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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).

CHASE Awards 4,909 Scholarships Since 2003

The Culture, Health, Arts, Sports and Education (CHASE) Fund, since its inception in 2003, has awarded 4,909 scholarships, valued at $829 million, to more than 2,000 early-childhood-education practitioners and leaders pursuing undergraduate and graduate degree programmes. Focus areas include early-childhood...

Microinsurance Legislation Heading to Parliament in Fiscal Year 2025/26

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

New Phase of Public Sector Transformation Programme to Be Implemented in 2025/26

Finance Minister Outlines Funding for 2025/26 Budget

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

TAJ to Introduce Regular Saturday Operations

1 year ago Finance & Public Service

SLB Extends Repayment Period to 10 Years for New Clients

The Students’ Loan Bureau (SLB) will be offering new clients a longer repayment period of 10 years, instead of the current seven and five years. Minister of Finance and the Public Service, Hon. Fayval Williams, announced plans to enhance the SLB’s offerings, during her 2025/26 Budget Debate opening presentation in the House of Representatives on Tuesday (March 11). She indicated...

1 year ago Budget 2025/2026Finance & Public Service

Gov’t Earmarks $1B for JPS Prepaid Electricity Programme in 2025/26 Budget

The Government has allocated $1 billion in the 2025/26 Budget to assist the first 20,000 new customers joining the Jamaica Public Service Company (JPS) prepaid electricity programme. This provision will cover payments for house wirings and inspections, aimed at formalising illegal connections and safely integrating those households into the JPS grid. Minister of Finance and the Public Service, Hon. Fayval...

1 year ago Finance & Public Service

Finance Ministry Commences Discussions with Unions and Associations

The Ministry of Finance and the Public Service has, so far, received 11 claims as the Government commences discussions with the Unions/Associations for the new contract period. Portfolio Minister, Hon. Fayval Williams, made the disclosure as she opened the 2025/26 Budget Debate in the House of Representatives on Tuesday (March 11). The Minister informed that the claims were received from...

1 year ago BudgetBudget 2025/2026Finance & Public Service

Public Bodies Gross Assets Projected to Grow by More Than $100m in 2025/26

The gross assets of Jamaica’s 150 active public bodies are projected to grow by more than $100 million in fiscal year 2025/26. This was disclosed by Minister of Finance and the Public Service, Hon. Fayval Williams, while opening the 2025/26 Budget Debate in the House of Representatives on Tuesday (March 11). “Public bodies are expected to end the new fiscal...

Chief Executive Officer, Jamaica Customs Agency (JCA) and Commissioner of Customs, Dr. Velma Ricketts Walker, provides an overview of the entity’s operations to stakeholders attending a technical briefing on day one of the Ministry of Foreign Affairs and Foreign Trade’s Diplomatic Week. The briefing was held at the Ministry in downtown Kingston on Monday (March 10).

1 year ago Finance & Public ServiceForeign Affairs

JCA Awaiting Senate Approval for New Customs Act by Fiscal Year-End

Jamaica Customs Agency (JCA) Chief Executive Officer (CEO), Dr. Velma Ricketts Walker, is anticipating Senate approval of the new Customs Act before the end of this fiscal year. The legislation was passed in the House of Representatives on May 29, 2024, after being reviewed by a Joint Select Committee for approximately 18 months. “I am happy to share that the...

1 year ago Finance & Public Service

Gov’t Focused on Maintaining Fiscal Discipline

Fiscal discipline will continue to play a critical role in Jamaica's economic strength and future prosperity. That was the commitment from Minister of Finance and the Public Service, Hon. Fayval Williams, as she opened the Budget Debate for fiscal year 2025/26 in the House of Representatives on Tuesday (March 11). Drawing on the nation's journey from reliance on external support...

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

1 year ago BudgetFinance & Public ServiceSpeeches

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 2025/26 Budget Debate in the House of Representatives on Tuesday (March 11). Mrs. Williams said the decision followed requests from...