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A team from the International Monetary Fund (IMF) is scheduled to arrive in the island today (December 10) to continue talks with the Government towards the US$1.2 billion standby facility being negotiated for Jamaica. Speaking at Wednesday's (December 9) post-Cabinet media briefing at Jamaica House, Minister with Responsibility for Information, Telecommunications and Special Projects in the Office of the Prime...

The Government notes the recent press statement from the Opposition spokesman on Justice concerning issues relating to the absence of lawyers from the Attorney General's office as advisors to the Commission of Enquiry and marshalling the evidence in the Finsac enquiry. The fact of the matter is that the Attorney General's Department would be placed in an invidious position if...

Head of Delegation of the European Commission in Jamaica, Ambassador Marco Mazzoccchi-Alemanni has commended the Government of Jamaica (GoJ) for being proactive in providing a better business environment for the private sector. Such an initiative, he said, is significant and complementary to the facilities and opportunities being provided to the private sector, under the Economic Partnership Agreement (EPA) with the...

Minister of Education, Hon. Andrew Holness, says the Government will ensure the Student Loan Bureau (SLB) has sufficient funds to provide loans next year. He says the Government is not aware of any extraordinary cash problems at the Bureau that would prevent students from getting loans. The Education Minister was responding to concerns raised by his Opposition counterpart, Senator Basil...

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...