Latest

Minister of Finance and Public Service, Hon. Audley Shaw (left), is presented with his Instrument of Appointment by Governor-General, His Excellency the Most Hon. Sir Patrick Allen during the swearing-in ceremony for Cabinet Ministers at King’s House on March 7.

New Finance Minister To Hit The Ground Running

Newly appointed Minister of Finance and Public Service, Hon. Audley Shaw, says the Government is committed to unlocking the growth potential of the country while remaining fiscally prudent. “We are committed to continuing on a path of fiscal prudence while...

Governor of the Bank of Jamaica (BOJ), Brian Wynter (left), addresses the media at the Bank’s quarterly press briefing at its headquarters in downtown, Kingston, on March 7. At right is Senior Deputy Governor, John Robinson.

BOJ Governor Calls for Focus on Increasing Investments

Director General of the Planning Institute of Jamaica (PIOJ), Mr. Colin Bullock, addresses the PIOJ quarterly economic press briefing, on Thursday, March 3, at the PIOJ headquarters on Oxford Road, in Kingston.

Positive Economic Outlook for Current Quarter – PIOJ

Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, addressing journalists at the monthly media briefing at Sagicor Life Jamaica Limited’s head office, in New Kingston, on February 23.

Gov’t Should Maintain Fiscal Policies After IMF Agreement Ends – Byles

Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, addressing journalists at the monthly media briefing at Sagicor Life Jamaica Limited’s head office, in New Kingston, on February 23.

Tax Revenue $6.6 Billion Above Budget

More

10 years ago Finance & Public Service

Finance Minister Meets EPOC Co-Chairs

Minister of Finance and the Public Service, Hon. Audley Shaw and Minister of State Hon. Fayval Williams, today met with co-chairs, Richard Byles and Governor Brian Wynter of the Economic Programme Oversight Committee (EPOC) for a briefing on the work of the committee. In the meeting, the Finance Minister expressed appreciation for the contribution of EPOC through its oversight of...

10 years ago Finance & Public Service

Pensioners Urged to Submit Life Certificates

The Accountant General Department (AGD) is urging pensioners who have not submitted their life certificates for the January to March quarter, to do so as soon as possible, or risk non-disbursement of their pension payments. In an interview with JIS News, Client Services Manager at the AGD, Tanisha Weir Grant, says thousands of pensioners are at risk of not receiving...

10 years ago Finance & Public ServiceMining

DBJ Funding Available For Mining Entities

The Development Bank of Jamaica (DBJ) is reminding entrepreneurs in the mining industry that they can access funding through the bank’s credit facility for small and medium-sized enterprises (SMEs). Account Executive at DBJ, Mark McKenzie, informed that through its network of approved financial institutions (AFIs), the DBJ guarantees loans of up to 80 per cent for entities, up to a...

Co-Chairman of the Economic Programme Oversight Committee (EPOC), Richard Byles, addressing journalists at the monthly media briefing at Sagicor Life Jamaica Limited’s head office, in New Kingston, on February 23.

10 years ago Finance & Public Service

Jamaica Surpasses IMF Primary Surplus and NIR Targets

Jamaica surpassed the International Monetary Fund (IMF) Primary Surplus and Net International Reserve (NIR) targets for the October to December 2015 quarter, and is well positioned to pass the 11th economic review for the period. Economic Programme Oversight Committee (EPOC) Co-Chairman, Richard Byles, says the Primary Surplus stood at $66 billion, which exceeded the $60.7 billion target, while the NIR...

Managing Director of the Development Bank of Jamaica (DBJ), Milverton Reynolds, addresses the launch of the Private Sector Organization of Jamaica’s (PSOJ) Corporate Governance Code for Micro, Small and Medium-sized Enterprises (MSMEs) on February 12, at the PSOJ head office in Kingston.

10 years ago Finance & Public Service

DBJ Partners with PSOJ to Provide Technical Support to SMEs

The Development Bank of Jamaica (DBJ) is partnering with the Private Sector Organisation of Jamaica (PSOJ) for the management of the DBJ’s Voucher for Technical Assistance (VTA) programme. The entities recently signed a Memorandum of Understanding (MoU) to outline details of the arrangement, under which Small and Medium-sized Enterprises (SMEs) will be able to access a variety of business support...

Leader of the Opposition, Dr. Peter Phillips.

10 years ago Finance & Public Service

No Wide-Scale Redundancies in Public Sector – Dr. Phillips

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, has reiterated that there will be no wide-scale redundancies within the public sector. “There is no such plan,” Dr. Phillips asserted, while speaking in the House of Representatives, recently. He noted, however, that a number of posts within the civil service have been abolished and there are plans to abolish...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips (centre), displays the 2015 Latin America Bond Deal of the Year Award at the International Financing Review (IFR) award ceremony, held on February 10, at the headquarters of the IFR in Times Square, Manhattan, New York. Sharing in the occasion (from left) are: Thompson Reuters Bureau Chief of the Americas, John Doran; Managing Director and Head of Latin America Capital Markets Organization, Citi Global Group, Christopher Gilford; Technical Advisor to Minister Phillips, Helen McIntosh; Financial Secretary, Donovan Rowe; Dian Black of the Ministry of Finance, and Maxim Vernon from Merrill Lynch.

10 years ago Finance & Public ServiceJamaican Diaspora

Bond Deal of the Year Award Shows Confidence in Country – Finance Minister

Finance and Planning Minister, Dr. the Hon. Peter Phillips, says the Latin America Bond Deal of the Year award given to Jamaica by the International Financing Review (IFR), shows the level of confidence which the international community has in the country. Accepting the award at the IFR 2015 America’s Award ceremony, at the IFR headquarters in Time Square, Manhattan, on...