica, His Excellency, Ambassador Masanori Nakano; and Group Managing Director for the Petroleum Corporation of Jamaica, which will implement the project, Winston Watson.
Finance and the Public Service Minister, Hon. Audley Shaw (left), and Japan International Cooperation Agency (JICA) Resident Representative in Jamaica, Kenji Tobita (2nd right), sign the Record of Discussions documents that will facilitate implementation of the J$348.9-million (¥300-million/US$2.7-million) grant-funded three-year ‘Project to Promote Energy Efficiency in Caribbean Countries’. The signing took place at the Ministry’s National Heroes Circle offices in Kingston on Wednesday, April 12. Looking on (from second left) are Japan’s Ambassador to Jamaica, His Excellency, Ambassador Masanori Nakano; and Group Managing Director for the Petroleum Corporation of Jamaica, which will implement the project, Winston Watson.

Jamaica to Benefit from Japan-Funded Energy Project

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Finance & Public Service

Government to Roll Out Human Capital Enterprise Management System

The Government is in the process of rolling out the Human Capital Enterprise Management System to enable the automation of the administrative functions of human resource (HR) management. State Minister in the Ministry of Finance and the Public Service, Hon. Rudyard Spencer, gave details of the move in his contribution to the 2017/18 Sectoral Debate in the House of Representatives...
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Finance & Public Service

Work Advanced to Develop Public-Sector Compensation Policy

Minister of State in the Ministry of Finance and the Public Service, Hon. Rudyard Spencer, says the Ministry is far advanced in its work to review current practices regarding public-sector compensation and develop a Compensation Policy. Mr. Spencer, who was making his Sectoral Debate presentation in the House of Representatives on April 11, said the process will be instrumental in...
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Finance and the Public Service Minister, Hon. Audley Shaw. (FILE)
Finance & Public Service

Reduction in Property Taxes

Minister of Finance and the Public Service, Hon. Audley Shaw, has announced a reduction in the property tax rates. Speaking in the House of Representatives, today (April 11), Mr. Shaw said the Government has listened to the concerns expressed by some quarters in the society who felt that the additional taxes were too much over a short time. The Government...
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Newly appointed World Bank Caribbean Country Director, Tahseen Sayed.
DevelopmentFinance & Public ServiceVision 2030

World Bank Country Director Cites Critical Areas for Growth

Newly appointed World Bank Caribbean Country Director, Tahseen Sayed, has cited three areas which she says are pivotal to Jamaica’s attainment of developed country status, in keeping with the Vision 2030 National Development Plan. These are maintaining macroeconomic stability; public-sector modernisation; and repositioning of the private sector as the key driver of economic growth. She was speaking with journalists during...
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Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams (centre), in discussion with Immediate Past President of the Jamaica Association of Private Pharmacy Owners (JAPPO), Stephen Delapenha (left). Also pictured is Chairman of the Pharmacy Council of Jamaica (PCJ), Dr. Norman Dunn. Occasion was the inaugural Retail Pharmacy Business Conference at The Jamaica Pegasus in New Kingston on Sunday (April 9). The conference was staged by JAPPO under the theme ‘Opportunities and Threats: Retail Pharmacy’.
Finance & Public Service

Finance State Minister Invites Pharmacists to Meeting

Minister of State in the Ministry of Finance, Hon. Fayval Williams, has invited a delegation of pharmacists to discuss pressing concerns with Ministry personnel. This, she said, would allow the Government to have a better understanding of the challenges industry players are facing. “It’s incumbent on Government to listen to persons, listen to the issues and try to do the...
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Newly appointed World bank Caribbean Country Director, Tahseen Sayed.
Finance & Public Service

World Bank Technical Team Coming

A World Bank technical team is coming to Jamaica for discussions with the Government on the extent of assistance which the multilateral institution can provide in developing the Housing, Opportunity, Production and Employment (HOPE) initiative that was recently announced by Prime Minister, the Most Hon. Andrew Holness. This was disclosed by the Bank’s newly appointed Caribbean Country Director, Tahseen Sayed,...
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Finance and the Public Service Minister, Hon. Audley Shaw (2nd left), and Japan’s Ambassador to Jamaica, His Excellency Masanori Nakano (2nd right), display signed copies of a grant agreement for the provision of J$1.6 billion (¥1.39 billion/US$12.58 million) by the Government of Japan to fund the implementation of Jamaica’s ‘Improvement of Emergency Communication System Project’. The signing took place at the Ministry’s National Heroes Circle offices in Kingston on Thursday, April 6. The project will be implemented by the Office of Disaster Preparedness and Emergency Management (ODPEM). Looking on (from left) are: Local Government and Community Development Minister, Hon. Desmond McKenzie, who has portfolio responsibility for ODPEM; and Japan International Cooperation Agency (JICA) Resident Representative in Jamaica, Kenji Tobita. In the background is the Ministry’s Senior Director for Negotiations, Nadine James.
Finance & Public ServiceForeign AffairsLocal GovernmentVision 2030

Japan Provides $1.6-Billion Grant to Boost Disaster Communication

Jamaica’s communication capability before, during and after disasters is being significantly boosted through a J$1.6-billion (¥1.39-billion/US$12.58-million) grant from the Government of Japan. The provision, to be disbursed to the Government of Jamaica over four years, will be used to purchase and procure equipment and other inputs to implement the ‘Improvement of Emergency Communication System Project’. It was facilitated through negotiations...
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