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Leader of Government Business in the Senate, Hon. Kamina Johnson Smith, speaking in the Senate. (FILE)
Leader of Government Business in the Senate, Hon. Kamina Johnson Smith, speaking in the Senate. (FILE)

Bills Passed to Establish Int’l Financial Services Centre

Jamaica has moved a step closer to establishing an international financial services centre, with the passage of two key pieces of legislation in the Senate on Friday (January 13). These are the General Partnership Bill, which will formalise the process...
Finance and Public Service Minister, Hon. Audley Shaw. (FILE)
Finance and Public Service Minister, Hon. Audley Shaw. (FILE)

Finance Minister Reviewing Capital Expenditure Programme
Finance and the Public Service Minister, Hon. Audley Shaw (left), emphasises a point to Inter-American Development Bank (IDB) Country Department Caribbean Group General Manager, Therese Turner-Jones, after both signed an agreement formalising the IDB’s authorisation of partial use of Jamaica’s public-procurement system guidelines for implementing projects funded by the multilateral institution. The signing took place at the Ministry’s National Heroes Circle offices in Kingston on January 11.
Finance and the Public Service Minister, Hon. Audley Shaw (left), emphasises a point to Inter-American Development Bank (IDB) Country Department Caribbean Group General Manager, Therese Turner-Jones, after both signed an agreement formalising the IDB’s authorisation of partial use of Jamaica’s public-procurement system guidelines for implementing projects funded by the multilateral institution. The signing took place at the Ministry’s National Heroes Circle offices in Kingston on January 11.

Finance Minister Urges Expeditious Execution of Procurement Procedures
Finance and the Public Service Minister, Hon. Audley Shaw (left), signs the agreement formalising the Inter-American Development Bank’s (IDB) authorisation of partial use of Jamaica’s public procurement system for implementing IDB-funded projects. The signing took place at the Ministry’s National Heroes Circle offices in Kingston on Wednesday, January 11. Looking on is IDB Country Department Caribbean Group General Manager, Therese Turner-Jones, who also signed.
Finance and the Public Service Minister, Hon. Audley Shaw (left), signs the agreement formalising the Inter-American Development Bank’s (IDB) authorisation of partial use of Jamaica’s public procurement system for implementing IDB-funded projects. The signing took place at the Ministry’s National Heroes Circle offices in Kingston on Wednesday, January 11. Looking on is IDB Country Department Caribbean Group General Manager, Therese Turner-Jones, who also signed.

IDB Authorises Partial Use of National Procurement System
Commissioner of the Revenue Protection Divison, Major (Ret’d) Johanna Lewin, addresses the launch of the pilot for the Island Traffic Authority Vehicle Management Registration System at the Transport and Mining Ministry in Kingston on January 11.
Commissioner of the Revenue Protection Divison, Major (Ret’d) Johanna Lewin, addresses the launch of the pilot for the Island Traffic Authority Vehicle Management Registration System at the Transport and Mining Ministry in Kingston on January 11.

Revenue Protection Department Clamping Down on Fraudulent Motor-Vehicle Documents

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Minister of Finance and the Public Service, Hon. Audley Shaw, speaking in the House of Representatives on Tuesday, November 1. (FILE)
Finance & Public Service

Minister Shaw Tables First Supplementary Estimates

Minister of Finance and the Public Service, Hon. Audley Shaw, tabled the first Supplementary Estimates for the 2016/17 financial year in the House of Representatives on January 10. The figures show that the budget has been revised upwards from $579.93 billion to $592.74 billion, an increase of $12.8 billion. The Estimates show an increase in the Recurrent (housekeeping) expenses from...
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Minister of Local Government and Community Development, Hon. Desmond McKenzie (centre), in discussion with Senior Director at the Ministry of Finance and the Public Service, Cecile Maragh (left), while Senior Legal Officer at the Local Government Ministry, Sophia Knight Williams (right), looks on. Occasion was a regional local government sensitisation session, held today (January 5), at The Knutsford Court Hotel, in New Kingston.
Finance & Public Service

E-Procurement System Produces Results

The Ministry of Finance and the Public Service is reporting that its new e-procurement regime is turning over contracts within three months, down from up to two years. Senior Director at the Ministry, Cecile Maragh, points out that the efficiency of the system allows all interested parties to deal with the bidding process from different locations, and that no longer...
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Business Lead for Tax Administration Jamaica’s (TAJ) Revenue Administration Information System (RAiS), Jean James.
Finance & Public Service

Gaming Industry Stakeholders to Benefit from RAiS

Gaming industry stakeholders are expected to benefit significantly from improved service delivery under phase three of Tax Administration Jamaica’s (TAJ) Revenue Administration Information System (RAiS). The phase, which was rolled out in early September, entails revenue administration streamlining for several categories of taxes applied within the industry. These include the Betting, Gaming and Lotteries Duty and Transfer Tax; Environmental Protection...
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The Port of Kingston.
Finance & Public ServiceTourismTransport

Jamaica Customs Agency Clarifies Clearance Procedures for Containers

For many Jamaicans with relatives overseas, receiving a barrel with gifts is a common occurrence. Though barrels are shipped to the island throughout the year, Jamaicans at home and abroad look forward to sending and receiving barrels at Christmas, which is the busiest period for the Jamaica Customs Agency (JCA). Customs Manager for the JCA’s Operations Department, Alicia Christian-Scott, told...
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Finance and Public Service Minister, Hon. Audley Shaw. (FILE)
Finance & Public Service

Gov’t Seeking to Maintain Growth Momentum

Finance and Public Service Minister, Hon. Audley Shaw, says the Government is seeking to maintain and build on the momentum resulting from the 2.2 per cent rate of economic growth recorded during the July to September quarter. In reiterating that this was the highest out-turn since 2007, Mr. Shaw said Jamaica’s macroeconomic environment was stabilising, with the prospects for further...
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Minister of Finance and the Public Service, Hon. Audley Shaw (right), in discussion with Minister of State in the Ministry, Hon. Fayval Williams, at a press conference at his National Heroes Circle offices, today (December 21), where he provided details on an initiative for small and medium-sized enterprise (SME) operators to access $2.4 billion in loan funds, using non-traditional collateral.
Finance & Public Service

Easier Access to Loans by SME Operators

The Government has made it easier for small and medium-sized enterprise (SME) operators to access $2.4 billion in loan funds, by using non-traditional collateral. Minister of Finance and the Public Service, Hon. Audley Shaw, says a policy decision by the administration has allowed the Bank of Jamaica (BOJ), to reduce risks associated with loans issued by deposit-taking institutions that are...
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Minister of Finance and the Public Service, Hon. Audley Shaw (right), in discussion with Minister of State in the Ministry, Hon. Fayval Williams, at a press conference at his National Heroes Circle offices, today (December 21), where he provided details on an initiative for small and medium-sized enterprise (SME) operators to access $2.4 billion in loan funds, using non-traditional collateral.
Finance & Public Service

Easier Access to Loans by SME Operators

The Government has made it easier for small and medium-sized enterprise (SME) operators to access $2.4 billion in loan funds, by using non-traditional collateral. Minister of Finance and the Public Service, Hon. Audley Shaw, says a policy decision by the administration has allowed the Bank of Jamaica (BOJ), to reduce risks associated with loans issued by deposit-taking institutions that are...
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