After almost a decade of fiscal restructuring, Jamaica is on a path to achieving a debt-to-gross domestic product (GDP) ratio of below 70 per cent by the end of the 2024/25 fiscal year. Finance and the Public Service Minister, Hon. Fayval Williams, made the disclosure while addressing members of the diaspora during the recent ‘Let’s Connect with Ambassador Marks’ virtual...

Cabinet Secretary, Audrey Sewell, has hailed the new Public Sector Learning and Development Policy as a transformative framework that will reshape public service in Jamaica. “It is a script for change and will ensure that public-sector professionals are equipped with the skills, behaviours and values necessary to move Jamaica forward,” she said. “This policy empowers us to build a service-focused...

Tax Administration Jamaica (TAJ) is announcing the launch of a Special Arrears Settlement Programme, designed to waive/remit Interest, Penalty and Surcharge (IPS) accrued once outstanding principal taxes are paid by March 31, 2025. This provides an opportunity for all persons and businesses, whether self-employed, company or organisations, to clear their debts, without the additional costs typically associated with late filing...

Local and international stakeholders came together on Tuesday (January 28) to share insights on emerging trends and best practices in project management, including the use of technology and automation to streamline processes. The discussion session, under the theme ‘Best Practices: Driving a Future of Success’, was held during the Inter-American Development Bank (IDB) Project Executing Unit Awards Ceremony held at...

Minister of Finance and Public Service, Hon. Fayval Williams, will be the special guest for the upcoming “Let's Connect” virtual town hall, hosted by Jamaica's Ambassador to the United States, Her Excellency Audrey Marks.   The  session, scheduled for Thursday (Jan. 30), at 7:00 PM EDT, comes at a crucial time as Jamaica unveils ambitious new investment opportunities worth billions.  These...

Jamaica continues to enjoy a declining unemployment rate, with the out-turn falling to a new record low 3.5 per cent as at October 2024. This represents a decrease from the previous record of 3.6 per cent in July 2024, based on the Statistical Institute of Jamaica’s Labour Force Surveys for both months, showcasing a positive trend in job creation and...

The Statistical Institute of Jamaica (STATIN) is pleased to present the key indicators from the October 2024 Labour Force Survey (LFS), the fourth release since the revision of the survey. The introduction of the new labour force survey in January 2024, represents a significant break in the series and is not comparable with previous survey data. Highlights from the October...