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Finance and the Public Service Minister, Hon. Audley Shaw. (FILE)

Increased Support for the Poor and Vulnerable

Finance and the Public Service Minister, Hon. Audley Shaw, says since taking office, the Government has significantly increased its support for the poor and vulnerable. Closing the 2017/18 Budget Debate in the House of Representatives on March 22, Mr. Shaw...

Opposition Senator, K.D. Knight, highlights a point while making his contribution to the debate on the Arbitration Act, 2017 in the Upper House today (March 17). The Bill seeks to repeal the Arbitration Act 1900, and replace it with a more modern legislation that is intended to provide an effective non-judicial mechanism for settling disputes between contracting parties.

Senator Proposes Extension of Application Period for Arbitration Awards

The House of Representative.

House Approves Legislation on Telephone Tax

Minister of Finance and the Public Service, Hon. Audley Shaw (left), shares a light moment with Chairman of the Development Bank of Jamaica (DBJ), Christopher Zacca, at a consultation to discuss the DBJ/World Bank Environmental and Social Management Framework Policy, at The Jamaica Pegasus hotel on Wednesday, March 15.

Banks Urged to Improve Access to Financing for MSMEs

Accountant General, Carlene Murdock, updating JIS News on the Central Treasury Management System (CTMS).

Central Treasury Management System Improving Efficiency

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State Minister in the Ministry of Finance and the Public Service, Hon. Fayval Williams, speaking at a recently held Business Process Outsourcing (BPO) stakeholders’ breakfast in Montego Bay, St. James. (FILE)

9 years ago Finance & Public Service

State Minister Highlights Importance of BPO Sector

State Minister in the Ministry of Finance and the Public Service, Hon. Fayval Williams, says the Business Process Outsourcing (BPO) sector has been playing a major role in boosting Jamaica’s economic growth. Speaking recently at a BPO industry stakeholders’ breakfast in Montego Bay, the State Minister said the sector’s ability to provide sustainable jobs forms a major pillar of the...

Finance and the Public Service Minister, Hon. Audley Shaw (2nd left), emphasises a point during Monday’s (March 13) post-Budget media briefing at the Ministry’s National Heroes Circle offices in Kingston. Others (from left) are State Minister, Hon. Fayval Williams; Financial Secretary, Everton McFarlane; and Bank of Jamaica Governor, Brian Wynter.

9 years ago Finance & Public Service

Gov’t has Made Provisions in Budget for Vulnerable Persons – Shaw

Finance and the Public Service Minister, Hon. Audley Shaw, says the Government, in drafting the $715.6-billion Budget for the 2017/18 fiscal year, has taken major steps to safeguard the welfare of vulnerable citizens. This, he said, is evident in the improved benefits under the Programme of Advancement Through Health and Education (PATH) for which the Administration has increased the allocation...

Finance and the Public Service Minister, Hon. Audley Shaw (left), responds to a question during Monday’s (March 13) post-Budget media briefing at the Ministry’s National Heroes Circle offices in Kingston. At right is Financial Secretary, Everton McFarlane.

9 years ago Finance & Public Service

Finance Minister Says Gov’t Plans to Discontinue Taking Funds from NHT

Finance and the Public Service Minister, Hon. Audley Shaw, says the Government plans to discontinue withdrawing funds from the National Housing Trust (NHT) to finance the Budget. Responding to questions at a post-Budget media briefing at the Ministry’s National Heroes Circle offices in Kingston, yesterday (March 13), Mr. Shaw said the drawdown this year is necessary for the phase two...

Finance and THE Public Service Minister, Hon. Audley Shaw (4th left), addresses journalists during Monday’s (March 13) post-Budget media briefing at the Ministry’s National Heroes Circle offices in Kingston. Others (from left) are Senior Advisor in the Ministry and Government Senator, Aubyn Hill; State Ministers, Hon. Rudyard Spencer and Fayval Williams; Financial Secretary, Everton McFarlane; and Bank of Jamaica Governor, Brian Wynter.

9 years ago Finance & Public Service

Gov’t to Manage Large Surpluses of State Agencies

The Government is conducting a forensic review of state agencies which have significant financial surpluses in accounts, totalling nearly $200 billion, with a view to incorporating these in the Administration’s central operations. Speaking at a post-Budget media briefing, today (March 13), at his National Heroes Circle offices in Kingston, Finance and the Public Service Minister, Hon. Audley Shaw, said the...

9 years ago Finance & Public Service

Public Bodies to be Categorised

The Government will be moving to categorise public bodies to facilitate more focused oversight and monitoring, in a principle-based approach to the new policy of rationalisation. Minister of Finance and the Public Service, Hon. Audley Shaw, said the Government will be conducting further rationalisation based on the need for the entity and its function and according to the best modality...

Minister of Finance and the Public Service, Hon. Audley Shaw. (FILE)

9 years ago Finance & Public Service

New Property Tax Regime April 1

Minister of Finance and the Public Service, Hon. Audley Shaw, has announced that a new property tax regime will be adopted starting April 1. Opening the 2017/18 Budget Debate in the House of Representatives on March 9, Mr. Shaw informed that as of April 1, property tax liabilities will be based on the adoption of the 2013 valuation roll. “In...

9 years ago Budget 2017/2018Finance & Public Service

Finsac Report to be Available in Six Months

The report from the Financial Sector Adjustment Company (FINSAC) Commission of Enquiry into the collapse of the financial sector is expected to be completed within the next six months. Minister of Finance and the Public Service, Hon. Audley Shaw, made the disclosure while opening the 2017/18 Budget Debate in the House of Representatives on Thursday (March 9). The Minister, earlier...