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Minister without Portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley (right), in discussion with Minister without Portfolio in the Ministry of Transport and Works, Hon. Dr. Morais Guy (left), at the launch of Jamaica’s first electronic procurement portal, by the Ministry of Finance and Planning, at the Pegasus Hotel on July 31. At centre is Project Manager in the Finance and Planning Ministry, Mr. John M. Thompson.
Minister without Portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley (right), in discussion with Minister without Portfolio in the Ministry of Transport and Works, Hon. Dr. Morais Guy (left), at the launch of Jamaica’s first electronic procurement portal, by the Ministry of Finance and Planning, at the Pegasus Hotel on July 31. At centre is Project Manager in the Finance and Planning Ministry, Mr. John M. Thompson.

Electronic Procurement System Launched

The Ministry of Finance and Planning has launched Jamaica’s first electronic  procurement platform, which will significantly improve efficiency and transparency in the acquisition of goods, services and works. The E-Procurement System, launched on July 31 under the theme: ‘Faster, Easier...
) Minister with responsibility for the Public Service, Ministry of Finance and Planning, Hon. Horace Dalley (left), is presented with a signed copy of the agreement formalizing the United Nations Development Programme’s (UNDP) provision of approximately $11.7 million (US$100,000) in grant funding support for the Ministry’s Change Management Programme, by UNDP Country Representative in Jamaica, Dr. Arun Kashyap. The signing and presentation took place at the Ministry’s head office in Kingston, on Friday, July 31.
) Minister with responsibility for the Public Service, Ministry of Finance and Planning, Hon. Horace Dalley (left), is presented with a signed copy of the agreement formalizing the United Nations Development Programme’s (UNDP) provision of approximately $11.7 million (US$100,000) in grant funding support for the Ministry’s Change Management Programme, by UNDP Country Representative in Jamaica, Dr. Arun Kashyap. The signing and presentation took place at the Ministry’s head office in Kingston, on Friday, July 31.

Gov’t Receives $11.7m Grant from United Nations Development Programme
Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles. (FILE)
Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles. (FILE)

Byles Proposes US $1 Billion Job Creation Fund
Co-Chairman of the Government’s Economic Programme Oversight Committee (EPOC), Richard Byles, addresses the launch of the Montego Bay Chamber of Commerce and Industry’s ‘MoBay Expo,’ at the Wexford Hotel on Wednesday, July 29.
Co-Chairman of the Government’s Economic Programme Oversight Committee (EPOC), Richard Byles, addresses the launch of the Montego Bay Chamber of Commerce and Industry’s ‘MoBay Expo,’ at the Wexford Hotel on Wednesday, July 29.

EPOC Co-Chair Supports Pay Down of Petro Caribe Debt
Minister with responsibility for the Public Service, Hon. Horace Dalley (at podium), addresses a ceremony to launch the Caribbean Policy Research Institute (CaPRI) report, entitled: ‘Reforming Public Sector Reform’ at the Spanish Court Hotel in New Kingston on July 28. Pictured at the head table is Co-Executive Director, CaPRI, Dr. Christopher Tufton.
Minister with responsibility for the Public Service, Hon. Horace Dalley (at podium), addresses a ceremony to launch the Caribbean Policy Research Institute (CaPRI) report, entitled: ‘Reforming Public Sector Reform’ at the Spanish Court Hotel in New Kingston on July 28. Pictured at the head table is Co-Executive Director, CaPRI, Dr. Christopher Tufton.

Gov’t Moving Ahead With Plan To Merge, Close, Privatise Entities

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Finance and Planning Minister, Dr. the Hon Peter Phillips. (FILE)
Finance & Public Service

Highest Sum Ever Raised Through Bonds – Finance Minister

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says the US$2 billion  raised  through the issue of two bonds on the international capital market, is the highest ever. “This is more than twice our previous largest, which was US$800 million, at the lowest interest rates ever achieved by Jamaica in the international markets,” Dr. Phillips said. The Minister...
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Chief Technical Director in the Ministry of Finance and Planning’s Financial Investigation Division (FID), Robin Sykes, is in discussion with Chairman of the Jamaica Association for Micro Financing (JAMFIN), Dr. Blossom O’Meally-Nelson; and Branditise.com Chief Executive Officer, Wayne Marsh. Occasion was JAMFIN’s quarterly meeting held on July 22 at the Ministry of Investment, Industry and Commerce Training Room in Kingston.
Finance & Public Service

Regulation of Microfinance Firms Will Protect Sector against Money Laundering

Legislation being prepared for the regulation of microfinance firms will protect the sector against money laundering. Chief Technical Director in the Ministry of Finance and Planning’s Financial Investigations Division (FID), Robin Sykes, told JIS News that the regulation of the sector will feed into anti-money laundering measures being advanced. He said that once the law is in place and the...
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Minister without Portfolio, Ministry of Finance and Planning, Hon. Horace Dalley (2nd left), listens to comments during Thursday’s (July 23) Trade Facilitation Task Force (TF2) meeting held at the New Kingston offices of the Ministry of Industry, Investment, and Commerce. Others (from left), are: TF2 Chair, Patricia Francis; Industry, Investment, and Commerce Minister, Hon. Anthony Hylton; and State Minister, Hon. Sharon Ffolkes-Abrahams.
CommerceFinance & Public Service

Improving Trade Facilitation Critical – Dalley

Minister without Portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, says improving trade facilitation is critical in achieving the levels of economic growth that the country requires. He was speaking against the background of the World Bank’s recent Doing Business study, which states that Jamaica could record growth averaging five per cent per annum, if the country’s...
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Deputy Financial Secretary, Ministry of Finance and Planning, Ann Marie Rhoden (left), and Director General, Dianne McIntosh (2nd left), are engaged in discussion with Asian Development Bank (ADB) Representative, Richard Prebble (right), following his arrival, along with a delegation from the multilateral financial institution, at the Norman Manley International Airport, in Kingston, on Sunday (July 19), for four-day visit from July 20 to 23. Listening keenly is ADB Pacific Private Sector Development Specialist, Laure Darcy.
Finance & Public Service

Progress in Performance of Public Enterprises – ADB Study

The Government is making progress in improving the performance and management of public enterprises. This is highlighted in a study done by the Asian Development Bank (ADB), which was presented to Senior Policy makers and senior executives of the Government by a delegation from the bank. The members, who are currently in the island, will end their visit on July...
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Minister of Finance and Planning, Dr. the Hon. Peter Phillips (left), is greeted by Canadian High Commissioner to Jamaica, His Excellency Robert Ready, at the official launch of the Revenue Appeals Division (RAD) today (July 22), Ocean Boulevard, downtown Kingston. In background is Financial Secretary, Devon Rowe.
Finance & Public Service

Revenue Appeals Division Officially Launched

Aggrieved taxpayers can now avoid lengthy court sessions by having their disputes quickly resolved at the newly established Revenue Appeals Division (RAD). The division, located at the Office Centre Building, Ocean Boulevard, downtown Kingston, was officially launched during a ceremony at that location on Wednesday, July 22. The RAD, which became operational on July 1, 2015, was created under the...
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Former Minister of State-Owned Enterprises in New Zealand, Hon. Richard Prebble (centre), emphasises a point at a JIS Think Tank on Tuesday (July 21). Others (from left) are State-owned Enterprise Adviser to the Asian Development Bank (ADB), Laure Darcy; and Deputy Financial Secretary with responsibility for Public Enterprises in the Ministry of Finance and Planning, Ann-Marie Rhoden. The ADB team is in the island to present their report ‘Finding Balance 2014: Benchmarking the performance of State-Owned Enterprises in Island Countries’ to policy makers and senior executives of the Government of Jamaica.
Finance & Public ServiceJIS Think Tank

Gov’t Looking To List Entities To Be Privatised On Jamaica Stock Exchange

The Government of Jamaica is moving to change the model used for privatisation of state-owned entities. Deputy Financial Secretary with responsibility for Public Enterprises in the Ministry of Finance and Planning, Ann-Marie Rhoden, said the Ministry is looking at listing public entities that are suitable for privatisation on the Jamaica Stock Exchange (JSE). Mrs. Rhoden, who was speaking at a...
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