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Minister of Finance and Planning, Dr. the Hon. Peter Phillips.

Finance Minister Tables First Supplementary Estimates

The first Supplementary Estimates for the 2013/14 financial year was tabled in the House of Representatives, on February 25, by Minister of Finance and Planning, Dr. the Hon. Peter Phillips. It reveals that the budget has been revised downwards from...

Fitch Ratings upgrades Jamaica Government Sovereign Rating –Outlook Stable

Prime Minister, Most Hon. Portia Simpson Miller, addresses the 10th anniversary awards ceremony for the Community Training for Empowerment Programme (CTEP), which was held on February 23 at the Wexford Court Hotel in Montego Bay.

PM Upbeat on Growth

Acting British High Commissioner to Jamaica and Bahamas, Julia Sutherland (second left), and World Bank Representative in Jamaica, Giorgio Valentini (right), listen to a comment from Managing Director, Development Bank of Jamaica (DBJ), Milverton Reynolds, just before the start of day two of a Public Private Partnership (PPP) seminar on February 20, at the Jamaica Pegasus hotel in New Kingston.

DBJ Committed to PPP Programme

Finance and Planning Minister, Dr. the Hon Peter Phillips (left), in discussion with Director, Public Private Partnership (PPP) Solutions and Chief Executive of the Commonwealth Association for Infrastructure Development, David Wright, during Thursday’s (February 20) second and final day of the Public Private Partnership (PPP) conference, staged by the British High Commission, in partnership with United Kingdom (UK) Trade and Invest and the Development Bank of Jamaica (DBJ). It was held at the Jamaica Pegasus Hotel, New Kingston, under the theme: ‘Delivering Growth by Partnership – Sharing UK Capabilities in PPP’. Dr. Phillips was the keynote speaker.

Privatization Could Result in US$500M Investment

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12 years ago Finance & Public Service

House Approves $72.4 Billion Carry on Budget

The House of Representatives on Tuesday (March 4) approved a Resolution allowing the Government a sum of $72.4 billion to carry on its business for a period of three months, from April 1 to June 30. Moving the resolution, Minister of Finance and Planning, Dr. the Hon. Peter Phillips informed that the sum comprised $61.3 billion for recurrent expenditure and...

12 years ago Finance & Public Service

Debt to GDP Ratio Will Be Reduced – Finance Minister

By the end of this fiscal year, the country’s debt to gross domestic product (GDP) ratio will be about 139 per cent, down from the 147 per cent of last year. This was stated by Minister of Finance and Planning, Dr. the Hon. Peter Phillips, as he gave an update on the Economic Reform Programme (ERP), at a Stakeholders Conference...

12 years ago Finance & Public Service

Jamaica’s Debt To GDP Ratio Will Be Reduced

By the end of this fiscal year, the country’s debt to gross domestic product (GDP) ratio will be about 139 per cent, down from the 147 per cent of last year. This was stated by Minister of Finance and Planning, Dr. the Hon. Peter Phillips, as he gave an update on the Economic Reform Programme (ERP), at a Stakeholders Conference...

12 years ago Finance & Public ServiceNational SecurityVision 2030

Overall Decline in Crimes Last Year

The Planning Institute of Jamaica (PIOJ) is reporting an overall 11.1 per cent decline in the number of serious, violent, and acquisitive crimes committed in 2013, relative to 2012. These incidents include: aggravated assault, break-ins, larceny, murder, rape, robbery, and shootings. Programme Director for the PIOJ’s Plan Development Unit, Richard Lumsden, says 352 crimes were committed per 100,000 of the...

12 years ago Finance & Public Service

Government Open To Public/Private Partnerships

Finance and Planning Minister, Dr. the Hon. Peter Phillips, says the Government is open to accommodating stakeholder participation in projects under public/private partnership (PPP) arrangements. Speaking at a PPP conference at the Jamaica Pegasus Hotel, New Kingston, on Thursday, February 20, Dr. Phillips said the administration is advancing the institutional framework for implementation of these PPPs. He informed that a...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips (right), is welcomed by Acting Town Clerk, Andrine McLaren (left), and City Terasurer, Naudia Crosskilll, to the first town hall meeting for 2014, hosted by the Kingston and St. Andrew Corporation (KSAC), at St. Luke

12 years ago Finance & Public Service

Finance Minister Upbeat on Progress

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, is upbeat about the economic strides being made under the agreement with the International Monetary Fund (IMF), which has resulted in three quarters of successful reviews, and inflows from multilateral institutions. Addressing residents at the first town hall meeting for 2014, hosted by the Kingston and St. Andrew Corporation (KSAC),...

Director General, Planning Institute of Jamaica (PIOJ), Collin Bullock (centre), emphasizes a point during the institute’s quarterly media briefing at the agency’s New Kingston offices on February 19. Flanking him are: Director of the PIOJ’s Economic Planning, Research and Policy Logistics Division, James Stewart (left); and Programme Director for the PIOJ’s Plan Development Unit, Richard Lumsden.

12 years ago Finance & Public Service

Increase in Number of Persons Employed

The Planning Institute of Jamaica (PIOJ) is reporting an increase in the number of persons employed as at October 2013, relative to 2012. Speaking at the PIOJ’s quarterly media briefing at the institute’s New Kingston offices on February 19, Director General, Collin Bullock, informed that a labour force survey conducted by the Statistical Institute of Jamaica (STATIN) shows that 1,100,700...