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Minister of Finance and the Public Service, Hon. Audley Shaw (right), goes over documents with Minister of State in the Ministry, Fayval Williams, before opening the 2017/18 Budget Debate in the House of Representatives on March 9.

Gov’t to Spend $179.5 Billion on Wages and Salaries

The Government will be spending $179.5 billion on wages and salaries in the 2017/18 financial year, a 5.2 per cent increase over the current year. This was announced by Minister of Finance and the Public Service, Hon. Audley Shaw, as...

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

The Budget and You

State Minister in the Ministry of Finance and the Public Service, Hon. Fayval Williams (left) speaks with Deputy Financial Secretary, Wayne Jones (right), ahead of a ceremony to unveil the name and logo of a Human Capital Management Enterprise System (HCMES), at the Ministry’s offices on March 6. At centre is Executive Director, Transformation Implementation Unit, Maria Thompson Walters.

Implementation of First Phase of HCMES to be Completed by End of 2017

Prime Minister, the Most Hon. Andrew Holness (second right), addresses a press conference at the Office of the Prime Minister on March 3 to close out the visit of the International Monetary Fund (IMF) Mission team to review Jamaica’s performance under the Precautionary Stand-By Agreement for the period ending December 31, 2016. Others (from left) are Governor of the Bank of Jamaica, Brian Wynter; IMF Mission Chief, Dr. Uma Ramakrishnan; and Minister of Finance and the Public Service, Hon. Audley Shaw.

Government Remains Committed to Maintaining Fiscal Responsibility

Director General, Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry (second right), emphasises a point during a symposium at the University of the West Indies, Mona, on March 2.
Others (from left) are Founder, Chairman, Chief Executive Officer, Seaforth Holdings Limited, Javette Nixon; Founder of AIM Educational Services, Nicole McLaren Campbell; and Vice Curator, Global Shapers Kingston Hub, Brittany Singh Williams. — Director General, Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry (second right), emphasises a point during a symposium at the University of the West Indies, Mona, on March 2. Others (from left) are Founder, Chairman, Chief Executive Officer, Seaforth Holdings Limited, Javette Nixon; Founder of AIM Educational Services, Nicole McLaren Campbell; and Vice Curator, Global Shapers Kingston Hub, Brittany Singh Williams.

Students Encouraged to Assess Labour Market Before Choosing Careers

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Prime Minister, the Most Hon. Andrew Holness (third left), addresses a press conference at the Office of the Prime Minister on March 3 to close out the visit of the International Monetary Fund (IMF) Mission team to review Jamaica’s performance under the Precautionary Stand-By Agreement for the period ending December 31, 2016. He is joined by (from left) IMF Resident Representative, Dr. Constant Lonkeng Ngouana; IMF Mission Chief, Dr. Uma Ramakrishnan; and Minister of Finance and the Public Service, Hon. Audley Shaw.

9 years ago Finance & Public Service

IMF Expected to Approve Additional US$170 Million

The International Monetary Fund (IMF) is expected to make available an additional US$170 million to Jamaica, under the Precautionary Stand-By Arrangement (PSBA), following the first review of the programme in April. Once approved by the IMF Executive Board, this will bring to US$574 million the money available to the Bank of Jamaica for drawdown, as needed. This was revealed at...

Development Bank of Jamaica (DBJ) General Manager for Public-Private Partnerships and Privatisation, Denise Arana, speaking at a recent Jamaica Information Service (JIS) Think Tank, where she provided details about the Regional Infrastructure Conference to be held from March 6-7 at The Jamaica Pegasus hotel in New Kingston.

9 years ago Finance & Public Service

DBJ to Present Investment Projects at Regional Infrastructure Conference

The Development Bank of Jamaica (DBJ) has packaged several infrastructure development projects, which it will present to investors at the Regional Infrastructure Conference to be held from March 6-7 at The Jamaica Pegasus hotel in New Kingston. The two-day event is focused on public-private partnership (PPP) under the theme ‘Delivering Economic Growth through Partnership: Private Sector Participation in Infrastructure Development’....

General Manager, Public-Private Partnerships and Privatisation at the Development Bank of Jamaica (DBJ), Denise Arana (centre), provides details about the DBJ’s Regional Infrastructure Conference at a Jamaica Information Service (JIS) Think Tank on February 28. She is flanked by Partner at PricewaterhouseCoopers, Sharlene Williams (left) and Consultant, Jamaica Venture Capital Programme, Audrey Richards. The conference is set for March 6-7 at The Jamaica Pegasus hotel in New Kingston.

9 years ago Finance & Public Service

DBJ Conference to Target Local Investors

The Development Bank of Jamaica (DBJ) is targeting local investors through the staging of its Regional Infrastructure Conference focused on public-private partnerships (PPP). Themed ‘Delivering Economic Growth through Partnership: Private-Sector Participation in Infrastructure Development’, the conference will be held at The Jamaica Pegasus hotel in New Kingston from March 6 to 7. DBJ General Manager for Public-Private Partnerships and Privatisation,...

9 years ago Finance & Public Service

JIFS Contributing to Development of Financial Sector

As the financial services sector faces a range of new challenges, the Jamaica Institute of Financial Services (JIFS) is poised to enhance its contribution to the professional development of the industry. Newly appointed Chairman of the JIFS, Dr. Rickert Allen, said the Institute will ensure that the human capital is adequately competent to secure the future sustainability and profitability of...

9 years ago Finance & Public Service

JIFS Celebrates 40th Anniversary

The Jamaica Institute of Financial Services (JIFS) is marking its 40th anniversary this year under the theme ‘Renew, Refocus, Reposition’. The body, initially known as the Jamaica Institute of Bankers (JIOB), was formed on February 24, 1977. It seeks to promote the continued growth of the financial services sector through training, social exchange and research. The JIFS operates under the...

Bank of Jamaica (BOJ) Governor, Brian Wynter, addresses journalists during last Tuesday’s (February 21) quarterly media briefing at the BOJ auditorium in downtown Kingston.

9 years ago Finance & Public Service

BOJ Implements Structural Reforms to Support Growth Target

The Bank of Jamaica (BoJ) has implemented structural reforms aimed at supporting the Government’s target of five per cent growth over the next four years. Governor Brian Wynter says these reforms, are designed to remove impediments to growth. He cited recent usage of its authority under the Banking Services Act to facilitate a lowering of the capital risk-weighting for bank...

Director of Licensing and Registration at the Betting, Gaming and Lotteries Commission Maurice Thompson. The Commission is reminding owners and operators of gaming machines and prescribed premises that their licenses are due for renewal by April 1, 2017.

9 years ago Finance & Public Service

Gaming Licenses to be Renewed by April 1

The Betting Gaming and Lotteries Commission (BGLC) is reminding owners and operators of gaming machines and prescribed premises that their licenses are due for renewal by April 1, 2017. To facilitate the renewals, the BGLC team will visit Tax Administration of Jamaica (TAJ) Offices across the island to enable operators to submit applications, without having to travel to the BGLC...