The Bank of Jamaica (BoJ) is reporting that at the end of June 2014, the country’s Net International Reserves (NIR) increased to US$1.37 billion up from US$1.16 billion at the end of May 2014. The BoJ said the increase has resulted from growth in the country’s foreign assets and a decrease in its foreign liabilities. According to the central bank,...

A Bill to legislate the newly proposed Government public procurement regime is to be tabled in the House of Representatives shortly. The new regime outlines a number of activities which have either been undertaken or are slated for implementation to strengthen the procurement process. This was disclosed by Minister without Portfolio (Public Service), Ministry of Finance and Planning, Hon. Horace...

Government is mindful of the potential of iGaming or Internet Gaming and is reviewing the possibilities for regulating this platform in Jamaica, says Minister with Responsibility for the Public Service in the Ministry of Finance and Planning, Hon. Horace Dalley. “Internet Gaming is the future of gaming. This online gaming business is advancing and changing the model of the gambling industry...

Sixty-five contractors have been invited to submit their applications to the National Contracts Commission (NCC) for registration. They were among 84 contractors who were denied registration by the NCC on the grounds that the Office of the Contractor General (OCG) was investigating them and had referred their files to the Fraud Squad. Making his contribution to the 2014/15 Sectoral Debate...

Minister with responsibility for the Public Service in the Ministry of Finance and Planning, Hon. Horace Dalley, says the Casino Gaming Commission is ramping up its operations to prepare for the introduction of casino gambling in Jamaica. Mr. Dalley said among the preparations is the training of staff and bolstering of the legal framework, to ensure the Commission is completely...

The contract for the implementation of new software which will assist in streamlining human resource processes and procedures across the public sector, is expected to be awarded by September this year. This was disclosed by Minister with responsibility for the Public Service in the Ministry of Finance and Planning, Hon. Horace Dalley, during his contribution to the 2014/15 Sectoral Debate...

During the 2013/14 fiscal year, the intake from the Gaming Industry was $4.583 billion, an increase of 11 per cent over the previous fiscal year. This was disclosed by Minister with responsibility for the Public Service in the Ministry of Finance and Planning, Hon. Horace Dalley, during his contribution to the 2014/15 Sectoral Debate in the House of Representatives, on...