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The Jamaica Customs Department is gearing up for the anticipated influx of barrels, parcels, and commercial imports into the island for the 2009 Christmas season. The department has introduced a flat rate for the clearance of barrels, which took effect on December 1. Persons clearing barrels containing personal effects will pay a standard Customs fee of $5,000 per barrel. Speaking...

Minister of Finance and the Public Service, Hon Audley Shaw, has said that his Ministry is exploring the implementation of a treasury management system, to enable the Government to manage its assets and finances more efficiently. Mr. Shaw said that streamlining the management of available resources would greatly assist in countering the challenges faced by the Accountant General Department in...

Minister of Finance and the Public Service, Hon. Audley Shaw, has outlined investment opportunities available in Jamaica, to participants attending the 33rd annual Miami Conference on the Caribbean and Central America. Speaking at the official opening of the three-day regional Summit on November 30, at the Hotel Intercontinental in downtown Miami, United States, the Minister emphasised that Jamaica is ready...

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...