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Minister of Finance and the Public Service, Hon. Audley Shaw, speaking in the House of Representatives on Thursday (February 9) after tabling the 2017-18 Estimates of Expenditure.
Minister of Finance and the Public Service, Hon. Audley Shaw, speaking in the House of Representatives on Thursday (February 9) after tabling the 2017-18 Estimates of Expenditure.

Government Presents Budget of $710 Billion for 2017-18

The Government has presented a budget of $710 billion for the fiscal year 2017-18, with $485 billion allocated for recurrent (housekeeping) expenses and $225 billion for capital (development) spending. Details of the projections are outlined in the Estimates of Expenditure,...
Economic Programme Oversight Committee (EPOC) Co-Chair, Keith Duncan, displays a copy of the Public Sector Transformation Oversight Committee (P-STOC) report while addressing journalists during EPOC’s quarterly briefing at Jamaica Money Market Brokers Limited’s (JMMB) head office in New Kingston on Thursday, February 9.
Economic Programme Oversight Committee (EPOC) Co-Chair, Keith Duncan, displays a copy of the Public Sector Transformation Oversight Committee (P-STOC) report while addressing journalists during EPOC’s quarterly briefing at Jamaica Money Market Brokers Limited’s (JMMB) head office in New Kingston on Thursday, February 9.

Jamaica on Track to Meet IMF Targets
Finance and Public Service Minister, Hon. Audley Shaw, addressing Wednesday’s (February 8) Diplomatic Corps Ministerial briefing at The Jamaica Pegasus hotel in New Kingston. The briefing was part of activities organised by the Ministry of Foreign Affairs and Foreign Trade to mark Diplomatic Week 2017 from February 5 to 10 under the theme: ‘Growth through Partnerships’.
Finance and Public Service Minister, Hon. Audley Shaw, addressing Wednesday’s (February 8) Diplomatic Corps Ministerial briefing at The Jamaica Pegasus hotel in New Kingston. The briefing was part of activities organised by the Ministry of Foreign Affairs and Foreign Trade to mark Diplomatic Week 2017 from February 5 to 10 under the theme: ‘Growth through Partnerships’.

Minister Shaw to Sign Agreement with China’s Exim Bank for Highway Project
Client Services Manager at the Accountant General’s Department (AGD), Tanisha Weir Grant.
Client Services Manager at the Accountant General’s Department (AGD), Tanisha Weir Grant.

AGD Urges Civil Servants to Ensure Documents are Updated
Minister of Finance and the Public Service, Hon. Audley Shaw. (FILE)
Minister of Finance and the Public Service, Hon. Audley Shaw. (FILE)

House Approves Order for New Personal Income Tax Threshold

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In this file photo, Accountant General, Mrs. Carlene Murdoch (right), assists pensioners at her office in downtown Kingston. The Accountant General’s Department serves over 40,000 Government pensioners.
Finance & Public Service

AGD Improves Service to Pensioners

The Accountant General’s Department (AGD) has introduced a number of initiatives to improve service delivery to Government pensioners. Accountant General, Carlene Murdoch, told JIS News that the most recent initiative introduced late last year is a receipt system that helps to improve efficiency in processing pensioners’ life certificates and ensure the timely delivery of pensions. “We have found in the...
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Industry, Commerce, Agriculture and Fisheries Minister, Hon. Karl Samuda (left), speaks with General Manager of the Jamaica National Building Society (JNBS), Earl Jarrett (second left), at the second staging of the Social Enterprise Boost Initiative (SEBI) Summit 2017, organised by the JNBS Foundation, at The Jamaica Pegasus hotel in New Kingston, on January 30. Others (from third left) are: Mission Director of the United States Agency for International Development (USAID), Maura Barry-Doyle; and State Minister in the Finance and the Public Service Ministry, Hon. Fayval Williams.
Finance & Public Service

Role of Social Enterprises in Community Development being Explored

State Minister in the Finance and Public Service Ministry, Hon. Fayval Williams, says the Government is exploring the role of social enterprises in the development of vulnerable and crime-prone communities. Social enterprises refer to those businesses that trade to tackle social problems, improve communities, people’s life chances or the environment. They make their money from selling goods and services in...
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Prime Minister, the Most Hon. Andrew Holness (right), greets Managing Director of the United States-based investment and securities firm, Jefferies LLC, Gregory Fisher (2nd left), on arrival at The Jamaica Pegasus hotel in New Kingston on Tuesday (January 24), for the opening ceremony for the 12th Jamaica Stock Exchange (JSE) Regional Investments and Capital Markets Conference. Looking on (from left) are: JSE Chairman, Ian McNaughton; and The Jamaica Pegasus General Manager, Peter Hilary.
Finance & Public Service

US Investment and Securities Firm Lauds Jamaica’s Economic Programme

The positive results being recorded under Jamaica’s economic reform programme have been hailed by United States (US)-based investment and securities firm, Jefferies LLC. Managing Director of the entity, Gregory Fisher, in noting the achievements under the programme, including the fall in the inflation rate to a 64-year low, said “we now have a country that has finally grown past the...
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Minister of Finance and the Public Service, Hon. Audley Shaw, speaking on the Civil Service Establishment (General) Order, 2016, in the House of Representatives on January 24.
Finance & Public Service

Order Removes Vacant Posts at PICA

One hundred vacant posts are to be removed from the Passport, Immigration and Citizenship Agency (PICA). These are among 138 posts that were abolished across Ministries, Agencies and Departments, as stipulated in the Civil Service Establishment (General) Order, 2016. The Order, which effects changes to the Civil Service Establishment (General) Order, 2015, was approved by the House of Representatives on...
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Prime Minister, the Most Hon. Andrew Holness (right), greets Managing Director of the United States investment firm, Jefferies; and Head of the entity’s Fixed Income Wealth Management division, Gregory Fisher (2nd left), on arrival at The Jamaica Pegasus hotel in New Kingston on Tuesday, January 24, for the opening ceremony of the 12th Jamaica Stock Exchange (JSE) Regional Investments and Capital Markets Conference. Others (from left) are: JSE Chairman, Ian McNaughton; and The Jamaica Pegasus General Manager, Peter Hilary.
Finance & Public ServicePrime Minister

Prime Minister Says Stock Market can Facilitate Equitable Wealth Distribution

Prime Minister, the Most Hon. Andrew Holness, says Jamaica’s stock market represents an area of strategic investment capable of facilitating equitable wealth distribution across the society. Addressing the opening of the 12th Jamaica Stock Exchange (JSE) Regional Investments and Capital Markets Conference, at the Jamaica Pegasus hotel in New Kingston on January 24, the Prime Minister said that inequity has...
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Prime Minister the Most. Hon. Andrew Holness speaking in the House of Representatives. (FILE)
Finance & Public Service

House Begins Debate on Banking Services Amendment Act

The House of Representatives on Tuesday (Jan. 24) started debate on the Banking Services (Amendment) Act. The legislation, which is a Private Member’s Bill brought by Member of Parliament for St. Catherine South, Fitz Jackson, seeks to to have the Bank of Jamaica (BOJ) regulate the use of fees and charges by financial institutions and ensure greater protection for customers....
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Minister of Finance and the Public Service, Hon. Audley Shaw, addresses Jamaica Customs Agency (JCA) staff and stakeholders at the launch a JCA ‘Customs Meets the Community’ public awareness initiative at Customs House at Myers’ Wharf in Kingston on Tuesday, January 24.
Finance & Public Service

Jamaica Customs Agency Urged to Identify Options to Improve Service

Minister of Finance and the Public Service, Hon. Audley Shaw, is challenging the Jamaica Customs Agency (JCA) to identify options for improving customs activities, in order to optimise the Agency’s capacity for revenue collection. Noting that efficient customs procedures and processes are important elements in the Government’s drive for economic growth, Mr. Shaw said the JCA must be keen to...
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