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Activities at bauxite mining and alumina production facilities.

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...

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 Minister wants Self-Financing Public Bodies to Provide Scholarships

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

PIOJ Head Optimistic Country will Recover

Minister of Finance and the Public Service, Hon. Audley Shaw (left), cuts the ribbon to officially commission a Jetty at the Port Royal Sufferance Wharf, run by the Jamaica Customs Agency (JCA), in Kingston today (August 30). With the Minister are Chief Executive Officer of the JCA and Commissioner of Customs, Velma Ricketts Walker (centre), and Member of Parliament for East Kingston and Port Royal, Phillip Paulwell.

North-South Highway Opens Opportunities for Port Royal – Finance Minister

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

PIOJ Reports Growth of Economy

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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

9 years ago Finance & Public Service

Debt on Downward Trajectory

Minister of Finance and the Public Service, Hon. Audley Shaw, has informed that the debt trajectory under the Government’s economic programme is expected to fall to 108.6 per cent of the gross domestic product (GDP) by the end of the 2017/18 fiscal year. Currently, the debt trajectory stands at 115 per cent of GDP. Speaking at a press conference at...

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.

9 years ago Finance & Public Service

Shaw Named Finance Minister of the Year

Finance and the Public Service Minister, Hon. Audley Shaw, has been named Finance Minister of the Year for the Caribbean by the GlobalMarkets newspaper. The publication focuses on the International Monetary Fund, World Bank, European Bank for Reconstruction and Development, Asian Development Bank, and the Inter-American Development Bank annual meetings Managing Editor of the publication, Toby Fildes, noted that Mr....

9 years ago 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...

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.

9 years ago Finance & Public Service

April to June Quarter Records 4.4% Inflation

Governor of the Bank of Jamaica (BOJ), Brian Wynter, says the country recorded an inflation rate of 4.4 per cent for the April to June 2017 quarter. Speaking at the Bank’s quarterly press briefing, at its headquarters in downtown Kingston, on August 16, Mr. Wynter noted that the out-turn for June was slightly above the 4.1 per cent recorded at...

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.

9 years ago Finance & Public Service

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

The Government is looking to implement the new framework for public sector salary negotiations during the 2017/19 contract period. The framework, which has been endorsed by Cabinet, provides more structured and clearer guidelines for salary negotiations. State Minister in the Ministry of Finance and the Public Service, Hon. Fayval Williams, said among the provisions is a proposal to extend the...

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

9 years ago 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...

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.

9 years ago 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...