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Dr. the Most Honourable Andrew Michael Holness ON, PC, MP.
Dr. the Most Honourable Andrew Michael Holness ON, PC, MP.

Prime Minister Andrew Holness Takes Immense Pride in Dr. Nigel Clarke’s Appointment

Today, the Managing Director of the International Monetary Fund (“IMF”) announced to the IMF’s Executive Board, her proposal to appoint Dr. the Hon. Nigel Clarke, Minister of Finance and the Public Service, to the position of Deputy Managing Director of...
Bank of Jamaica (BOJ) Governor, Richard Byles, addresses journalists during the BOJ’s Quarterly Monetary Policy Report press conference at the Montego Bay Convention Centre on Wednesday (August 21). Listening is BOJ Deputy Governor in charge of Financial Markets and Payments Systems, Natalie Haynes.    
Bank of Jamaica (BOJ) Governor, Richard Byles, addresses journalists during the BOJ’s Quarterly Monetary Policy Report press conference at the Montego Bay Convention Centre on Wednesday (August 21). Listening is BOJ Deputy Governor in charge of Financial Markets and Payments Systems, Natalie Haynes.    

BOJ Signals Interest Rate Reduction Following Ease in Monetary Policy Stance
The Bank of Jamaica (BOJ), located in downtown Kingston, Jamaica.
The Bank of Jamaica (BOJ), located in downtown Kingston, Jamaica.

Bank of Jamaica Reduces Policy Rate
A flyer promoting the Betting, Gaming and Lotteries Commission (BGLC) Tertiary Education Grant for the 2024/2025 academic year.
A flyer promoting the Betting, Gaming and Lotteries Commission (BGLC) Tertiary Education Grant for the 2024/2025 academic year.

BGLC Accepting Applications for Tertiary Education Grant
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke [third left) and Executive Director, Transformation Implementation Unit (TIU), Maria Thompson Walters (right), share a moment with members of the Ministry of Justice’s winning debate team, during the finals of the 2024 Public Sector Debate Competition held on August 7 at The Jamaica Pegasus hotel in New Kingston. The Ministry defeated the Administrator-General’s Department (AGD). The team members (from left) are Demoy Whitely, Joanalee Robertson, Claudia Powell, Payton Patterson and Oschain Haynes.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke [third left) and Executive Director, Transformation Implementation Unit (TIU), Maria Thompson Walters (right), share a moment with members of the Ministry of Justice’s winning debate team, during the finals of the 2024 Public Sector Debate Competition held on August 7 at The Jamaica Pegasus hotel in New Kingston. The Ministry defeated the Administrator-General’s Department (AGD). The team members (from left) are Demoy Whitely, Joanalee Robertson, Claudia Powell, Payton Patterson and Oschain Haynes.

Justice Ministry Wins 2024 Public Sector Debate Competition

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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second left), and Japan International Cooperation Agency (JICA) President, Dr. Akihiko Tanaka (second right), display the signed Memorandum of Cooperation (MOC) that will promote collaboration in the areas of disaster risk management, climate change, security and economic development. The signing ceremony was held at the Ministry of Finance and the Public Service in Kingston on Wednesday (July 31). Sharing the moment (from left) are State Minister in the Ministry of Foreign Affairs and Foreign Trade, Hon. Alando Terrelonge; and Ambassador of Japan to Jamaica, His Excellency Yasuhiro Atsumi.
Finance & Public Service

Jamaica and JICA Sign Cooperation Agreement

The Government has signed a Memorandum of Cooperation (MOC) with the Japan International Cooperation Agency (JICA) to promote collaboration in the areas of disaster risk management, climate change, security and economic development. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, and JICA President, Dr. Akihiko Tanaka, signed the agreement at the Ministry’s National Heroes Circle offices...
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Minister with responsibility for Information, Skills and Digital Transformation, Senator Dr. Dana Morris Dixon, addresses today
Finance & Public Service

Senate Approves Tax Credit for Acquisition and Installation of Solar Systems at Places of Residence

As part of efforts to increase the use of renewables in the country, the Government is providing income-tax credit to individuals who acquire and install a solar photovoltaic system at their primary place of residence. The Senate, on Friday (July 26), approved the Income Tax (Amendment) Act, 2024, which sets out the appropriate legal framework that will allow individuals to...
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Manager of Client Services in the Pensions Administration Branch of the Ministry of Finance and the Public Service’s Strategic Human Resource Management Division, Natalee Kinglock.
Finance & Public Service

Qualified Pensioners Can Receive $150,000 under Relief Fund

Pensioners in need of financial assistance can benefit from a one-off payment of $150,000 under the Pension Relief Fund. The Fund, which is managed b by the Ministry of Finance and the Public Service, is designed to provide additional support to retired individuals who are in receipt of a pension or receive gratuity from the Accountant General’s Department. Manager of...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, makes a Statement in the House of Representatives on Tuesday (July 23).
Finance & Public ServiceHurricane Relief & Recovery

$5 Billion from Disaster Risk Financing Resources for Immediate Relief and Recovery Efforts

The Government plans to tap $5 billion from its disaster risk financing resources to address the immediate relief and recovery efforts related to Hurricane Beryl. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, made the disclosure during a Statement to the House of Representatives on Tuesday (July 23). “We plan to disburse $1.3 billion to the...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (third left), exchanges banter with Minister without portfolio in the Ministry of Economic Growth and Job Creation, Senator the Hon. Matthew Samuda (right), at the recent World Bank country partnership framework event at the AC Marriott in Kingston. Others (from left) are Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill; World Bank Country Director, Lilia Burunciuc; Minister of Agriculture, Fisheries and Mining, Hon. Floyd Green; and Minister of Education and Youth, Hon. Fayval Williams.
Finance & Public Service

Jamaica Working with World Bank to Upskill Human Capital

Jamaica and the World Bank will be collaborating over the next three to four years to implement programmes and initiatives across ministries to develop and upskill the country’s human capital. The initiatives, which aim to accelerate Jamaica’s pace of development, will be carried out under the Jamaica-Country Partnership Framework (CPF) 2024 to 2027. Speaking at a recent World Bank country...
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