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Minister of Finance and Planning, Dr. the Honourable Peter Phillips in discussion with Christine Lagarde, Managing Director of the International Monetary Fund(IMF) on her arrival at the airport today.

Head of IMF Arrives for Three-Day Visit

Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, arrived in the island tonight (June 26), for a three-day visit. Ms. Lagarde was met on arrival at the Norman Manley International Airport by Chief of State Protocol, Ambassador...

World Bank Representative in Jamaica, Giorgio Valentini (2nd right), assists Jamaica Social Investment Fund (JSIF) Managing Director, Scarlette Gillings (3rd left) to unveil a commemorative plaque during Thursday’s (June 26) symbolic opening of the Central Village Multi-Purpose Centre in St. Catherine. The facility was constructed by JSIF on land provided by Jamaica Red Cross, at a cost of $121.9 million. Financing was provided under JSIF’s World Bank-funded Inner City Basic Services Project (ICBSP), and by residents of Central Village. Sharing in the moment (from left) are: Director General, Jamaica Red Cross, Yvonne Clarke; President, Central Village Benevolent Society (CVBS), Dwight Pecco; and CVBS Secretary, Natalee McDonald.

Central Village Gets Multi-Purpose Centre

Chief Strategic Planner, Carrington Morgan (left), outlining details of Gas Products Limited’s (GASPRO) ‘Street Style Cook-Up’ Initiative. Listening keenly is Community Renewal Programme (CRP) Socio-economic Development Technical Specialist at the Planning Institute of Jamaica (PIOJ), Charmaine Brimm.

PIOJ Partners with GASPRO to Uplift Inner-City Communities

The headquarters of the International Monetary Fund (IMF) in Washington, D.C., United States.

IMF Executive Board Concludes Fourth EFF Review

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

World Bank Report Projects Stronger Growth For Jamaica

12 years ago Finance & Public Service

New Minimum Business Tax due June 15

Tax Administration Jamaica (TAJ) is reminding companies and individuals in business that the first payment of $30,000 for the new Minimum Business Tax (MBT) is due by June 15. Payment is to be made at any tax office, using a payment advice. The MBT, which was implemented in April 2014, requires persons operating a business to pay a Minimum Business...

12 years ago Finance & Public Service

DBJ to Facilitate Venture Capital and Private Equity Transactions

The Development Bank of Jamaica (DBJ) is implementing a number of initiatives aimed at facilitating venture capital and private equity transactions in the island. These will be undertaken with technical assistance from the Inter-American Development Bank (IDB). Minister of State in the Ministry of Science, Technology, Energy and Mining, Hon. Julian Robinson made the disclosure during his contribution to the...

Technical Specialist at the Tax Administration Jamaica (TAJ), Donna Newman outlines new tax reform measures at a JIS Think Tank on June 2, 2014 at the Agency’s head office in Kingston.

12 years ago Finance & Public ServiceJIS Think Tank

Government Revises GCT on Imported Services

Technical Specialist at Tax Administration Jamaica (TAJ), Donna Newman, says the Government has “revised and revamped” how General Consumption Tax (GCT) is applied to imported services. Resident tax payers will now be required to pay GCT on any service that would normally be taxable if it was supplied locally. Ms. Newman, who was addressing a recent JIS ‘Think Tank’, explained...

12 years ago Finance & Public Service

IMF Managing Director Christine Lagarde Visits Jamaica

The Government of Jamaica has announced the visit of Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, and her delegation to Jamaica. On Friday, June 27, 2014, Ms. Lagarde will meet with Prime Minister, the Most Hon. Portia Simpson-Miller; Minister of Finance and Planning, Dr. the Hon. Peter Phillips and other senior officials in the Government. Profile...

Collector of Customs at the Jamaica Customs Agency, Karlene Newman, outlines details of new taxes which took effect on June 1 at a JIS Think Tank at the agency’s head office on Monday June 2.

12 years ago Finance & Public ServiceJIS Think Tank

Stamp Duty on Alcoholic Beverages Reduced

Stamp duty rates on alcoholic beverages have been reduced, effective June 1, as part of the Government’s strategy for the systematic unification of the rates of taxation. Importers of beverages such as wines, liquors and cordials will now enjoy a US$00.60 reduction in stamp duty from US$1.60 to US$1 while beers have been reduced from US$00.90 to US$00.60 per litre....

12 years ago Finance & Public Service

TAJ and Jamaica Customs Ready for Queries on Tax Reform Measures

With the introduction of a number of tax reform measures on June 1, Tax Administration Jamaica (TAJ) and Jamaica Customs Agency (JCA) have put strategies in place to meet an expected influx of queries from taxpayers. This was disclosed by Technical Specialist at TAJ, Donna Newman and Collector of Customs, (JCA) (Kingston), Karlene Henry as they addressed a JIS Think...

12 years ago Finance & Public Service

Government Continues to Improve Access to Micro Financing – Dr. Phiillips

Minister of Finance and Planning, Dr. the Hon. Peter Phillips has reiterated that notwithstanding some of the challenges that exist in the micro financing sector, it remains an area of critical focus for the Government. He says this has been demonstrated over the past several years by deliberate strategies to address the constraints facing the sector. Minister Phillips was addressing...