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Sophie Sirtaine, World Bank Country Director for the Caribbean addresses journalists at the Jamaica Pegasus Hotel in Kingston on May 6, 2014.
Sophie Sirtaine, World Bank Country Director for the Caribbean addresses journalists at the Jamaica Pegasus Hotel in Kingston on May 6, 2014.

World Bank Lauds Government’s Commitment to Economic Reform

World Bank Country Director for the Caribbean, Sophie Sirtaine has hailed the Government of Jamaica’s ‘strong commitment’ to the Economic Reform Programme. Ms. Sirtaine, who was addressing journalists at the Jamaica Pegasus Hotel in Kingston on May 6, said economic...
Finance and Planning Minister, Dr. the Hon. Peter Phillips (right), and World Bank Caribbean Country Director, Sophie Sirtaine, exchange signed copies of a $4.63 billion (US$42 million) loan agreement, to finance the Integrated Community Development Project (ICDP). The signing ceremony was held at the Ministry’s National Heroes Circle offices in Kingston on Tuesday, May 6. The initiative will entail implementation of enhanced basic infrastructure and social services, and targeted crime and violence reduction interventions, among other inputs, by the Jamaica Social Investment Fund (JSIF), in approximately 18 communities in Kingston, St. Andrew, St. Catherine, Clarendon, St. Ann, St. James, and Westmoreland, over the next six years.
Finance and Planning Minister, Dr. the Hon. Peter Phillips (right), and World Bank Caribbean Country Director, Sophie Sirtaine, exchange signed copies of a $4.63 billion (US$42 million) loan agreement, to finance the Integrated Community Development Project (ICDP). The signing ceremony was held at the Ministry’s National Heroes Circle offices in Kingston on Tuesday, May 6. The initiative will entail implementation of enhanced basic infrastructure and social services, and targeted crime and violence reduction interventions, among other inputs, by the Jamaica Social Investment Fund (JSIF), in approximately 18 communities in Kingston, St. Andrew, St. Catherine, Clarendon, St. Ann, St. James, and Westmoreland, over the next six years.

Gov’t and World Bank Sign Off on $4.63 Billion Community Development Project
Fitch Ratings today revised the outlook for Jamaica from “Stable” to “Positive".
Fitch Ratings today revised the outlook for Jamaica from “Stable” to “Positive".

Jamaica Hits Fiscal Target, Sustained Effort a Challenge
Minister of Finance and Planning, Dr. the Hon. Peter Phillips, makes a point as he closes the 2014/15 Budget debate in the House of Representatives on April 30.
Minister of Finance and Planning, Dr. the Hon. Peter Phillips, makes a point as he closes the 2014/15 Budget debate in the House of Representatives on April 30.

Finance Minister Withdraws Bank Tax, Announces New Measures
Minister of Finance and Planning, Dr. the Hon. Peter Phillips (left), shares a light moment with Director General of the Planning Institute of Jamaica, Colin Bullock (right) during a corporate mingle at the Spanish Court Hotel in New Kingston, on April 25. Also joining in the moment (in the background, from left) are Head of the Delegation of the European Union (EU) in Jamaica, Jesus Orus Baguena; and Chief Executive Officer (CEO), Jamaica Business Development Corporation (JBDC), Valerie Veira. The event sought to garner additional corporate support for the Community Renewal Programme, which seeks to transform 100 of the most vulnerable and volatile communities across Jamaica.
Minister of Finance and Planning, Dr. the Hon. Peter Phillips (left), shares a light moment with Director General of the Planning Institute of Jamaica, Colin Bullock (right) during a corporate mingle at the Spanish Court Hotel in New Kingston, on April 25. Also joining in the moment (in the background, from left) are Head of the Delegation of the European Union (EU) in Jamaica, Jesus Orus Baguena; and Chief Executive Officer (CEO), Jamaica Business Development Corporation (JBDC), Valerie Veira. The event sought to garner additional corporate support for the Community Renewal Programme, which seeks to transform 100 of the most vulnerable and volatile communities across Jamaica.

Private Sector Urged to Support Community Renewal Programme

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Finance & Public Service

Minister Dalley Begins Talks to Resolve Issues at SERHA

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...
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Finance & Public ServiceNational Security and Peace

PICA and STATIN Sign Data Sharing MoU

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...
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Finance & Public Service

Charities Urged To Meet June 24 Registration Deadline

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...
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Finance and Planning Minister, Dr. the Hon Peter Phillips, addressing journalists at Tuesday’s (April 22) post-Budget media briefing at Jamaica House, where he elaborated on aspects of his opening presentation in the 2014/15 Budget Debate in the House of Representatives on April 17. (FILE)
Budget 2014/2015Finance & Public ServiceOffice of the Prime Minister

Levy Option Less Impact on Vulnerable – Finance Minister

Finance and Planning Minister, Dr. the Hon. Peter Phillips, says the levy to be charged on financial institution transactions, effective June 1, represents the option that is deemed to be the least challenging for the society’s most vulnerable. Addressing journalists at a post-Budget media briefing at Jamaica House on April 22, Dr. Phillips said several other options that were proposed...
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Minister of Finance and Planning, Dr. the Hon Peter Phillips (right), opening the 2014/15 Budget Debate in the House of Representatives on Thursday, April 17. Listening at left Minister with responsibility for the Public Service, Hon. Horace Dalley.
Budget 2014/2015Finance & Public Service

Flexi-Work Hours Will Increase Investments – Dr. Phillips

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...
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Minister of Finance and Planning, Dr. the Hon Peter Phillips (right), opening the 2014/15 Budget Debate in the House of Representatives on Thursday, April 17. Listening at left Minister with responsibility for the Public Service, Hon. Horace Dalley.
Budget 2014/2015Finance & Public Service

No Custom Duties on Phablets

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...
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