Opposition Spokesperson on Finance, Planning and the Public Service, Julian Robinson, is recommending that character education be incorporated within the school system. He noted that character education is pivotal to reforming values and attitudes across the society in general. “Character education, according to the Association for Supervision and Curriculum Development, is ‘teaching children about basic human values, including honesty, kindness,...

The Government will publish on a specially curated website the FINSAC Commission Archives comprising all of the evidence provided and the submissions made to the FINSAC Commission. This was announced by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, who said this will be done as soon as is “practicably possible”. “All of this archived data...

Work is being undertaken to upgrade the Tax Administration Jamaica (TAJ) portal to provide for a better user experience and facilitate ease of access to the various types of tax transactions. This was disclosed by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, while opening the 2024/25 Budget Debate in the House of Representatives on March...

Jamaica is on track to achieve a 72 per cent debt-to-gross domestic product (GDP) ratio by the end of the fiscal year, the lowest in 30 years. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, made the disclosure while opening the 2024/2025 Budget Debate in the House of Representatives on Tuesday (March 12). He said that...

The Government is implementing measures to facilitate increased investments in Jamaica’s renewable energy sector. Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, said the Income Tax Act will be amended to exclude Independent Power Providers (IPPs) producing energy from renewable sources from the definition of “regulated company” for the purpose of section 30 of the Act. “These...

No new taxes will be introduced to finance the Government’s $1.3-trillion Budget for the upcoming fiscal year. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, who opened the 2024/25 Budget Debate in the House of Representatives on Tuesday (March 12), said it is the seventh consecutive year in which the Government has introduced no new taxes....

Registration is now open for the third staging of the Public Sector Debate Competition. The event, scheduled to take place between May and July 2024, will engage teams comprising government employees in parliamentary-style debating on matters relating to public-sector transformation and current affairs. Interested ministries, departments and agencies are invited to complete the registration form via the Transformation Implementation Unit...

The Income Tax Act will be amended to increase the maximum participating voting share capital of companies listed on the Junior Stock Exchange from $500 million to $750 million. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said the measures are in an effort to further facilitate growth of the micro, small and medium-sized enterprise (MSME)...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says implementation of the reverse tax credit will be done in the 2024/25 fiscal year. Opening the Budget Debate in the House on March 12, Dr. Clarke said the initiative means that every registered taxpayer who earns $3 million or under will benefit from a reverse tax credit...