Minister with Responsibility for the Public Service in the Ministry of Finance and Planning (MOFP), the Hon. Horace Dalley, has assured workers employed under the South East Regional Health Authority (SERHA) that immediate steps will be taken to resolve the outstanding issues relating to the non-remittal of salary deductions. Minister Dalley made the disclosure on Friday, May 1, at a...

The Passport, Immigration and Citizenship Agency (PICA) and Statistical Institute of Jamaica (STATIN) have signed a Memorandum of Understanding (MoU) that will see both entities sharing data, under an inter-agency collaboration arrangement. The MoU will enable easier monthly transfer of data from PICA to STATIN in relation to the annual count of all persons arriving in and departing the island...

The Department of Cooperatives and Friendly Societies (DCFS) is encouraging all charities to keep good financial records to ensure smooth transition when they are to be re-registered. Following the passage of the Omnibus legislation in December, the Government mandated the DCFS as the authority to oversee the activities of all charities. In the past, the Department was responsible for regulating...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says the implementation of flexi-work arrangements is vital to increasing productiv­ity, efficiency, and competitive­ness, in the public and private sectors. The Minister, who was opening the Budget Debate in the House of Representatives, said flexi-work arrangements will facilitate a more attractive investment climate, allowing companies to take advantage of off-peak...

Effective May 1, phablets, which are a cross between a Smartphone and a tablet, will be reclassified and no longer attract customs duties. This was announced by Minister of Finance and Planning, Dr. the Hon. Peter Phillips while opening the 2014/15 Budget Debate in Parliament on April 17. The Minister explained that because the characteristics of phablets were not distinguishable...

Government is working to conclude by June 2014, arrangements regarding the registration and certification procedures for businesses that will access the Productive Input Relief (PIR) component of the new Omnibus Tax Incentive regime. Under this aspect of the regime, provision is made for a reduction of the tax related cost of productivity inputs by providing tax relief on imported operating...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says the country will continue to use a market determined exchange rate. “The Bank of Jamaica remains prepared to intervene in this market in order to reduce and eliminate those who would want to speculate on the exchange rate or disrupt the stability of the market,” he said, adding that the country’s nominal exchange rate does...