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Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda (left), is greeted by General Manager of the Jamaica National (JN) Group, Earl Jarrett, at the Jamaica Conference Centre, where the financial institution hosted a business luncheon on December 9.

Lending Institutions Urged to Give Attention to Agriculture

Lending institutions are being urged to place attention on the agricultural sector, so that it can continue to deliver growth and earn foreign exchange. Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Karl Samuda, said financial institutions need to see...

Education, Youth and Information Minister, Senator the Hon. Ruel Reid. (FILE)

Senate Approves Regulations to Widen Banking Access

Justice Minister, Hon. Delroy Chuck (left); Finance and Public Service Minister, Hon. Audley Shaw (centre), and Head of the European Union (EU) Delegation in Jamaica, Ambassador Malgorzata Wasilewska, shake hands after Thursday’s (December 8) signing of an agreement formalizing the EU’s provision of approximately $3.3 billion (€22 million) in grant funding for Jamaica’s justice reform programme. The signing took place at the Finance Ministry in Kingston.

Finance Minister Expresses Gratitude to the EU

Minister of Finance and the Public Service, Hon. Audley Shaw (right), exchanges a warm handshake with President of the Small Business Association of Jamaica, Hugh Johnson, after addressing the Jamaica National (JN) Small Business Loans Limited luncheon held on Friday (December 9), at the Jamaica Conference Centre, downtown Kingston.

Gov’t Lowers Rate On DBJ Microloans

Minister of Finance and the Public Service, Hon. Audley Shaw, speaking in the House of Representatives on December 6. At left is Minister of Health, Dr. the Hon. Christopher Tufton.

House Approves Bills for Development of Caymanas Park

9 years ago Finance & Public Service

Finance Minister Says Dollar Revaluation Due to Monitoring by Working Group

Minister of Finance and the Public Service, Hon. Audley Shaw, says the Jamaican dollar is experiencing a revaluation, due to the Working Group that he established to monitor the foreign exchange market. In late November, the Minister informed Parliament that he had established a stakeholder group of mainly persons in the financial sector to work with the Bank of Jamaica...

Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams, addresses the opening of the 12th Inter-American Network on Government Procurement (INGP) conference, at the Montego Bay Convention Centre, in St. James, on November 29.

9 years ago Finance & Public Service

State Minister Emphasises Importance of Public Procurement

Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams, says public procurement is a viable means of stimulating sustained economic growth and development. Mrs. Williams was speaking at the opening of the 12th Inter-American Network on Government Procurement (INGP) conference, at the Montego Bay Convention Centre in St. James, on November 29. The State...

Prime Minister, the Most Hon. Andrew Holness (right), looks over documents just before the start of a press conference at Jamaica House on Thursday (June 16), to announce road improvement projects to be undertaken by the Government. Looking on is Minister of Finance and the Public Service, Hon. Audley Shaw. (File Photo)

10 years ago Finance & Public ServiceOffice of the Prime Minister

New Oversight Committee for Standby Arrangement with IMF

Prime Minister, the Most Hon. Andrew Holness, has announced that a new Economic Programme Oversight Committee (EPOC) has been formed to oversee the implementation of the Government’s new standby arrangement with the International Monetary Fund (IMF). The renewed EPOC will be chaired by Group Chief Executive Officer of Jamaica Money Market Brokers, Keith Duncan, and co-chaired by Governor of the...

Finance and the Public Service Minister, Hon. Audley Shaw (centre), and State Minister, Hon. Fayval Williams (left), are greeted by Jamaica Civil Service Association (JCSA) President, O’Neil Grant, during the JCSA’s National Church Service at Hope United Church in St. Andrew, on Sunday, November 20. The service was held to mark the start of Civil Service Week 2016. The week is being observed from November 20 to 25 under the theme ‘Driving Change: Celebrating Excellence in a Transformed Public Sector’.

10 years ago Finance & Public Service

State Minister Says Public-Sector Transformation is Real

Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams, says the Government remains steadfast in its resolve to make public-sector transformation a reality. “There should be no doubt in anyone's mind that this Government is serious about public-sector transformation. Several bold steps have already been taken. The formation of an Economic Growth Council and...

Finance and Public Service Minister, Hon. Audley Shaw, emphasises a point while addressing the Public Investment Management System (PIMS) launch and sensitization forum at the Knutsford Court Hotel in New Kingston, on June 2. Listening keenly is Planning Institute of Jamaica (PIOJ) Deputy Director General, Richard Lumsden, who chaired the function. ( File Photo)

10 years ago Finance & Public Service

Moody’s Investor Services Upgrades Jamaica Sovereign Rating and Revises Outlook from Positive to Stable

Moody's Investors Service today upgraded Jamaica’s sovereign senior unsecured rating and provisional shelf ratings from Caa2 to B3 and revised the outlook from positive to stable. In response to this news, Minister of Finance and the Public Service, Honourable Audley Shaw, stated: “I welcome this news which represents an endorsement of the continued progress made by Jamaica in sound economic...

Minister of Finance and the Public Service, Hon. Audley Shaw (right), shares a joke with Bank of Jamaica Governor, Brian Wynter, during the 2nd LatinFinance Caribbean Finance and Investment Forum, held on November 17 at the Montego Bay Convention Centre.

10 years ago Finance & Public Service

Seamless Transition to the Formal Economy Deemed Vital

Finance and Public Service Minister, Hon. Audley Shaw, says the ease of doing business in Jamaica must facilitate a seamless transition of businesses operating informally to the formal economy. Speaking at the 2nd annual LatinFinance Caribbean Finance and Investment Forum at the Montego Bay Conference Centre on November 17, Mr. Shaw noted that potential entrepreneurs were often discouraged from utilizing...

10 years ago Finance & Public Service

Jamaica Reaffirms Commitment to Addressing Derisking

Finance and Public Service Minister, Hon. Audley Shaw, says Jamaica’s international partners can rest assured of the country’s commitment to addressing the challenges fuelling de-risking. This, he said, through its robust regulatory framework for anti-money laundering (AML) and combating the financing of terrorism (CFT), noting that Jamaica and neighbouring Caribbean territories “have been playing an important role” in this regard....