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Co-Chair of the Economic Programme Oversight Committee (EPOC), Richard Byles, addresses Journalists at its monthly press conference at the Sagicor Head offices in Kingston.

EPOC Expresses Strong Optimism

The body set up to monitor the country’s economic reform programme (ERP) is expressing strong optimism that Jamaica’s economy will continue its positive performance this fiscal year. The Economic Programme Oversight Committee (EPOC), co-chaired by Richard Byles, says several critical...

Manager of Communications and Research at the Betting Gaming and Lotteries Commission (BGLC), Jana Bent, outlines measures undertaken to increase public awareness of the amendments to the Betting Gaming and Lotteries Act. Ms. Bent was speaking at a JIS Think Tank on Thursday, June 4.

Lotteries Commission Increasing Awareness about New Standards and Regulations

Manager of Communications and Research at the Betting Gaming and Lotteries Commission (BGLC), Jana Bent, outlines measures undertaken to increase public awareness of the amendments to the Betting Gaming and Lotteries Act. Ms. Bent was speaking at a JIS Think Tank on Thursday, June 4.

Gaming Industry Summit on June 18

Financial Secretary, Ministry of Finance and Planning, Devon Rowe (left), converses with Head of the Procurement and Asset Policy Unit in the Ministry, Cecile Maragh, during a breakfast meeting with permanent secretaries and heads of entities, to outline the benefits of the public procurement reform process, held today (June 5), at the Jamaica Pegasus in New Kingston. At centre is Commissioner of Lands, National Land Agency (NLA), Elizabeth Stair.

Pilot Of E-Government Procurement System Begins July

Managing Director of the Development Bank of Jamaica, (DBJ), Milverton Reynolds (third right), presents Director and Chief Executive Officer of the Environmental Health Foundation (EHF), Novlet Deans (third left), with a signed copy of the Memorandum of Understanding (MoU) for the provision of grant funding to the EHF, to carry out a development project in Parade Gardens, South Central Kingston. Others (from left) are: Board Director, EHF, Edward Bailey; Vice President, Parade Gardens Community Centre, Shaka Payne; Technical Specialist with the Community Renewal Programme, Planning Institute of Jamaica (PIOJ), Charmaine Brimm; and General Manager, Strategic Services Division, DBJ, Claudine Tracey. The MoU was signed today (June 4), during a press briefing held at the DBJ’s offices on Oxford Road, Kingston.

DBJ Provides $6.9 Million For Development Project In Parade Gardens

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11 years ago Finance & Public Service

House Debates Committee Report on Public Procurement Act

The House of Representatives, on Tuesday, June 2, started debate on the Joint Select Committee Report on the Public Procurement Act. The legislation is aimed at modernising Jamaica’s public procurement laws and will reflect new policy thinking and international best practices in the area. Minister without Portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, who chaired the...

Finance and Planning Minister, Dr. the Hon. Peter Phillips, speaking at the 2015 Jamaica Co-operative Credit Union League Limited Convention and the 74th Annual General Meeting, held at the Hilton Rose Hall Resort on May 29. He congratulated the Credit Union Movement for the role it has been playing in the development of the financial sector.

11 years ago Finance & Public Service

Finance Minister Commends Credit Union Movement

Finance and Planning Minister, Dr. the Hon. Peter Phillips, has commended the Credit Union Movement for being “one of the fundamental building blocks of modern Jamaican society.” Addressing the 2015 Jamaica Co-operative Credit Union League Limited Convention and 74th Annual General Meeting at the Hilton Rose Hall Hotel in Montego Bay, St. James, on May 29, Dr. Phillips said the...

11 years ago Finance & Public Service

Wage Negotiations Must Protect Jobs in Public Sector – Financial Secretary

Financial Secretary, Devon Rowe, says negotiations for wages must be handled with great care to protect jobs in the public sector. “In the face of growth of 0.4 per cent (in 2014) we have to be careful in terms of how we agree to wages because they may not be sustainable. I think we need to engage in discussions that...

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...

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.

11 years ago Finance & Public Service

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 Revenue Administrators participated in a Tax Audit and Revenue Administration (TARA) Post Graduate Diploma Programme, administered by the Management Institute...

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.

11 years ago Finance & Public Service

Finance Minister Hints at Lower Interest Rates

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says the Government is committed to creating an environment that will enable the further lowering of interest rates in the banking sector. “Those interest rates are trending down and they are trending down for a variety of reasons, but a main one is that the Government has restrained itself from...

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.

11 years ago Finance & Public Service

PIOJ Reports 0.3 Per Cent Growth for January to March

Jamaica’s economy grew by 0.3 per cent for the first quarter of the year, relative to the corresponding period in 2014, the country’s chief planning agency, the Planning Institute of Jamaica (PIOJ), is reporting. Director General of the PIOJ, Colin Bullock, said the services sector was the main driver of growth for the quarter. He was providing details of the...