The inaugural staging of the ELEVATE Procurement Conference is slated for April 23 to 25 at the Montego Bay Convention Centre, in St. James. An initiative of the Office of Public Procurement Policy in the Ministry of Finance and the Public Service, ELEVATE aims to create and advance a new procurement paradigm that responds to client needs and global changes....

The Government is proposing to spend a total of $1.3 trillion for fiscal year 2024/25. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, made the disclosure as he tabled the Estimates of Expenditure in the House of Representatives on Thursday (February 15). Dr. Clarke said this is to be funded by revenue and grant receipts of...

Jamaica is on course to lower its debt to gross domestic product (GDP) ratio to 74 per cent by the end of March 2024, says Prime Minister, the Most Hon. Andrew Holness. This, he notes, will be “well below pre-COVID-19 pandemic levels and the lowest in 25 years.” The Prime Minister was delivering the main address during the Jamaica Dental...

Tax Administration Jamaica (TAJ) wishes to advise employers that monthly statutory deductions (S01) for January are due on Thursday, February 15, 2024. This is because of the usual due date of the 14th day of the month falling on the Ash Wednesday public holiday. Taxpayers may therefore submit their January S01 the following business day, Thursday, February 15 without incurring...

The Planning Institute of Jamaica (PIOJ), today (February 8), launched the Inclusive Growth Index Framework (IGIF), a comprehensive measurement tool for growth. The index, developed by the PIOJ’s Growth Inducement Programme (GIP), provides a more comprehensive understanding of the inter-relatedness of key drivers of growth specific to Jamaica. In his remarks at the virtual launch, Director General, PIOJ, Dr. Wayne...

Project STAR (Social Transformation and Renewal) is now listed on the Jamaica Social Stock Exchange (JSSE). The JSSE provides a platform to assist social-sector organisations to attract long-term funding to make their projects sustainable. Project STAR is a social and economic transformation programme created by the Private Sector Organisation of Jamaica (PSOJ), in partnership with the Jamaica Constabulary Force and...

The Betting, Gaming and Lotteries Commission (BGLC) has advised that its Licensing and Registration division will be closed from Monday, February 5 to Friday, February 16. This is to facilitate preparations for the upcoming Licensing and Renewal activities, which will begin in March. Submission of applications for processing will not be accepted during this period. The BGLC Licensing and Registration...