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Minister of Finance and Planning, Dr. the Hon. Peter Phillips (left), signs a copy of a grant agreement for the provision of $350 million (£1.9 million) for the implementation of the Government’s Strategic Public Sector Transformation Project, while Acting Country Representative, World Bank, Kathy Lalazarian; and British High Commissioner to Jamaica, David Fitton, wait to affix their signatures. The signing took place at the National Heroes Circle offices of the Ministry of Finance and Planning in Kingston today (January 15).

Govt Receives $350 Million Grant for Public Sector Transformation

The Government has received grant funding of $350 million (£1.9 million) from the United Kingdom (UK) to support the implementation of the Government’s Strategic Public Sector Transformation Project. To be administered by the World Bank, the funds are being provided...

The PetroCaribe Development Fund (PDF) will launch its new website on January 19, 2015 and visitors will be invited to explore its content at petrocaribejm.com or petrocaribejm.org.

PetroCaribe Development Fund Launches New Website

Acting President, University of Technology (UTech), Ambassador the Hon. Burchell Whiteman (second right) and General Manager, Strategic Services, Development Bank of Jamaica (DBJ), Claudine Tracey (second left), exchange copies of a Memorandum of Understanding (MoU) they signed, which will see the development of U-Touch 2, a multimedia software designed to enhance the learning process for deaf and hearing impaired students. The signing took place today (January 14), at UTech’s Papine campus in St. Andrew. Also pictured (from left) are: Dean, College of Business and Management, UTech, Dr. Paul Golding; and Deputy President, Professor Colin Gyles.

DBJ Provides $7.3 Million to Develop Software for Deaf Students

Co-Chair of the Economic Programme Oversight Committee (EPOC), Richard Byles, gives an update on the performance of the economy at a press briefing, held in New Kingston on January 13.

EPOC Co-Chair Also Confident Jamaica Will Pass IMF Quarterly Test

Chief Executive Officer of the Jamaica Customs Agency (JCA), Major Richard Reese.

JCA Has Disease Response Plan

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11 years ago Finance & Public Service

Employers Monthly Payroll Deductions (S01) Due Today

Employers are reminded that their Monthly Statutory Remittance payroll payments (S01) for the December period are due Wednesday, January 14, 2015 and are encouraged to file and pay these amounts on time to benefit from an Employment Tax Credit (ETC). The ETC allows eligible employers to make a claim when computing their income tax liability, starting with the year of...

11 years ago Finance & Public Service

Assistance for Employers to E-File Annual Returns (S02) Intensifies

Tax Administration Jamaica (TAJ), along with its partner agencies National Housing Trust (NHT), National Insurance Scheme (NIS) and Heart Trust/NTA, has stepped up activities to provide support to employers to meet the new mandatory e-filing requirement. Business persons can access assistance through a series of sessions to help them with electronically filing their Employers Annual Return (S02) to meet the...

Chief Executive Officer of the Jamaica Customs Agency, Major Richard Reese, informing JIS News of measures being implemented by the agency to reduce transaction and waiting times.

11 years ago Finance & Public Service

Jamaica Customs Implementing Measures to Reduce Transaction Time

As the Government moves to strengthen the public sector’s capacity to deliver high quality and efficient services, the Jamaica Customs Agency (JCA) is implementing new measures to streamline its business processes, so as to reduce transaction and waiting times for customers. “These customer service initiatives not only speak to the service delivery provided by our staff, but also all our...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, delivers the keynote address at the official opening of Scotia Group Jamaica Limited’s Fairview Financial Centre in Montego Bay, St. James on Wednesday (January 7).

11 years ago Finance & Public Service

New Budget Cycle this Year

The Government will be tabling the 2015/16 Budget in February, with the estimates of expenditure and revenue estimates to be laid in the House of Representatives at the same time. “We are having a new budget cycle this year. In February, we will be laying the estimates of expenditures and for the first time, it is proposed to lay the...

President and Chief Executive Officer of Scotia Group Jamaica Limited, Jacqueline Sharp, addresses the official opening of the bank’s Fairview Financial Centre in Montego Bay on Wednesday (January 7).

11 years ago Finance & Public Service

Scotia Bank Executives Praise Economic Programme

Two senior executives of one of the country’s leading financial institutions have come out in support of Government’s economic programme, stating that it is facilitating growth and raising the country’s investment profile internationally. Chief Executive Officer of Scotia Group Jamaica Limited, Jacqueline Sharp said that “right now Jamaica is poised for growth”. “We have seen the commitment so far demonstrated...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips (left), enjoys a light moment with Deputy Speaker of the House of representatives, Lloyd B Smith (centre); and Opposition spokesman on Housing and Water Climate Change, Dr. Horace Chang, during a tour of Scotia Group Jamaica Limited’s Fairview Financial Centre in Montego Bay, at its official opening on Wednesday (January 7).

11 years ago Finance & Public Service

Economy to Continue on Positive Path

There are signals of a continued uptick in the economy into the New Year, with Minister of Finance and Planning, Dr. the Hon. Peter Phillips, reporting positive developments in a number of areas. He noted that employment has increased and there are encouraging signs particularly as it relates to youth employment. Inflation for the calendar year is expected to be...

11 years ago Finance & Public ServiceOffice of the Prime Minister

Partnership for Jamaica Notes Jamaica is Meeting its Economic Reform Targets

Partners received an update on Jamaica’s progress and Budget report from the Minister of Finance and Planning, Dr. The Hon. Peter Phillips, at the first Partnership for Jamaica (PFJ) National Council meeting for 2015 and commended the Government for staying the course of Jamaica’s Economic Reform Programme and for consistently meeting the economic targets. President of the Private Sector Organisation...