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

Finance Minister and GOJ Delegation Return from Annual IMF/World Bank Spring Meetings

The Honourable Audley Shaw, Minister of Finance and the Public Service, State Minister Fayval Williams, and technical teams from the Ministry and the Bank of Jamaica returned from Washington, DC on Monday after holding a series of meetings with the...

In this file photo, Minister of State in the Ministry of Finance and the Public Service, Hon. Rudyard Spencer (right); and Negotiating Officer at the Bustamante Industrial Trade Union (BITU) representing Public Sector Pharmacists, Elvis Lennon (centre); sign the Heads of Agreement for the 2015/2017 contract period.

Pharmacists Sign Wage Agreement

Economic Programme Oversight Committee (EPOC) Co-Chairman, Richard Byles, addressing EPOC’s monthly media briefing held recently at Sagicor Life Jamaica Limited’s head office in New Kingston,

Lower Commodity Prices Saved Jamaica US$911 Million Last Year

Left to right: The Hon. Audley Shaw CD, MP, Minister of Finance and the Public service; Ainsley Powell, Commissioner General, Tax Administration of Jamaica (TAJ); Bevon Sinclair, Technical Specialist-TAJ; Ian Wood, APA expert.

Finance Minister wants non-adversarial approach to Transfer Pricing Implementation

Further Decline in Jamaica’s Current Account Deficit

10 years ago Budget 2016/2017Finance & Public Service

Finance Ministry Transformation Project gets $35 Million

The Government has allocated $35.5 million in the 2016/17 Estimates of Expenditure to continue activities under the Public Sector Transformation Programme. The Estimates were tabled in the House of Representatives on April 14 by Minister of Finance and the Public Service, Hon. Audley Shaw. One of the main objectives of the programme entitled, ‘Public Sector Transformation - Support the Ministry...

10 years ago Budget 2016/2017Finance & Public Service

Transformation Project gets $651 Million

A sum of $651 million has been allocated to the Strategic Public Sector Transformation Project in the 2016/17 Estimates of Expenditure, now before the House of Representatives. The project, which is being funded by the United Kingdom’s Department for International Development, the Government of Jamaica and the International Bank for Reconstruction and Development, is aimed at strengthening public resource management...

10 years ago Budget 2016/2017Finance & Public Service

$15 Million for JAMTAX

The Jamaica Business Taxation Reform (JAMTAX) has been given $15.7 million in the 2016/17 Estimates of Expenditure, now before the House of Representatives. The project seeks to improve the regulatory, institutional and administrative framework for business taxation by reforming the tax appeal process and legislative framework. Allocation for this fiscal year will be used to: complete the Tax Compliance Cost...

10 years ago Finance & Public ServiceOffice of the Prime Minister

NIDS Project Gets $15 Million

A sum of $14.98 million is to be spent this year on the continued development of a National Identification System (NIDS) for Jamaica. The money has been made available in the 2016/17 Estimates of Expenditure, now before the House of Representatives. The project aims to establish a reliable identification system for Jamaicans and other nationals resident in the country, with...

10 years ago Budget 2016/2017Finance & Public Service

$361.58 Million Project to Benefit Groups Most at Risk for HIV

A total of $361.58 million has been earmarked for a project aimed at promoting safer sex practices among groups at high risk for HIV transmission. The allocation, to the HIV prevalence in Most-at-Risk Population Reduced Project in the Ministry of Health, is contained in the 2016/17 Estimates of Expenditure, now before the House of Representatives. The initiative, which started in...

Finance and Public Service Minister, Hon. Audley Shaw (left), shares a light moment with Jamaica Stock Exchange (JSE) General Manager, Marlene Street-Forrest, during the University of Technology’s (UTech) Money, Banking and Finance Conference, held at the institution’s main campus in Papine, St. Andrew, on Wednesday, April 13.

10 years ago Finance & Public Service

Minister Shaw Hails Junior Stock Market’s Success

Finance and the Public Service Minister, Hon. Audley Shaw, has hailed the success of the Jamaica Stock Exchange (JSE) Junior Market. He says since its inception in 2009, the Junior Market has, to date, generated over $4.3 billion from trading involving the stocks of the 23 companies listed. Additionally, he said the Index grew from 100 points at the outset,...

Prime Minister, The Most Hon. Andrew Holness (right) and Minister of Finance and the Public Service, Hon. Audley Shaw, confer in the House of Representatives on April 14, where the 2016/17 Estimates of Expenditure and Revenue Estimates were tabled.

10 years ago Budget 2016/2017Finance & Public Service

$579.93 Billion Budget for 2016/17

The Government is projecting to spend $579.93 billion for the 2016/17 fiscal year. This amount is 28 percent less than the $808 billion Revised budget for financial year 2015/16. Details of the projections are contained in the Estimates of Expenditure, which were tabled in the House of Representatives on Thursday (April 14), by Minister of Finance and Public Service, Hon....