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Bank of Jamaica (BOJ) Governor, Brian Wynter, addresses journalists during last Tuesday’s (February 21) quarterly media briefing at the BOJ auditorium in downtown Kingston.

BOJ Implements Structural Reforms to Support Growth Target

The Bank of Jamaica (BoJ) has implemented structural reforms aimed at supporting the Government’s target of five per cent growth over the next four years. Governor Brian Wynter says these reforms, are designed to remove impediments to growth. He cited...

Director of Licensing and Registration at the Betting, Gaming and Lotteries Commission Maurice Thompson. The Commission is reminding owners and operators of gaming machines and prescribed premises that their licenses are due for renewal by April 1, 2017.

Gaming Licenses to be Renewed by April 1

Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry (centre), speaks during the agency’s quarterly press briefing held on Wednesday (February 22), at the agency’s Oxford Road offices in St. Andrew. Others pictured are: Director for Economic Planning and Research at the PIOJ, James Stewart (left), and Programme Director for Vision 2030 Jamaica Secretariat, at the agency, Elizabeth Emanuel (right).

PIOJ Projects Growth Of 3 Per Cent for 2017/18

President of the Inter-American Development Bank (IDB), Luis Alberto Moreno (second left), greets Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams as she arrives at the Bank’s Headquarters on February 21 for bilateral talks. At right is Jamaica’s IDB representative, Mr. Arthur Williams and at left is the IDB’s Executive Director for the Caribbean, Mr. Jerry Butler.

State Minister Emphasises Importance of Multilateral Partners

Bank of Jamaica (BoJ) Governor, Brian Wynter, addressing journalists during a quarterly media briefing. (File photo).

BOJ Reports 14.8 Per Cent Increase in Credit to Private Sector

Minister of Finance and the Public Service, Hon. Audley Shaw, said the initiative is part of a multisectoral approach to facilitate more opportunities for human-capital development, which is one of the most important aspects of national development.

9 years ago EducationFinance & Public Service

$30-Million Scholarship Programme Launched

The Government continues to create financing options for higher education with an additional $30-million scholarship grant provided through the Ministry of Finance and the Public Service/PetroCaribe Development Fund (PDF). This is being administered through the Ministry of Finance’s Scholarship and Assistance Unit, and is part of ongoing efforts to provide state interventions to facilitate human-capital development in the country. Addressing...

9 years ago Finance & Public Service

No Need to Touch IMF US$600 Million – BOJ Governor

Bank of Jamaica (BOJ) Governor, Brian Wynter, does not anticipate that the country will need to immediately draw down on the US$600 million available to the country under the new US$1.6-billion International Monetary Fund (IMF) precautionary Stand-By Arrangement (SBA). The figure comprises an initial US$430 million that was made available upon the agreement’s signing and an additional US$170 million that...

9 years ago Finance & Public Service

Gov’t to Implement E-Tendering and Purchase System

The Government is to implement an electronic tendering and purchase system this fiscal year as it continues its work to streamline operations within the public sector. The system will ensure a more transparent and efficient process in Government procurement. This and other activities are to be carried out under the Public Sector Transformation and Modernisation Programme (PSTMP), for which a...

9 years ago Budget 2017/2018Finance & Public Service

Additional Funding for Transformation Programme in Finance Ministry

An additional $21.67 million has been allocated to continue implementation of the public-sector-transformation programme in the Ministry of Finance and the Public Service this year. This sum is provided for in the 2017/18 Estimates of Expenditure, which were tabled in the House of Representatives, recently. The activity, which commenced in August 2014, aims to transform the Ministry into a high-performing...

9 years ago Finance & Public Service

IDT Branch to be Established in Western Jamaica

A branch of the Industrial Disputes Tribunal (IDT) is to be established in Montego Bay, St. James in order to better address industrial relations matters in western Jamaica. Minister of Labour and Social Security, Hon. Shahine Robinson, told JIS NEWS said three possible locations have been looked at for the office and a decision will be made shortly. “Establishment of...

9 years ago Budget 2017/2018Finance & Public Service

$887 Million Allocated to Continue Public Sector Transformation

The Ministry of Finance and the Public Service will continue implementation of the Strategic Public Sector Transformation Project through a $887 million allocation in the 2017-18 Estimates of Expenditure, which has been tabled in the House of Representatives. The project, which commenced in August 2014, aims to strengthen public resource management and support public sector institutions in facilitating a more...

9 years ago Budget 2017/2018Finance & Public Service

$40 Million Allocated for Relocation of AGD

Just over $40 million in additional funding has been provided in the 2017/18 Estimates of Expenditure, tabled recently in the House of Representatives, to conclude the build-out of the Accountant General’s Department (AGD). The project, being spearheaded by the Urban Development Corporation (UDC) and which commenced during the 2016/17 fiscal year, entails refurbishing of alternative office space for the AGD’s...