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Finance and Public Service Minister, Hon. Audley Shaw, responds to a question during a post-Budget media briefing at the Ministry’s offices at National Heroes Circle in Kingston on Friday, May 13.

New Income Tax Threshold Will Benefit Hard Working Jamaicans – Shaw

Finance and Public Service Minister, Hon. Audley Shaw, says the new $1.5 million income tax threshold is expected to have a positive effect on all hardworking Jamaicans. He said that well over 250,000 taxpayers, including self-employed persons, will benefit from...

Minister of Transport and Mining, Hon. Audley Shaw, CD, MP

Development of Marijuana Industry Urgent – Shaw

Minister of Finance and the Public Service, Hon. Audley Shaw, opening the 2016/17 Budget Debate in the House on May 12. His presentation was themed: ‘Partnership For Economic Growth’. Seated at left is Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Hon. Dr. Horace Chang.

$1.5 Million Income Tax Threshold for all PAYE Workers

Minister of Finance and Public Service, Audley Shaw (second left), with (from left): President of Jamaica Promotions Corporation (JAMPRO), Diane Edwards; Managing Director at the National Export-Import Bank of Jamaica (EXIM Bank), Lisa Bell and Chief Executive Officer at PetroCaribe Development Fund, Dr. Wesley Hughes. The occasion was EXIM Bank’s 30th anniversary customer appreciation event on May 6 at the bank’s offices on Hope Road.

Head of EXIM Bank Pledges Continued Support

State Minister in the Finance and Public Service Ministry, Hon. Fayval Williams (left), having a light exchange with President of the Customs Brokers and Freight Forwarders Association of Jamaica (CBFFAJ), Marcia Bent (right), at the group’s 50th anniversary banquet, held at the Jamaica Pegasus Hotel in New Kingston on May 7. At centre is the Association’s first President, Louis Williams, who was one of the persons honoured at the function.

Customs Brokers Hailed for Work in Global Trade

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10 years ago Budget 2016/2017Finance & Public Service

Experts Commend Finance Minister

Experts at the Ministry of Finance and the Public Service have indicated strong support for the benefits of the tax reform initiative announced by Portfolio Minister, Hon. Audley Shaw, on May 12. Opening the 2016/17 Budget Debate in the House, Mr. Shaw said the income tax threshold for all Pay As You Earn (PAYE) workers will be increased from $592,800...

10 years ago Budget 2016/2017Finance & Public ServiceLocal Government

NWC to Spend $8.7 Billion on Water and Sewerage Projects

The National Water Commission (NWC) is to spend $8.7 billion this fiscal year to improve the supply of potable water and rehabilitate sewage treatment facilities across the island. Minister of Finance and the Public Service, Hon. Audley Shaw, made the disclosure as he opened the 2016/17 Budget Debate in the House of Representatives on Thursday (May 12) under the theme:...

10 years ago Budget 2016/2017Finance & Public Service

NHT to Spend $23.6 Billion this Year

Minister of Finance and the Public Service, Hon. Audley Shaw, says the National Housing Trust (NHT) is expected to spend $23.6 billion on housing and other capital expenditure this year. He said the Trust will provide a mix of houses and residential lots in 42 developments across 11 parishes and is projecting to write new mortgages totalling approximately $16 billion....

10 years ago Budget 2016/2017Finance & Public Service

Gov’t to Achieve 7% Primary Surplus this Year – Finance Minister

Minister of Finance and the Public Service, Hon. Audley Shaw, has indicated that the focus this financial year is on adopting strategies geared towards achieving the primary surplus target of seven per cent of Gross Domestic Product (GDP). He said the figure represents the operational instrument being utilised to attain a Public Debt/GDP ratio of 96 per cent by the...

10 years ago Budget 2016/2017Finance & Public Service

Protection for the Most Vulnerable

A commitment to protect the most vulnerable in the society has been given by Finance and Public Service Minister, Hon. Audley Shaw. Opening the 2016/17 Budget Debate in the House, yesterday (May 12), the Minister said an allocation of $28.6 billion has been provided, up from $27.1 billion in 2015/2016, to ensure that the budget for social programmes is maintained....

10 years ago Budget 2016/2017Finance & Public Service

Budget to be financed through Mix of Revenue, Grants and Loans

The 2016/17 budget of $579.9 billion is to be financed through a mix of revenue, grants, loans and inflows from the PetroCaribe Development Fund. This was revealed by Minister of Finance and Public Service, Hon. Audley Shaw, when he opened the Budget Debate in the House, yesterday (May 12), under the theme: ‘Partnership for Economic Growth’. Revenue and grant inflows for...

10 years ago Finance & Public Service

IDB Supports Programmes to Improve Lives

The Caribbean Country Manager of the Inter-American Development Bank (IDB), Therese Turner-Jones, says the institution remains committed to supporting the implementation of programmes designed to improve the lives of residents across Latin America and the Caribbean. Speaking at the IDB’s public lecture at the Jamaica Pegasus Hotel, in New Kingston on May 2, Mrs. Turner-Jones said this forms the basis...