Latest

Finance and Public Service Minister, Hon. Audley Shaw (left), speaks with Jamaica Customs Agency (JCA) Chief Executive Officer and Commissioner of Customs, Major (Ret’d) Richard Reese, during a meeting at the entity’s head office in Newport East, Kingston, on Tuesday, August 9.

Minister Shaw Hails Work of Jamaica Customs

Finance and Public Service Minister, Hon. Audley Shaw, has hailed the Jamaica Customs Agency (JCA) as an important stakeholder in the country’s development. He said that in addition to revenue collections at the ports, the entity plays a key role...

Chief Executive Officer of the Jamaica Customs Agency, Major (Ret’d) Richard Reese, makes a point during a press briefing held at the Agency’s head office, New Port East, Kingston, on August 4. Looking on is Senior Director and Chief Information Officer, Jamaica Customs Agency, Andre Williams.

Jamaica Customs Reports $44.136 Billion in Net Revenue for April to June

Minister of Finance and the Public Service, Hon. Audley Shaw, addresses a sitting of the House of Representatives. (FILE)

PAYE Workers Urged to Spend Money Wisely

CEO of the Jamaica Customs Agency and Commissioner of Customs, Major (Ret’d) Richard Reese, addressing a meeting of the Kiwanis Club of downtown Kingston at the Hotel Four Seasons on Monday, July 25. (File photo)

Jamaica Customs Agency Moves to Further Boost Revenue Collection

Ambassador of the People’s Republic of China to Jamaica, His Excellency Niu Qingbao (fourth left, front row); Acting Director of the Scholarship and Assistance Unit of the Finance Ministry, Kelli-Ann Garrick (third left, front row); and President of the Jamaica-China Friendship Association Limited, Irena Cousins (second left, front row), with some of the recipients of scholarships to study in China. The occasion was the handover of Letters of Admission to universities in China, at the Chinese Embassy in Kingston on July 22.

Students get Letters of Admission to Study in China

10 years ago Finance & Public ServiceInformation

Foromic Conference October 24-26

The Forum on Markets Innovation and Capital (FOROMIC) conference will be held from October 24 to 26 in Montego Bay, St. James. FOROMIC is a space where business and financial institutions, particularly those working in microfinance and with micro, small, and medium enterprises, are able to showcase innovative products and services. Information Minister, Senator the Hon. Ruel Reid, gave details...

Minister of State in the Ministry of Finance and the Public Service, Hon. Fayval Williams (left); General Manager, Country Department, Caribbean Group, Inter-American Development Bank (IDB), Therese Turner-Jones (centre), sign the loan agreement for the US$100 million Financial System Reform Support Programme, during a ceremony at the Ministry’s Heroes Circle offices in Kingston, yesterday (July 21). Standing is Senior Negotiations Officer, International Programme, Management Branch, Ministry of Finance and the Public Service, Nadine James and at right is Executive Director, IDB, Jerry Butler.

10 years ago Finance & Public ServiceVision 2030

US$100 Million to Boost Investment

The Government has received a US$100-million loan from the Inter-American Development Bank (IDB), to increase access to financing for firms and individuals as well as improving the regulation and supervision of the country’s financial system. Dubbed the ‘Financial System Reform Support Programme’, the initiative seeks to promote private investment and reduce the cost of, and the perceived level of difficulty...

Prime Minister, the Most Honourable
Andrew Michael Holness, ON, PC, MP

10 years ago Finance & Public ServicePrime Minister

Positive and Fruitful Discussions with IMF Team – PM Holness

Prime Minister Andrew Holness yesterday (Wednesday, July 20) hosted a delegation from the International Monetary Fund headed by Mr. Nigel Chalk, Deputy Director of the Western Hemisphere Department, and Ms. Uma Ramakrishnan, Mission Chief for Jamaica. The Prime Minister was joined in the discussions by Minister of Finance, Hon. Audley Shaw, Governor of the Bank of Jamaica, Brian Wynter and...

Minister of Finance and the Public Service, Hon. Audley Shaw (right), delivers a Statement to the House of Representatives. (FILE)

10 years ago Finance & Public ServiceParliament

IMF Team to Discuss Programme Post Current Agreement

A team from the International Monetary Fund (IMF) is to arrive in the island on July 20 to discuss an appropriate programme for Jamaica, after the current agreement ends next year. Minister of Finance and the Public Service, Hon. Audley Shaw, made the announcement during a statement to the House of Representatives on Tuesday, July 19. “We are at this time...

Minister of State in the Ministry of Finance and the Public Service, Hon. Rudyard Spencer (centre), addresses the inaugural meeting of the Public Sector Monitoring Committee (PSMC) on July 14 at the Ministry’s Heroes Circle offices. He is joined at the head table by Director General in the Ministry, Ms. Dian McIntosh (left) and Deputy Financial Secretary of the Strategic Human Resource Management Division of the Ministry, Mr. Wayne Jones.

10 years ago Finance & Public Service

State Minister Commits to Advancing Cause of Public-Sector Workers

Minister of State in the Ministry of Finance and the Public Service, Hon. Rudyard Spencer, has committed to doing everything, along with the Public Sector Monitoring Committee (PSMC), to advance the cause of Jamaica’s public-sector workers. Mr. Spencer, addressing the inaugural meeting of the newly established Committee today (July 14), at the Ministry, said the mandate of the group is...

Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles.

10 years ago Finance & Public Service

Goods and Services More Competitive

Co-Chair of the Economic Programme Oversight Committee (EPOC), Richard Byles, says Jamaica’s goods and services have become more competitive over the past year, particularly in the past five months. Speaking at EPOC’s monthly media briefing at Sagicor Life’s offices in New Kingston today (July 13), Mr. Byles said the trailing 12-month inflation rate was 2.1 per cent, while the rate...

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.

10 years ago Finance & Public Service

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 in New Kingston, today (July 13). Mr. Byles hailed Tax Administration Jamaica (TAJ) for improvements in its tax collection mechanisms,...