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Minister of Finance and the Public Service, Hon. Audley Shaw, addresses Tuesday’s (September 20) sitting of the House of Representatives.
Minister of Finance and the Public Service, Hon. Audley Shaw, addresses Tuesday’s (September 20) sitting of the House of Representatives.

Gov’t to Conclude Extended Fund Facility in Three Months

The Government will in three months bring the Extended Fund Facility (EFF) to an early conclusion and commence the new standby arrangement with the International Monetary Fund (IMF) as a substitute programme. Minister of Finance and the Public Service, Hon....
Group Chief Executive Officer, Jamaica Co-operative Credit Union League (JCCUL), Glenworth Francis (left), shares a laugh with President, Insurance Employees Cooperative Credit Union (IECCU) Limited, Bernita Locke (centre); and General Manager, IECCU, Mark Bowen. Occasion was a recognition ceremony for 21 volunteers of the IECCU held at the Terra Nova Hotel in St. Andrew on October 29. The volunteers have collectively dedicated more than 267 years to the entity.
Group Chief Executive Officer, Jamaica Co-operative Credit Union League (JCCUL), Glenworth Francis (left), shares a laugh with President, Insurance Employees Cooperative Credit Union (IECCU) Limited, Bernita Locke (centre); and General Manager, IECCU, Mark Bowen. Occasion was a recognition ceremony for 21 volunteers of the IECCU held at the Terra Nova Hotel in St. Andrew on October 29. The volunteers have collectively dedicated more than 267 years to the entity.

Credit Unions Urged to Prepare for BOJ Regulations
Prime Minister, the Most Hon. Andrew Holness (right), accepts a token from Chief Executive Officer of IBEX Global, Robert Dechant, following an address at a ceremony to officially open the company’s offices in Portmore Pines, Portmore, St. Catherine, on October 27. The company currently employs 550 persons, with a view to increasing that number to 1,000 when the facility is complete.
Prime Minister, the Most Hon. Andrew Holness (right), accepts a token from Chief Executive Officer of IBEX Global, Robert Dechant, following an address at a ceremony to officially open the company’s offices in Portmore Pines, Portmore, St. Catherine, on October 27. The company currently employs 550 persons, with a view to increasing that number to 1,000 when the facility is complete.

Gov’t Working to Boost BPO Investment
Prime Minister, the Most Hon. Andrew Holness (second left), cuts the ribbon to officially open business process outsourcing (BPO) company, IBEX Global’s offices in Portmore Pines, St. Catherine, on October 27. He is joined in the ceremony by (from left) CEO of IBEX Global, Robert Dechant; President of Jamaica Promotions Corporation (JAMPRO), Dianne Edwards; and Country Manager of IBEX Global, Dalgleish Joseph. The office in Portmore employs 550 persons and will be increasing that number to 1,000 when the facility is fully built out.
Prime Minister, the Most Hon. Andrew Holness (second left), cuts the ribbon to officially open business process outsourcing (BPO) company, IBEX Global’s offices in Portmore Pines, St. Catherine, on October 27. He is joined in the ceremony by (from left) CEO of IBEX Global, Robert Dechant; President of Jamaica Promotions Corporation (JAMPRO), Dianne Edwards; and Country Manager of IBEX Global, Dalgleish Joseph. The office in Portmore employs 550 persons and will be increasing that number to 1,000 when the facility is fully built out.

PM Says Ibex Global Shows Confidence in Jamaica with Investment
Minister of State for Finance and the Public Service, Hon. Fayval Williams (right), answers a question posed during Thursday’s (October 20) public forum hosted by the Hugh Lawson Shearer Trade Union Education Institute at the University of the West Indies, Mona Campus in St. Andrew. The forum was held under the theme ‘Public Sector Workers: Expectations Beyond March 2017’. Listening is Head of the Institute, Danny Roberts.
Minister of State for Finance and the Public Service, Hon. Fayval Williams (right), answers a question posed during Thursday’s (October 20) public forum hosted by the Hugh Lawson Shearer Trade Union Education Institute at the University of the West Indies, Mona Campus in St. Andrew. The forum was held under the theme ‘Public Sector Workers: Expectations Beyond March 2017’. Listening is Head of the Institute, Danny Roberts.

State Minister Hopes for Smooth Wage Negotiations

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

Public-Sector Modernisation to Enhance Service Delivery – Williams

State Minister for Finance and the Public Service, Hon. Fayval Williams, says public-sector modernisation is intended to enhance service delivery by state entities, while providing opportunities for the development of employees. Mrs. Williams contends that the Government’s undertaking to make the public sector more efficient “goes beyond savings”, and entails determining how funding and other resources are administered for the...
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Minister of State for Finance and the Public Service, Hon. Fayval Williams (right), answers a question posed during Thursday’s (October 20) public forum hosted by the Hugh Lawson Shearer Trade Union Education Institute at the University of the West Indies, Mona Campus in St. Andrew. The forum was held under the theme ‘Public Sector Workers: Expectations Beyond March 2017’. Listening is Head of the Institute, Danny Roberts.
Finance & Public Service

State Minister Says Jamaica Faces Stable Future

State Minister for Finance and the Public Service, Hon. Fayval Williams, says Jamaica faces a more stable future based on notable macroeconomic gains, particularly under the four-year Extended Fund Facility (EFF). Mrs. Williams notes that debt is declining, the Net International Reserves are strong, and the rate of inflation is at “historic lows”, as a result of lower global oil...
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Minister of Foreign Affairs and Foreign Trade, Senator the Hon. Kamina Johnson Smith.
Finance & Public ServiceSenate

Senate Passes Amendments to National Insurance Act

The Senate, on Friday (Oct. 21), passed amendments to the National Insurance Act, during its sitting at Gordon House. The Bill, which was unanimously passed without further revisions, follows the House of Representatives’ approval of the amendments in September. This now enables the Government to administer timely adjustments of National Insurance Scheme (NIS) benefits for pensioners and other beneficiaries. A...
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CommerceFinance & Public Service

Legislation Passed to Facilitate International Financial and Business Services

The recent passage of three key pieces of legislation in the House of Representatives should better position Jamaica as a place of choice to facilitate the administration of international financial and business services. These include: the General Partnership Act 2016; the Partnership Limited Act 2016; and the International Corporate and Trust Service Providers Act. The General Partnership Act will formalise...
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Director General of the Office of Disaster Preparedness and Emergency Management (ODPEM), Major Clive Davis (left), receives a donation of cash and supplies from Chief Executive Officer, National Commercial Bank (NCB) Foundation, Nadeen Matthews, at the bank’s Atrium offices in Kingston yesterday (October 20).
Finance & Public ServiceLocal Government

NCB Donates $2 Million to Haiti Relief Effort

The National Commercial Bank (NCB) has donated approximately $2 million in cash and supplies to the Haiti relief effort. The contribution, from the bank’s staff, was handed over to the Office of Disaster Preparedness and Emergency Management (ODPEM) yesterday (October 20), at the NCB Atrium offices in Kingston. Director General of ODPEM, Major Clive Davis, who accepted the donation, told...
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Director of Licensing and Registration and Acting Director of Enforcement, Betting, Gaming and Lotteries Commission, Maurice Thompson, addresses a recent JIS Think Tank.
Finance & Public ServiceJIS Think Tank

90 Per Cent Conviction Rate for Illegal Gaming

The Betting, Gaming and Lotteries Commission (BGLC) is reporting a 90 per cent conviction rate for persons found to be involved in illegal gambling. BGLC Director of Licensing and Registration and Acting Director of Enforcement, Maurice Thompson, said there were 15 arrests in 2014/15; 15 arrests in 2015/16; and three arrests since the start of the year. He said the...
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Prime Minister, the Most Hon. Andrew Holness.
Finance & Public ServiceOffice of the Prime Minister

Government and IMF Agree on New Three-Year Programme

The Government has reached a Staff-Level Agreement with the International Monetary Fund (IMF) for a US$1.7 billion three-year successor standby programme. This will replace the existing Extended Fund Facility (EFF) that ends in March 2017, once approved by the IMF’s Executive Board during its meeting, scheduled for November. This was announced by Prime Minister, the Most Hon. Andrew Holness, and...
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