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Prime Minister, the Most Honourable
Andrew Michael Holness, ON, PC, MP — Prime Minister, the Most Honourable Andrew Michael Holness, ON, PC, MP

IMF Reaches Staff-Level Agreement with Jamaica on Three-Year Precautionary Stand-By Arrangement

Press Release- An International Monetary Fund (IMF) mission led by Uma Ramakrishnan visited Kingston during September 21–30, 2016, to conduct discussions on a new IMF-supported economic program with Jamaica. To underscore the positive outcomes of these discussions, The Most Honourable...

Prime Minster, the Most Hon. Andrew Holness (left), in discussion with Chairman of the Economic Growth Council (EGC), Michael Lee-Chin, following a press conference at the Office of the Prime Minister on August 17, to provide an update on the work of the EGC.

Economic Growth Council to Provide Quarterly Updates

Governor, Bank of Jamaica (BOJ), Brian Wynter (centre), in discussion with Chief Executive Officer, Consumer Affairs Commission, Dolsie Allen (right), during a press conference at the bank in downtown Kingston, yesterday (October 12). At left is Senior Member, Jamaica Bankers Association, George Roper.

Banks to Establish Common Standard for Customer Relationship

United States Ambassador to Jamaica, Luis G. Moreno,. (File photo).

US Embassy Working with Jamaica to Curb Financial Crimes

Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw (File Photo).

Jamaica Leading Talks on Correspondent Banking Issue

Director of Licensing and Registration and Acting Director of Enforcement at the Betting, Gaming and Lotteries Commission, Maurice Thompson, addresses JIS ‘Think Tank’ on October 11. He urged Jamaicans to report illegal gambling through Crime Stop’s toll-free line 311.

9 years ago Finance & Public Service

BGLC Urges Persons to Report Illegal Gambling through Crime Stop

The Betting, Gaming and Lotteries Commission (BGLC) is urging persons to report illegal gambling through Crime Stop’s toll-free line, 311. Illegal gambling, which is the acceptance of wagers without a licence, affects the economy, says Director of Licensing and Registration and Acting Director of Enforcement, Maurice Thompson, at a JIS ‘Think Tank’, yesterday (October 11). He pointed out that the...

Prime Minister, the Most Hon. Andrew Holness, gives the keynote address at the fifth annual Anti-Money Laundering/Counter-Financing of Terrorism Conference at The Jamaica Pegasus hotel on October 10. The two-day conference is being held by the Jamaica Bankers Association (JBA), in collaboration with the Jamaica Institute of Financial Services (JIFS) under the theme ‘Understanding Our Obligation… Safeguarding Our Future’.

9 years ago Finance & Public ServicePrime Minister

Prime Minister Urges Financial Sector to Remove Profit from Criminal Activity

Prime Minister, the Most Hon. Andrew Holness, has called on the financial sector to ensure a regulatory environment that removes profitability from criminal activity. “We must take the profit out of crime. Criminals must have no access to the financial system; and where they operate in the informal economy and the backwaters of our country, we must find them and...

Minister of Transport and Mining, Hon. Audley Shaw, CD, MP

9 years ago Finance & Public Service

De-Risking a Worrying Threat to Sustainable Growth in the Caribbean

“A recent World Bank survey and study revealed that the Caribbean appeared to be the region most severely affected by the de-risking strategy,” the Minister of Finance and the Public Service, the Hon. Audley Shaw said during his address at the IMF/World Bank Annual meeting held in Washington last week. Correspondent banking relationships (CBRs) are critical for enabling key economic...

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

9 years ago Finance & Public Service

Expansion of Economy Expected in Medium Term

The Government is projecting that the country’s macroeconomic outlook will remain positive, with an anticipated expansion in the economy over the medium term. This is according to an interim report of the 2016/17 Fiscal Policy Paper tabled in the House of Representatives by Minister of Finance and the Public Service, Hon. Audley Shaw, on September 27. The Paper states that...

Minister of Finance and the Public Service, Hon. Audley Shaw, emphasises a point as he addresses the House of Representatives.

9 years ago Finance & Public Service

Wage Negotiations Concluded with 97% of Public-Sector Bargaining Units

The Government has concluded wage negotiations with approximately 97 per cent of all public-sector bargaining units for the period 2015/17. This is outlined in the Government of Jamaica (GOJ) Fiscal Policy Paper for financial year 2016/17 (Interim Report). The document was tabled by Minister of Finance and the Public Service, Hon. Audley Shaw, during the sitting of the House of...

State Minister in the Education, Youth and Information Ministry, Hon. Floyd Green (centre), greets Vice President of Capital Markets and Fund Management at Sagicor Investments Jamaica Limited, Kevin Donaldson. Occasion was a luncheon to promote the Stock Market Game to high school teachers, held on September 30 at the Jamaica Pegasus Hotel in New Kingston. Looking on is Senior Marketing Officer, Jamaica Stock Exchange, Michael Johnson.

9 years ago EducationFinance & Public Service

Education State Minister Endorses Stock Market Game

State Minister in the Education, Youth and Information Ministry, Hon. Floyd Green, has hailed the efforts of the Jamaica Stock Exchange to promote financial literacy among high school students and teachers through its Stock Market Game. “They (JSE) are innovators at heart. They have been...finding ways to ensure that as a country we get more financially literate,” Mr. Green said,...

State Minister for Finance and the Public Service, Hon. Rudyard Spencer (left), formally reopens the Jamaica Customs Agency’s (JCA) newly refurbished canteen during a brief ceremony at the JCA’s head office at Newport East in Kingston on September 30. Sharing the occasion (from 2nd left) are JCA Chief Executive Officer and Commissioner of Customs, Major (Ret’d) Richard Reese; and Deputy Chief Executive Officer, Karlene Henry.

9 years ago Finance & Public Service

JCA Renovates Section of Head Office

The Jamaica Customs Agency (JCA) has renovated and upgraded several sections of its head office at Newport East in Kingston, at a cost of just over $31 million. The work included the construction of a Transport and Property Services Unit, refurbishing of the canteen and paving of the driveway. State Minister for Finance and the Public Service, Hon. Rudyard Spencer,...