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Finance and Planning Minister, Dr. the Hon. Peter Phillips (seated left), is on light conversation with Inter-American Development bank (IDB) Resident Representative in Jamaica, Therese Turner-Jones (seated right), before signing copies of agreements at the Ministry in Kingston, on Tuesday (February 18) for the provision of $3.39 billion (US$31.65 million) by the IDB, People’s Republic of China; and European Union (EU), to finance the government’s Public Sector Efficiency Programme. Observing the proceedings are: Deputy Financial Secretary, Ministry of Finance and Planning, Wayne Jones (left); China’s Ambassador to Jamaica, His Excellency Dong, Xiaojun (centre); and Head of Cooperation for the EU Delegation in Jamaica, Jesús Orús Báguena.

Government Receives Funds for Public Sector Efficiency Programme

The Government of Jamaica has secured $3.39 billion (US$31.65 million) in multi-lateral loan and grant funding support to implement Jamaica’s Public Sector Efficiency Programme. The funds are being provided by the Inter-American Development Bank (IDB); the Government of the People’s...

Leader of the Opposition, Dr. Peter Phillips.

Dr. Phillips Leaves for IDB Consultation in Trinidad

Minister of Finance and Planning, Dr. the Hon. Peter Phillips (2nd left), responds to a question, during Thursday’s (February 13) media briefing at the Ministry’s National Heroes Circle offices in Kingston to provide an update on the visit of the International Monetary Fund’s (IMF) Staff Mission. Listening (from left) are: Financial Secretary in the Ministry, Devon Rowe; IMF Mission Team Head, Jan Kees Martijn; and IMF Representative in Jamaica, Dr. Bert Van Selm (right).

Jamaica on Target to Pass IMF Third Quarter Review

Finance and Planning Minister, Dr. the Hon. Peter Phillips (at podium), addressing a public forum at the University of the West Indies (UWI), Mona, St. Andrew, on the theme: ‘Jamaica and the IMF – Is this Time Different?’, on February 12. Listening keenly are: Director of the UWI’s Sir Arthur Lewis Institute of Social and Economic Studies (SALISES) and co-presenter, Professor Brian Meeks (right); and Lecturer in the UWI’s Department of Economics, Dr. Christine Clarke. The forum was hosted jointly by the Finance and Planning Ministry and the UWI.

Successful Implementation of ERP a Must – Finance Minister

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, emphasizes a point at the graduation ceremony for the first cohort of students in the ‘Animate Jamaica’ certificate programme, held on February 8, at the Caribbean Institute of Media and Communications (CARIMAC), St. Andrew.

Animators Urged to Protect Intellectual Property

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President of the Insurance Association of Jamaica, Hugh Reid.

12 years ago Finance & Public Service

FSC Hailed for Ensuring Integrity of Insurance Industry

The Insurance Association of Jamaica (IAJ) is hailing the work of the Financial Services Commission (FSC) in ensuring the integrity of the insurance industry and protecting the interests of Jamaicans over its 12 years of existence. In an interview with JIS News, the Association’s President, Hugh Reid, who is also President of Scotia Jamaica Life Insurance Company, said that the...

Finance and Planning Minister, Dr. the Hon. Peter Phillips (left), and Inter-American Development Bank (IDB) Country Representative in Jamaica, Therese Turner-Jones (left), sign copies of two loan agreements for the IDB’s provision of just over $15 billion (US$140 million) in budgetary support to the government to undertake the country’s Fiscal Structural Programme for Economic Growth, and Competitiveness Enhancement Programme (III). The signing took place at the Finance and Planning Ministry, in Kingston, on February 6. Overseeing the proceedings is the Ministry’s Communications and Public Relations Director, Cheryl Smith.

12 years ago Finance & Public Service

Jamaica Gets $15 Billion Support from IDB

Jamaica has received additional multilateral funding support, totaling just over $15 billion (US$140 million), from the Inter-American Development Bank (IDB). The loan provisions, which were approved by the IDB’s Board on February 5, will provide the Government with the necessary budgetary support to undertake the country’s Fiscal Structural Programme for Economic Growth, and Competitiveness Enhancement Programme (III). A sum of...

12 years ago Finance & Public Service

Government Seeks Greater Participation in Financial Market

Finance and Planning Minister, Dr. the Hon. Peter Phillips, says the government is exploring avenues to encourage greater participation in Jamaica’s financial market. Dr. Phillips, who made the disclosure while addressing a forum hosted for members of the Diplomatic Corps at the Courtleigh Hotel, New Kingston, on Wednesday, February 5, said the move is being undertaken in collaboration with the...

12 years ago Finance & Public Service

JSE Offers New Courses in Financial Planning and Management

The Jamaica Stock Exchange (JSE) has rolled out several new course offerings under its e-learning campus, geared at providing professionals with relevant training in the area of financial planning and management. The certificate courses, which commence this year, will be offered through a web-based application, combined with face-to-face interaction, and will cover a range of topics, including Credit Risk Management;...

12 years ago Finance & Public Service

Job Prospects Promising – Finance Minister

Finance and Planning Minister, Dr. the Hon. Peter Phillips, says the prospects for additional export earnings, and jobs being generated by several key sectors, are promising. Addressing a special forum for members of the Diplomatic Corps, at the Courtleigh Hotel, New Kingston, on February 5, the Minister pointed out that two of the key areas showing most promise are manufacturing...

12 years ago Finance & Public Service

Equal Push for Growth and MSMEs – Finance Minister

Finance and Planning Minister, Dr. the Hon. Peter Phillips, says equal emphasis is being placed on the achievement of economic growth, and on the inclusion of the micro, small and medium size enterprises (MSMEs), that will contribute to that growth. Addressing members of the Diplomatic Corps at a special forum at the Courtleigh Hotel, New Kingston, on February 5, Dr....

12 years ago Finance & Public Service

Growth to Continue for Third and Fourth Quarters

Finance and Planning Minister, Dr. the Hon. Peter Phillips, says the government is confident of continued growth for the third and fourth quarters of fiscal year 2013/14. This, he says, is based on the administration’s implementation of the country’s economic programme, approved by the International Monetary Fund (IMF), under an Extended Fund Facility (EFF). Addressing members of the Diplomatic Corps...