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Managing Director, International Monetary Fund (IMF), Ms. Christine Lagarde, addresses members of the media, during a special briefing today (June 27), at the Office of the Prime Minister in Kingston. Madame Lagarde is in Jamaica for a three-day visit.

IMF Head Says ERP Off to Very Strong Start

Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, says Jamaica’s Economic Reform Programme (ERP), supported by the IMF, with a four-year US$930 million Extended Fund Facility (EFF), is off to a very strong start. “All reviews have...

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

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

12 years ago Finance & Public Service

IMF Head Expresses Confidence in Regional Economies

Managing Director of the International Monetary Fund (IMF), Christine Lagarde, says she is confident in Jamaica’s ability to sustain and enhance economic stability, through Government’s implementation of the Economic Reform Programme (ERP). She also expresses similar confidence for other Caribbean islands, which she says are also undertaking similar programmes. The IMF Chief made her remarks while delivering a special lecture...

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...

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

12 years ago Finance & Public Service

World Bank Report Projects Stronger Growth For Jamaica

Minister of Finance and Planning, Dr. the Hon Peter Phillips and a Jamaican delegation-are now in Europe having completed the first leg of the Annual Non Deal Road Show in the USA. While in the USA they visited New York City, Boston and Los Angeles. The road show is aimed at sensitizing external stakeholders of the progress/status of the Jamaican...

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....