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Some of the graduates who participated in the thirteen-month Tax Administration Jamaica (TAJ) Tax Audit and Revenue Administration (TARA) Post Graduate Diploma Programme, administered by the Management Institute for National Development (MIND), at the recent graduation ceremony, held at the Knutsford Court Hotel, in St. Andrew.

More Revenue Administrators to Assist Tax Payers

Clients of Tax Administration Jamaica (TAJ) can expect continued improvement in customer service, and the handling of their assessments, as emphasis is being placed on the training of Revenue Administrators by the agency. This was in evidence recently, as more...

Delivering his budget presentation in March this year, Dr. Phillips informed that for the current fiscal year of 2015/16, the DBJ has set a lending target to MSMEs of $4 billion.

Finance Minister Hints at Lower Interest Rates

Director General of the Planning Institute of Jamaica (PIOJ), Colin Bullock (foreground), addresses the PIOJ’s Quarterly Press Briefing at its Oxford Road offices in Kingston today (May 12). Also pictured is Deputy Director General, Economic Planning and Policy Logistics, PIOJ, Richard Lumsden.

PIOJ Reports 0.3 Per Cent Growth for January to March

Minister with responsibility for the Public Service in the Ministry of Finance and Planning, Hon. Horace Dalley (standing 5th right), and Chief Medical Officer in the Ministry of Health, Dr. Marion Bullock DuCasse (standing 3rd left), poses with members of the visiting Chinese ophthalmology team, at a welcome ceremony on Monday (May 18), at the Kingston Public Hospital (KPH). Others (standing from 4th left) are: Deputy Director General, Beijing Health and Family Planning Commission of the People’s Republic of China, Mao Yu; Chinese Ambassador to Jamaica, His Excellency Dong Xiaojun; and President of the Beijing Tongren Hospital, Dr. Wu Jixiang.

200 Cataract Patients to Receive Free Eye Surgery

Minister of Finance and Planning, Hon. Dr. Peter Phillips. (FILE)

Finance Minister Leads Jamaican Delegation to 45th Annual Meeting of the CDB

11 years ago Finance & Public Service

Implementation of Withholding Tax on Specified Services Date Postponed

The Ministry of Finance and Planning (MOFP) is advising that the implementation of withholding tax on specified services is postponed, until further notice. The Minister of Finance and Planning, Dr. the Honourable Peter Phillips and the Commissioner General, Tax Administration Jamaica (TAJ), Mr. Ainsley Powell recently met with stakeholders from various private sector groups and have agreed to delay implementation...

11 years ago Finance & Public Service

Withholding Tax on Specified Services to be implemented June 1

Tax Administration Jamaica (TAJ) is advising that after careful consideration, withholding tax on specified services will now be implemented on June 1, 2015. The new legislation will be introduced on a phased basis. At this time only Government Ministries, Departments and Agencies, as well as financial institutions regulated by the FSC and BOJ, tourism operators, utility and cable companies, grossing...

Manager of Revenue Enhancement and Resource Mobilization in the Ministry of Local Government and Community Development, Calvert Thomas, addressing a recent JIS ‘Think Tank’.

11 years ago Finance & Public ServiceJIS Think Tank

Persons Can Apply for Property Tax Relief

Manager of Revenue Enhancement and Resource Mobilisation at the Ministry of Local Government and Community Development, Calvert Thomas, says the Government is willing to work with persons who may have challenges to meet their property tax obligations. Mr. Thomas told JIS News that Jamaicans who find themselves in situations where they cannot pay their property tax may apply for a...

Finance and Planning Minister, Dr. the Hon. Peter Phillips (left), listens as newly appointed International Monetary Fund (IMF) Mission Chief to Jamaica, Dr. Uma Ramakrishnan, addresses journalists at Tuesday’s (May 12) media briefing at the Ministry’s offices in Kingston, where details of the country’s eighth IMF programme quarterly review, for January to March 2015, were announced.

11 years ago Finance & Public Service

IMF Appoints New Mission Chief for Jamaica

The International Monetary Fund (IMF) has appointed one of its top advisors, Dr. Uma Ramakrishnan, as its new Mission Chief for Jamaica. Dr. Ramakrishnan, who served in a similar capacity in El Salvador, prior to her assignment to Jamaica, takes over from Dr. Jan Kees Martijn, who was the first Mission Chief under the country’s current four-year US$932 million IMF...

Finance and Planning Minister, Dr. the Hon. Peter Phillips (left), listens keenly as Chief of the International Monetary Fund’s (IMF) Staff Mission Team to Jamaica, Dr. Uma Ramakrishnan, addresses journalists at Tuesday’s (May 12) media briefing at the Ministry’s offices in Kingston, where details of the country’s eighth IMF quarterly review, for January to March 2015, were outlined.

11 years ago Finance & Public Service

Jamaica on Track to Get $40 Million from IMF

Jamaica is on course for a ninth drawdown from the International Monetary Fund (IMF), totalling US$40 million, based on the country’s performance during the January to March quarter, despite recording a shortfall in the 7.5 per cent primary surplus target for fiscal year 2014/15. Set a target of $121.3 billion for the end of March 2015, Jamaica registered $117.2 billion,...

11 years ago Finance & Public Service

No Fall-Out Anticipated From 2014/15 Primary Surplus Shortfall

Head of the Department of Economics, University of West Indies (UWI), Mona, St. Andrew, Dr. Damien King, says no fall-out is anticipated from Jamaica’s four-year Extended Fund Facility (EFF), despite the country recording a budgetary primary surplus shortfall for the 2014/15 fiscal year. Set a target of $121.3 billion for the end of the March 2015 quarter, Jamaica registered $117.2...

Co-Chair of the Economic Programme Oversight Committee (EPOC), Richard Byles, emphasizes a point as he addresses journalists at EPOC’s monthly press briefing held today (May 5), at Sagicor’s head office in Kingston.

11 years ago Finance & Public Service

EPOC Expects Positive Review from IMF

Co-Chair of the Economic Programme Oversight Committee (EPOC), Richard Byles, says Jamaica is in a good position to receive a positive performance rating from the International Monetary Fund (IMF) despite missing the primary balance target for March. Set a target of $121.3 billion for the end of the March quarter, Jamaica registered $117.2 billion, a shortfall of $4.1 billion. The...