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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, delivers a statement during Tuesday’s (June 11) sitting of the House of Representatives.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, delivers a statement during Tuesday’s (June 11) sitting of the House of Representatives.

Twin Peaks Financial Sector Supervision and Regulation Model Implementation Expected by 2026

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says implementation of the Twin Peaks Model of Supervision and Regulation of the Financial Sector is expected by 2026. He informed that under the Model, the Bank of...
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second left), and World Bank Country Director, Lilia Burunciuc (second right), sign the US$20million Social Protection for Increased Resilience and Opportunities (SPIRO) Project loan agreement during Tuesday’s (June 11) SPIRO Visibility Ceremony at the Ministry of Finance and the Public Service in Kingston. Observing are (from left) Permanent Secretary in the Ministry of Labour and Social Security, Collette Roberts Risden; and World Bank Human Development Regional Director, Dr. Jaime Saavedra.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second left), and World Bank Country Director, Lilia Burunciuc (second right), sign the US$20million Social Protection for Increased Resilience and Opportunities (SPIRO) Project loan agreement during Tuesday’s (June 11) SPIRO Visibility Ceremony at the Ministry of Finance and the Public Service in Kingston. Observing are (from left) Permanent Secretary in the Ministry of Labour and Social Security, Collette Roberts Risden; and World Bank Human Development Regional Director, Dr. Jaime Saavedra.

Gov’t and World Bank Sign US$20m SPIRO Project Loan Agreement
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second right), participates in a panel discussion during the Ivan+20 Resilience Dialogue and Time Capsule Event on Wednesday (June 5) at the University of the West Indies (UWI) Regional Headquarters in St. Andrew. With him are (from left) Caribbean Development Bank (CDB) Country Representative, Stephen Lawrence; Executive Director, Caribbean Disaster Emergency Management Agency (CDEMA), Elizabeth Riley; Chief Executive Officer, Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC) Isaac Anthony; and Dean, Faculty of Science and Technology, UWI, Mona, Professor Michael Taylor.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second right), participates in a panel discussion during the Ivan+20 Resilience Dialogue and Time Capsule Event on Wednesday (June 5) at the University of the West Indies (UWI) Regional Headquarters in St. Andrew. With him are (from left) Caribbean Development Bank (CDB) Country Representative, Stephen Lawrence; Executive Director, Caribbean Disaster Emergency Management Agency (CDEMA), Elizabeth Riley; Chief Executive Officer, Caribbean Catastrophe Risk Insurance Facility (CCRIF SPC) Isaac Anthony; and Dean, Faculty of Science and Technology, UWI, Mona, Professor Michael Taylor.

Jamaica’s Approach to Disaster Risk Management Has Changed – Dr. Clarke
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the House of Representatives on Tuesday (June 4).
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the House of Representatives on Tuesday (June 4).

House Passes Legislation to Establish National Natural Disaster Reserve Fund
Chief Executive Officer, SCJ Holdings Limited, Joseph Shoucair, makes a presentation during the Greater Bernard Lodge Development Master Plan launch at Jamaica House.
Chief Executive Officer, SCJ Holdings Limited, Joseph Shoucair, makes a presentation during the Greater Bernard Lodge Development Master Plan launch at Jamaica House.

SCJ Holdings Limited Expected to Complete Greater Bernard Lodge Programmed Land Divestments This Year

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The Public Sector Debate Competition logo.
Finance & Public Service

2024 Public Sector Debate Competition Begins June 4

The exciting 2024 Public Sector Debate Competition gets under way on Tuesday, June 4, with the preliminary round of matches. Round One will take place over two days (June 4 and 5) and will include six matches on Day 1 and seven on Day 2. All matches will be streamed live via the Transformation Implementation Unit (TIU) Facebook and YouTube...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks in the House of Representatives recently.
Finance & Public ServiceParliament

House Passes Legislation to Modernise Customs Procedures

Legislation to modernise customs practices and procedures to facilitate trade effectively and efficiently was passed in the House of Representatives on May 29. The Bill, the Customs Act, was piloted by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke. The modernisation is expected to bring benefits for the trading community and the Jamaica Customs Agency (JCA)...
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Prime Minister, the Most Hon. Andrew Holness (right), listens to a point being made by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, during the Jamaica Civil Service Association’s 105th annual general meeting at Jacisera Park in St. Andrew on May 30.
Finance & Public Service

Gov’t Reaches Agreement with Public-Sector Workers on Overtime and Other Matters

The Government has reached an agreement with unions representing public-sector workers on extra time (overtime) and other key matters relating to conditions of service. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, made the disclosure while addressing the Jamaica Civil Service Association’s 105th annual general meeting (AGM) at Jacisera Park in St. Andrew on Thursday (May...
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Finance & Public ServiceForeign AffairsVision 2030

DBJ Intensifying Efforts to Support Divestment of and Private Investment in State Assets

The Development Bank of Jamaica Limited (DBJ) plans to intensify efforts to provide support for the divestment of government-owned assets during fiscal year 2024/25, primarily by facilitating private investment through the transparent execution of Public-Private Partnerships (P4) and privatisations. Details of the programmed engagements are outlined in the Jamaica Public Bodies Estimates of Revenue and Expenditure for the Fiscal Year...
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Planning Institute of Jamaica (PIOJ) Senior Director in the Economic Planning and Research Division, James Stewart (left), addresses Tuesday’s (May 28) PIOJ quarterly briefing. With him is PIOJ Director of Modelling and Research, Hugh Morris.
Finance & Public ServiceIndustry

Economy Grew by Estimated 1.9 Per Cent During March 2024 Quarter

The Planning Institute of Jamaica (PIOJ) is reporting that the economy grew by an estimated 1.9 per cent during the January to March 2024 quarter. Speaking during the PIOJ’s quarterly briefing on Tuesday (May 28), Senior Director in the Economic Planning and Research Division, James Stewart, said the outturn represents the 12th consecutive quarter of growth. The performance for the...
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Minister of Finance and the Public Sector, Dr. the Hon. Nigel Clarke, addresses the Caribbean Public Sector Management Conference on May 22 at The Jamaica Pegasus hotel in New Kingston.
Finance & Public Service

All Major Benchmarks Met under Public Sector Transformation Programme – Minister Clarke

All major benchmarks established by the Inter-American Development Bank (IDB) under the Public Sector Transformation Programme have been met.  Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, made the disclosure while delivering the main address at the Caribbean Public Sector Financial Management Conference in Kingston on May 22.  “The Public Sector Transformation Programme is the first...
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