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Finance and the Public Service Minister, Hon. Audley Shaw (right), greets Jamaica Employers’ Federation (JEF) President, David Wan, during a recent JEF Breakfast meeting at The Knutsford Court Hotel, in New Kingston.

Private-Sector Leaders Support Standby Successor Agreement

Several private-sector leaders have endorsed the Government’s decision to negotiate a standby successor agreement with the International Monetary Fund (IMF). They deem this as ideal, based on several economic gains recorded under the outgoing four-year Extended Fund Facility (EFF), which...

Minister of Finance and the Public Service, Hon. Audley Shaw, emphasises a point while addressing the House of Representatives on November 1.

House Begins Debate on Bills to Facilitate Development of Horse-Racing Industry

Co-Chair of the Economic Programme Oversight Committee (EPOC), Richard Byles, addresses the media at a press briefing at Sagicor head office in Kingston, on November 10.

Jamaica Exceeds All Targets

House Approves Regulations for Agent Banking

Growth of 2.3 % for July to September Quarter

Minister of Finance and the Public Service, Hon. Audley Shaw, speaking in the House of Representatives on Tuesday, November 1. (FILE)

9 years ago Finance & Public Service

Working Group to Deal with Devaluation – Hon. Audley Shaw

Minister of Finance and the Public Service, Hon. Audley Shaw, has announced that a Working Group has been established to deal with the continued devaluation of the Jamaican dollar against the United States currency. Addressing the House of Representatives on November 1, Mr. Shaw said the group will meet with the Bank of Jamaica (BOJ) on a weekly basis, with...

Minister of Finance and the Public Service, Hon. Audley Shaw, addresses Tuesday’s (September 20) sitting of the House of Representatives.

9 years ago Finance & Public Service

Gov’t to Conclude Extended Fund Facility in Three Months

The Government will in three months bring the Extended Fund Facility (EFF) to an early conclusion and commence the new standby arrangement with the International Monetary Fund (IMF) as a substitute programme. Minister of Finance and the Public Service, Hon. Audley Shaw, made the disclosure during the sitting of the House of Representatives on Tuesday (November 1) at Gordon House....

Group Chief Executive Officer, Jamaica Co-operative Credit Union League (JCCUL), Glenworth Francis (left), shares a laugh with President, Insurance Employees Cooperative Credit Union (IECCU) Limited, Bernita Locke (centre); and General Manager, IECCU, Mark Bowen. Occasion was a recognition ceremony for 21 volunteers of the IECCU held at the Terra Nova Hotel in St. Andrew on October 29. The volunteers have collectively dedicated more than 267 years to the entity.

9 years ago Finance & Public Service

Credit Unions Urged to Prepare for BOJ Regulations

Credit unions are being urged to actively pursue strategies that will enable them to improve their state-of-readiness in meeting the requirements under the Bank of Jamaica (BoJ) Credit Union Regulations. The call came from Group Chief Executive Officer, Jamaica Co-operative Credit Union League (JCCUL), Glenworth Francis, who said that the league, through its Stabilisation Unit, has been assisting entities to...

Prime Minister, the Most Hon. Andrew Holness (right), accepts a token from Chief Executive Officer of IBEX Global, Robert Dechant, following an address at a ceremony to officially open the company’s offices in Portmore Pines, Portmore, St. Catherine, on October 27. The company currently employs 550 persons, with a view to increasing that number to 1,000 when the facility is complete.

9 years ago Finance & Public ServiceVision 2030

Gov’t Working to Boost BPO Investment

Prime Minister, the Most Hon. Andrew Holness, says the Government is working to review its regulatory and legislative framework in order to make Jamaica the country of choice for business process outsourcing (BPO). He cited the recent passage of the Special Economic Zone Act as among measures to modernise policies and processes to achieve greater efficiency. He said emphasis is...

Prime Minister, the Most Hon. Andrew Holness (second left), cuts the ribbon to officially open business process outsourcing (BPO) company, IBEX Global’s offices in Portmore Pines, St. Catherine, on October 27. He is joined in the ceremony by (from left) CEO of IBEX Global, Robert Dechant; President of Jamaica Promotions Corporation (JAMPRO), Dianne Edwards; and Country Manager of IBEX Global, Dalgleish Joseph. The office in Portmore employs 550 persons and will be increasing that number to 1,000 when the facility is fully built out.

9 years ago Finance & Public Service

PM Says Ibex Global Shows Confidence in Jamaica with Investment

Prime Minister, the Most Hon. Andrew Holness, says the investment of IBEX Global in the business process outsourcing (BPO) sector locally is a demonstration of confidence in Jamaica as a ‘right fit’ destination for its operations. Addressing a ceremony to officially open the company’s offices in the Portmore Pines Plaza in Portmore, St. Catherine, on October 27, Mr. Holness said...

Minister of State for Finance and the Public Service, Hon. Fayval Williams (right), answers a question posed during Thursday’s (October 20) public forum hosted by the Hugh Lawson Shearer Trade Union Education Institute at the University of the West Indies, Mona Campus in St. Andrew. The forum was held under the theme ‘Public Sector Workers: Expectations Beyond March 2017’. Listening is Head of the Institute, Danny Roberts.

9 years ago Finance & Public Service

State Minister Hopes for Smooth Wage Negotiations

State Minister for Finance and the Public Service, Hon. Fayval Williams, hopes the 2017/19 wage negotiations between the Government and unions representing public-sector workers will be conducted as smoothly as those which resulted in the existing two-year agreement. Similar views have been expressed by Head of the Hugh Lawson Shearer Trade Union Education Institute at the University of the West...

Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams.

9 years ago Finance & Public Service

Public-Sector Modernisation to Enhance Service Delivery – Williams

State Minister for Finance and the Public Service, Hon. Fayval Williams, says public-sector modernisation is intended to enhance service delivery by state entities, while providing opportunities for the development of employees. Mrs. Williams contends that the Government’s undertaking to make the public sector more efficient “goes beyond savings”, and entails determining how funding and other resources are administered for the...