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Minister of Finance and the Public Service, Hon Audley Shaw, will give the keynote address at the opening reception of the 33rd Miami Conference on Jamaica and Central America in Miami, Florida later today Monday (Nov. 29). Minister Shaw is expected to address critical issues facing the Jamaican economy; the country's imminent re-engagement with the International Monetary Fund (IMF); major...

Long distance runners and track and field enthusiasts are expected to descend on the community of Christiana, Manchester next month for the second annual Audley Shaw 10-kilometre road race. The event, slated for December 13, is expected to attract athletes and spectators from the parish and across the island. The race will start at the cross roads in Spring Ground...

Minister of Finance and the Public Service, Hon Audley Shaw, says that there will be no "sacred cows" in the Government's programme of rationalising the public sector. "There will be no sacred cows, as we look at every institution in the public sector. Everyone must justify its existence," Mr. Shaw told a Planning Institute of Jamaica's (PIOJ) seminar at the...

Minister of Finance and the Public Service, Hon. Audley Shaw, has criticised his predecessor, Dr. Omar Davies, for failing to take responsibility for the 1990s financial sector meltdown, which led to the establishment of the Financial Sector Adjustment Company (FINSAC) in 1997. Finance and the Public Service Minister, Hon. Audley Shaw (left), lends an ear to Senior Fellow at Stanford...

Minister of Finance and the Public Service, Hon Audley Shaw, says he is optimistic that the Government will successfully negotiate the US$1.2 billion standby facility it is seeking with the International Monetary Fund (IMF). The facility has become necessary in the face of a fall-off of some US$1billion in the Government's revenues, consequent on the global economic downturn and its...

Minister of Finance and the Public Service, Hon. Audley Shaw, announced today (November 24), that he is currently preparing a Cabinet submission, which would outline reforms to the administrative structure of the tax system. This, he explained, would seek to address key issues such as the separation of the process of domestic and international taxation, and positioning Ministries departments and...

Prime Minister the Hon. Bruce Golding says that the Government will outline the terms of its projected US$1.2 billion standby facility with the International Monetary Fund (IMF) in Parliament shortly. "We will very shortly be outlining in Parliament the terms of the IMF agreement, the details of the economic programme to be pursued and targets to be met, the policy...

Programme Director for the Plan Development Unit at the Planning Institute of Jamaica (PIOJ), Ms. Leila Palmer, has expressed confidence in the country's ability to achieve the goals set out in the Vision 2030 National Development Plan but stated that "we all must play our part." She noted that the country has made improvements in many areas of human and...

The Social Development Commission (SDC) has asked community leaders from nine communities within the Stony Hill Development Area Committee (DAC), to submit development plans for their communities. Director, Community Development Planning and Programmes at the SDC, Courtney Brown, made the request while addressing community leaders at the Stony Hill DAC awards ceremony, held on November 22, at the Stony Hill...

Principal of the University of the West Indies' (UWI) Mona campus, the Hon. Professor Gordon Shirley, has said that steps have been taken to address some of the challenges affecting the institution, arising from the global economic downturn. Speaking at the launch of the campus' engineering programme at the Mona Visitors' Lodge and Conference Centre on Monday (Nov. 9), Professor...

Today's working population must take the necessary steps to ensure that they have sufficient funds and assets to care for themselves after retirement, said Executive Director of the Financial Services Commission (FSC), Mr. Rohan Barnett. Addressing a recent pension seminar hosted by the FSC at the Jamaica Pegasus Hotel in Kingston, Mr. Barnett said that by putting plans in place...

Manager of Research, Development and Portfolio Management at Pan Caribbean Bank, Merrick Plummer, has said that Jamaica's efforts to respond to the current recession with stimulus packages have been stifled by the lack of cash resources. Mr. Plummer said that many persons have responded to the economic crisis by withholding their money, and with the life blood of the financial...