| Mon - Thur 8:30 am - 5:00pm, Friday 8:30 am - 4:00 pm
Government of Jamaica ja-flag
Advertisement
Hurricane Melissa

Latest

Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, addresses EPOC’s monthly media briefing, held on July 13, at Sagicor Life Jamaica Limited’s head office, in New Kingston.
Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, addresses EPOC’s monthly media briefing, held on July 13, at Sagicor Life Jamaica Limited’s head office, in New Kingston.

Positive Trend in Revenue

Jamaica continues to see a positive trend in revenue and grants, totalling $70.1 billion in May, significantly ahead of budget. This was revealed by Economic Programme Oversight Committee (EPOC) Co-Chair, Richard Byles, at a monthly briefing at Sagicor Life’s offices...
Minister of Finance and the Public Service, Hon. Audley Shaw (right), having a light exchange with Group Marketing Manager, Jamaica Money Market Brokers (JMMB), Kerry-Ann Simpson (second right), shortly before the start of the annual economic forum of the Private Sector Organisation of Jamaica (PSOJ) and the JMMB Group, at The Jamaica Pegasus hotel in New Kingston, today (July 12). Others (from left) are Chief Executive Officer (CEO) of the PSOJ, Dennis Chung; and President, PSOJ, William Mahfood.
Minister of Finance and the Public Service, Hon. Audley Shaw (right), having a light exchange with Group Marketing Manager, Jamaica Money Market Brokers (JMMB), Kerry-Ann Simpson (second right), shortly before the start of the annual economic forum of the Private Sector Organisation of Jamaica (PSOJ) and the JMMB Group, at The Jamaica Pegasus hotel in New Kingston, today (July 12). Others (from left) are Chief Executive Officer (CEO) of the PSOJ, Dennis Chung; and President, PSOJ, William Mahfood.

Measures Implemented Under EFF Will be Maintained – Finance Minister
Prime Minister, the Most Hon. Andrew Holness (left), having a light exchange with World Bank Country Director, Ms. Sophie Sirtaine, ahead of a seminar at Jamaica House on July 12 with international experts and policymakers to discuss best practices and strategies for economic growth and debt management. The seminar is sponsored by the World Bank.
Prime Minister, the Most Hon. Andrew Holness (left), having a light exchange with World Bank Country Director, Ms. Sophie Sirtaine, ahead of a seminar at Jamaica House on July 12 with international experts and policymakers to discuss best practices and strategies for economic growth and debt management. The seminar is sponsored by the World Bank.

Gov’t Hosts Seminar on Economic Growth and Debt Management
Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams (right), in conversation with Deputy Chief Executive Officer and Director of Operations at the Registrar General’s Department (RGD), Charlton McFarlane (left) and Permanent Secretary in the Ministry of Health, Dr. Kevin Harvey, at the Caribbean Civil Registration and Identity Management Conference, being held at the Montego Bay Convention Centre from July 6-8.
Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams (right), in conversation with Deputy Chief Executive Officer and Director of Operations at the Registrar General’s Department (RGD), Charlton McFarlane (left) and Permanent Secretary in the Ministry of Health, Dr. Kevin Harvey, at the Caribbean Civil Registration and Identity Management Conference, being held at the Montego Bay Convention Centre from July 6-8.

State Minister says Country Must Fast-Track National ID System
EXIM Bank Jamaica’s Managing Director, Lisa Bell (2nd left), responds to a question during Tuesday’s (July 5) launch of the Jamaica Manufacturers’ Association (JMA)-EXIM Loan Facility. The launch took place at EXIM’s head office on Hope Road in Kingston. Listening (from left) are EXIM’s Chief Loan Administration Officer, Charles Lewis; JMA President, Metry Seaga, and Executive Director, JMA, Imega Breese McNab.
EXIM Bank Jamaica’s Managing Director, Lisa Bell (2nd left), responds to a question during Tuesday’s (July 5) launch of the Jamaica Manufacturers’ Association (JMA)-EXIM Loan Facility. The launch took place at EXIM’s head office on Hope Road in Kingston. Listening (from left) are EXIM’s Chief Loan Administration Officer, Charles Lewis; JMA President, Metry Seaga, and Executive Director, JMA, Imega Breese McNab.

$30-Million Loan Facility for Small and Medium Manufacturers

More

Finance & Public Service

Increase in NIF Assets

The National Insurance Fund (NIF) net assets have increased by $8.32 billion for the calendar period that ended December 31, 2015. According to the Ministry of Labour and Social Security’s annual report for 2015, the 11.82 per cent improvement was attributed to improved share prices, money market investments and real estate investments. In the meantime, the current assets of the...
Read more
Chairman of the Jamaica Deposit Insurance Corporation (JDIC), John Jackson (left); Chief Executive Officer of the JDIC, Antoinette McKain (second left) and Senior Education Officer at the Ministry of Education, Youth and Information, Marlon Williams (right), listen intently to Founder of AIM Educational Services, Nicole McLaren Campbell, at the JDIC awards ceremony, held on July 1 at the Terra Nova All-Suite Hotel in Kingston.
Finance & Public Service

JDIC Awards Students for Winning Competition

The Jamaica Deposit Insurance Corporation (JDIC) has awarded students who participated in its online Android Financial Education Competition. The competition, which targeted secondary-school students from grades seven to 13, was presented as a game designed to increase children’s understanding of the financial system and information related to the deposit insurance scheme in Jamaica. Dominique Ferguson, a 10th-grade student from the...
Read more
Chief Corporate Communications Officer at Tax Administration Jamaica (TAJ), Meris Haughton, addresses a recent JIS Think Tank on the implementation of the new income tax threshold.
Finance & Public Service

TAJ Offers Guidance on New Income Tax Threshold

With the implementation of the new income tax threshold on July 1, Tax Administration Jamaica (TAJ) says it will continue to stage sensitisation sessions to help persons understand the changes that have taken place. “The legislative changes, you will appreciate, have just come into effect to give rise to the changes, but we have been working with persons so that...
Read more
Director General, Statistical Institute of Jamaica (STATIN), Carol Coy.
Finance & Public Service

STATIN – 70 Years of Service to Jamaica

For 70 years, the Statistical Institute of Jamaica (STATIN) has been providing official data to the Government and people of Jamaica. STATIN’s mandate includes collecting, compiling, analysing and publishing information relating to commercial, industrial, social and economic engagements, among other activities. Among these is the population and housing census, which is undertaken every 10 years. Director General, Carol Coy, tells...
Read more
Finance & Public Service

Scholarships Available for Jamaicans

Thousands of Jamaicans continue to benefit from opportunities for international studies and professional training, under scholarship programmes being administered by the Ministry of Finance and the Public Service. The programmes, which are offered by Jamaica’s bilateral and multilateral partners, are aimed at equipping the country’s workforce. Minister of State with responsibility for the Public Service, Hon. Rudyard Spencer, says there...
Read more
Finance and Public Service Minister, Hon. Audley Shaw (left), exchanges agreements for the Disaster Vulnerability Reduction Project (DVRP) loan provision with World Bank Country Manager for Jamaica, Galina Sotirova, during Friday’s (July 1) signing at the Ministry in Kingston.
Climate ChangeFinance & Public ServiceVision 2030

World Bank Provides $3.7B for Disaster and Climate Risk Management

The Government has received $3.79 billion (US$30 million) from the World Bank to further boost disaster and climate risk management in Jamaica. The loan will support the administration’s ongoing programme to reduce the incidence of environmental hazards over a six-year period under the Bank’s Disaster Vulnerability Reduction Project (DVRP). The DVRP, which will be implemented by the Jamaica Social Investment...
Read more
Chief Communications Officer at Tax Administration Jamaica, Meris Haughton (right), explains the implementation of the new income tax threshold, which takes effect on July 1. At left is Senior Technical Specialist, Monica Walker.
Finance & Public Service

Income Tax Refund for Some PAYE Workers

Pay As You Earn (PAYE) workers whose income now exceed the previous tax threshold of $592,800, but who earn up to $796,536 are to receive a refund from their employers. Chief Communications Officer at Tax Administration Jamaica (TAJ), Meris Haughton, encouraged employers to make the necessary adjustment during the course of the year. She noted that this is in keeping...
Read more