The Ministry of Finance and the Public Service has been working to institute mechanisms to operationalise the Public Bodies Management and Accountability (Nomination, Selection and Appointment to Boards) Regulations. The Regulations represent a seminal tool towards achieving good corporate governance in respect of public bodies. Public bodies in Jamaica are responsible for $466 billion of expenditure in the 2022/23 fiscal...

Having addressed the bottleneck issue within the public procurement process, the Government is now focusing on eliminating the incidence of duplications, among other impediments. This was disclosed by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, while speaking during Wednesday’s (November 30) handover ceremony for 50 new garbage trucks and 10 motorcycles acquired for the National...

The Statistical Institute of Jamaica (STATIN) has expressed gratitude to the United Nations Population Fund (UNFPA) for supporting the ‘Census in Schools’ programme tour, which concluded on Wednesday (November 30). The UNFPA contributed US$15,000 to the initiative, which saw 14 primary and 14 secondary schools islandwide being visited. STATIN’s Corporate Communications Manager, Georgia Garvey-Green, told JIS News that the UNFPA’s...

Sixty micro, small and medium-sized enterprises (MSMEs) have benefited from critical support to grow their businesses under the Jamaica Business Development Corporation (JBDC) 2022 Accelerator programme. The entity partnered with the Development Bank of Jamaica (DBJ) to deliver cohort four of the programme at a cost of $60 million. The intensive training, undertaken over six months, covered six modules –...

Chief Executive Officer (CEO), Culture, Health, Arts, Sports and Education (CHASE) Fund, Wilford “Billy” Heaven (centre), introduces the agency’s Chairman, Omar Frith (right), to his wife, Rosemarie Heaven, during CHASE’s 20th anniversary commemorative church service on Sunday (November 27), at the Webster Memorial United Church in Kingston.

A revised Income Tax Relief (Large Scale Project and Pioneer Industries) Act, 2014, that incentivises investments of US$1 billion or more, is expected to be tabled in Parliament by the end of fiscal year 2022/23, next March. This was disclosed by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, while speaking during the Invest Jamaica 2022...

Some 600 public servants who have served 25 years and more in various areas of the public sector, have been recognised by the Government for their invaluable and dedicated contribution to Jamaica. During the Jamaica Civil Service long-service awards ceremony, held on the lawns of King’s House on November 23, medals were presented to recipients for their sterling service. The...

The Government of Trinidad and Tobago is looking to establish a Junior Stock Exchange that is similar in model to Jamaica’s. This, according to the twin-island republic’s Minister of Trade and Industry, Hon. Paula Gopee-Scoon. She indicated that despite attempts to establish the platform, “we really haven’t gotten it quite right as you [in Jamaica] have”, hence the government’s decision...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, has called on Caribbean countries to collaborate and coordinate to enhance their preparedness for global changes and protect their revenue bases. “We are small. We have a common history. These factors should allow us to be nimble and agile in response to the changing global tax landscape, which...