Minister without portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, says the Government is confident of passing the first quarterly test under the Extended Fund Facility (EFF) Agreement with the International Monetary Fund (IMF). He was speaking on Tuesday, July 2, in his contribution to the 2013/14 Sectoral Debate in the House of Representatives. Mr. Dalley’s presentation...

The Government of Jamaica is moving to speed up the contract award process. Minister without Portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, said Cabinet has embarked on a programme through the infrastructure subcommittee of Parliament. The aim, he said, is to improve efficiency so as to facilitate completion within 120 days. The Minister, who was speaking...

Minister without portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, has stated that no new wage increases have been granted to any member of the public sector, including parliamentarians and ministers. Mr. Dalley, in his Sectoral Debate presentation in the House of Representatives on Tuesday, July 2, said there has not been any increase in salaries to...

Minister without Portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, has dismissed speculation that the Government has plans to remove the 20 per cent duty concession on motor vehicles, from which public sector travelling officers now benefit. Mr. Dalley, who has responsibility for the Public Service, said that fuelled by speculation surrounding commitments under the agreement with...

Minister without Portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley, is assuring public sector workers, particularly security groups, that there is no need to take the option of early retirement, in order to secure pension lump sum entitlements. “The reformed pension system, to come on stream in 2016, will preserve the lump sum entitlement. This government is...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips and a four-member team will travel to the United States (US) on July 7, to meet with financial institutions and rating agencies in New York and Washington. Members of the delegation will hold meetings in Washington with critical stakeholders and the US Treasury to update them on the progress being...

MMinister of Finance and Planning, Dr. the Hon. Peter Phillips, says that Jamaica must make “the hard financial decisions now”, in order to protect the economic future of generations to come. “We need to reform our economic life, we need to reduce the level of public debt and we need to do so urgently if Jamaica’s sovereignty is to have...

The House of Representatives, on Wednesday, June 19, passed the Revenue Administration (Amendment) Act. Debate on the Bill was suspended last week to allow for further deliberations on the proposals contained in the Act. The move came after the Opposition raised concern about some of the provisions in the legislation, which seeks to, among other things, bring about significant improvements...