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Minister of Finance and the Public Service, Hon. Fayval Williams, gives her maiden Budget presentation in the House of Representatives, on Tuesday (March 11).

Government to Reduce Bond on Duties Paid by New Car Dealers

The Government will be reducing the bond on duties paid by new-car dealers from 100 per cent to 20 per cent. The announcement was made by Minister of Finance and the Public Service, Hon. Fayval Williams, as she opened the...

Minister of Finance and the Public Service, Hon. Fayval Williams, opens the 2025/26 Budget Debate in the House of Representatives on Tuesday (March 11).

Personal Income Tax Threshold Moves to $2 Million

Commissioner General of Tax Administration Jamaica (TAJ), Ainsley Powell, gives an overview of the operations of the TAJ during a technical briefing at the Ministry of Foreign Affairs & Foreign Trade in downtown Kingston on Monday (March 10). The briefing is part of activities to mark Diplomatic Week, which runs from March 10 to 14.

TAJ Collecting 80 Per Cent of Payments Online

Bank of Jamaica (BOJ) Governor, Richard Byles, addresses members of the Diplomatic Corps at the Ministry of Foreign Affairs and Foreign Trade in downtown Kingston on Monday (March 10). The event was part of activities marking Diplomatic Week 2025 under the theme ‘Building Partnerships for Sustainable Development’.

BOJ Governor Highlights 15 Years of Economic Growth Fuelled by Multilateral Partnerships

Minister of Finance and the Public Service, Hon. Fayval Williams.

2025/26 Budget Debate Opens on March 11

Director of Licensing and Registration at the Betting Gaming and Lotteries Commission (BGLC), Vivian Nunes.

1 year ago Finance & Public Service

BGLC Hosts Remote Licensing Activity in Westmoreland March 10-11

Owners and operators of gaming machines and prescribed premises in Westmoreland are being invited to take advantage of the remote licensing activity being conducted in the parish by the Betting Gaming and Lotteries Commission (BGLC). Licensees are being asked to visit the Boardwalk Shopping Village in Negril Westmoreland on March 10 and 11 between 9:30 a.m. and 4:30 p.m. to...

Minister of Finance and the Public Service, Hon. Fayval Williams (centre), providing an update on Jamaica’s Central Bank Digital Currency (CBDC), JAM-DEX, during the meeting of the Standing Finance Committee of the House of Representatives on Thursday (March 6). She is joined by State Minister in the Ministry, Hon. Zavia Mayne (left), and Financial Secretary, Darlene Morrison (right), as well as other senior and support staff from the Ministry.

1 year ago Finance & Public Service

JAM-DEX Project Remains a Priority

Minister of Finance and the Public Service, Hon. Fayval Williams, has reaffirmed the Government's commitment to expand the use of the Central Bank Digital Currency (CBDC), JAM-DEX. She noted that the project has not been abandoned and remains a priority, despite facing some challenges related to onboarding businesses. "JAM-DEX is still very much alive and well," she said, noting that...

Minister of Finance and the Public Service, Hon. Fayval Williams (centre, front row), provides details on the estimated expenditure for postal and courier services in the upcoming fiscal year 2025/26, at a meeting of the Standing Finance Committee of the House, on Thursday (March 6). She is joined by State Minister in the Ministry of Finance and the Public Service, Hon. Zavia Mayne (left), and Financial Secretary, Darlene Morrison (right), as well as other senior and support staff from the Ministry.

1 year ago Finance & Public Service

Finance Minister Outlines How Budget for Postal Operations Will Be Spent

Minister of Finance and the Public Service, Hon. Fayval Williams, has outlined how the Government plans to spend the $3.5 billion earmarked for postal operations and courier services for fiscal year 2025/2026. Speaking at the Standing Finance Committee of the House meeting on Thursday (March 6), Minister Williams reiterated the Government's ongoing commitment to modernising and improving postal and courier...

The Tax Administration of Jamaica (TAJ) office at the Donald Sangster Building (DSB) in Downtown Kingston is experiencing a $500,000 reduction in its monthly electricity bill, under the Government’s Energy Efficiency and Conservation Programme.

1 year ago Finance & Public Service

Tax Filing Season Countdown Continues

Tax Administration Jamaica (TAJ) is reminding Income Tax filers that they should be making preparations to file their 2024 Annual Income Tax Returns and 2025 Estimated Returns on March 17, 2025, with 13 days remaining. Taxpayers including Micro, Small and Medium Enterprise clients, may still get free support to meet their filing their obligations through the Authority’s Special Taxpayer Assistance...

Prime Minister, Dr. the Most Hon. Andrew Holness, addresses the official launch of Infiniti Co-operative Credit Union Limited at the AC Hotel by Marriott Kingston recently.

1 year ago Finance & Public ServicePrime Minister

Credit Unions Key to Wealth Creation and Economic Strength – PM Holness

Credit unions empower individuals to build wealth, strengthen local economies and create a more resilient and inclusive financial system says Prime Minister, Dr. the Most Hon. Andrew Holness. “In today’s world, where access to financial services can determine whether a family thrives or struggles, financial inclusion is more than a policy goal; it is a necessity. Credit unions have emerged...

Minister of Finance and the Public Service Hon. Fayval Williams, tables the 2025/2026 Estimates of Expenditure in the House of Representatives on Thursday, February 13.

1 year ago AgricultureFinance & Public ServiceParliament

Enhancing Resilience of Agricultural Sector and Coastal Areas Project Gets $249 Million

Efforts to enhance the resilience of the agricultural sector and coastal areas will continue in the new fiscal year, supported by a $249-million allocation. Provision for this amount has been made in the 2025/2026 Estimates of Expenditure which were recently tabled in the House of Representatives by Minister of Finance and the Public Service, Hon. Fayval Williams. The project, which...

Managing Director of the Jamaica Stock Exchange (JSE), Dr. Marlene Street Forrest (second right) and Executive Director of the Jamaica Society for the Blind (JSB), Conrad Harris (left), sign a Memorandum of Understanding (MOU) during a ceremony held at the Jamaica Stock Exchange, downtown Kingston offices today (February 26). Witnessing the signing are Chairman of the JSB, Daemion McLean (second left) and Principal of the JSE e-Campus, Kevin Powell (right). Also present is Marketing and Communications Manager at the JSE, Neville Ellis (standing).

1 year ago Finance & Public ServiceLabourSocial Security

JSE and the Jamaica Society for the Blind Sign MOU

The Jamaica Stock Exchange (JSE) and the Jamaica Society for the Blind (JSB) today (February 26) formalised their commitment to an inclusive society, through the signing of a Memorandum of Understanding (MOU). The partnership will provide crucial financial support to blind students preparing for the Caribbean Secondary Education Certificate (CSEC) examinations, removing barriers and fostering opportunities within the financial community...