Latest

BOJ Anticipates Brief Interruption in Declining Inflation Rate Trajectory

The Bank of Jamaica (BOJ) has advised that the country’s declining inflation rate is expected to be temporarily interrupted, but projected to return to the BOJ’s target range thereafter. The inflation rate in April was 5.3 per cent, which is...

Bank of Jamaica (BOJ) Deputy Governor, Natalie Haynes, addresses Tuesday's (May 21) BOJ Quarterly Monetary Policy Press Conference. Listening is BOJ Senior Deputy Governor, Dr. Wayne Robinson.

Polymer Banknotes Comprise 87 Per Cent of Currency in Circulation

Chief Public Procurement Officer at the Ministry of Finance and the Public Service, Andrei Bennett, explained that the Procurement Review Board exists to hear grievances from contractors.

Contractors Reminded to Take Procurement Grievances to Review Board

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, shares a light moment with Executive Director, Transformation Implementation Unit (TIU), Maria Thompson Walters (second right) and Permanent Secretary, Ministry of Foreign Affairs and Foreign Trade, Ambassador Sheila Sealy Monteith, during the launch of the 2024 Public Sector Debate Competition on Wednesday (May 15), at the Jamaica Pegasus Hotel, in New Kingston.

Increased Participation and Prizes for Public Sector Debate Competition

Minister of State in the Ministry of Finance and the Public Service , Hon Zavia Mayne, addresses the 26th Regional Conference of Customs Directors General of the Americas and the Caribbean, at the Hilton Hotel, St. James, on May 13.

Jamaica Customs Agency Investing Heavily to Expand Digital Ecosystem

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks in the House of Representatives recently.

2 years ago Finance & Public Service

Finance Minister Says Inflation Target Will Remain at Four to Six Per Cent

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, has informed that the current inflation target for the Bank of Jamaica will remain at four to six per cent. Dr. Clarke made the announcement during a statement to the House of Representatives on Tuesday (May 7). He explained that the process for setting and renewing the target...

Minister of Finance and the Public Service (MoFPS), Dr. the Hon. Nigel Clarke (left); State Minister, Ministry of Education and Youth, Hon. Marsha Smith (right); and Deputy Financial Secretary, Public Expenditure Division, MoFPS, Loris Jarrett, view the MoFPS’ Citizens’ Guide to the 2024/25 Budget, which will be distributed to schools island wide. Copies of the guide were handed over to the Education Ministry , during a ceremony held at the Finance Ministry’s National Heroes Circle offices in Kingston on Friday (May 3).

2 years ago EducationFinance & Public ServiceYouth

PHOTOS: Handover of Budget Guide for Schools

Minister of Finance and the Public Service (MoFPS), Dr. the Hon. Nigel Clarke (left); State Minister, Ministry of Education and Youth, Hon. Marsha Smith (right); and Deputy Financial Secretary, Public Expenditure Division, MoFPS, Loris Jarrett, view the MoFPS’ Citizens’ Guide to the 2024/25 Budget, which will be distributed to schools island wide. Copies of the guide were handed over to...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addressing the Elevate Procurement Conference at the Montego Bay Convention Centre in Rose Hall, St. James, on Tuesday (April 23).

2 years ago Finance & Public Service

Gov’t of Jamaica Procurement Awards to Be Established

The Government of Jamaica (GOJ), through the Ministry of Finance and the Public Service, is looking to establish the GOJ Procurement Awards. This initiative aims to celebrate excellence and innovation in the public procurement system across various entities, according to Portfolio Minister, Dr. the Hon. Nigel Clarke. He was speaking during the Elevate Procurement Conference on Tuesday (April 23) at...

Deputy Financial Secretary in the Ministry of Finance and the Public Service, Wayne Jones, makes a presentation on public-sector transformation, at the opening of the fourth Organisation Development Transformation Conference, hosted by the Caribbean Centre for Organisation Development Excellence (CARI-CODE), at the Terra Nova All-Suite Hotel in St. Andrew on Wednesday (April 24). The two-day event was held under the theme ‘BEYOND TOMORROW – Organisation Development as Leverage in the era of Artificial Intelligence and Society 5.0’ and featured local and international presenters.

2 years ago Finance & Public ServiceTechnology

PHOTO: Organisation Development Conference

Deputy Financial Secretary in the Ministry of Finance and the Public Service, Wayne Jones, makes a presentation on public-sector transformation, at the opening of the fourth Organisation Development Transformation Conference, hosted by the Caribbean Centre for Organisation Development Excellence (CARI-CODE), at the Terra Nova All-Suite Hotel in St. Andrew on Wednesday (April 24). The two-day event was held under the...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses Tuesday’s (April 23) opening of the Elevate Procurement Conference at the Montego Bay Convention Centre in Rose Hall, St. James.

2 years ago Finance & Public Service

Finance Minister Underscores Importance of Public Procurement Regime Revisions

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, has reaffirmed and underscored the significance of the incoming amendments to the Public Procurement Act 2015 and Regulations, which are aimed at enhancing the efficiency and effectiveness of the procurement process. Speaking on the opening day of the Elevate Procurement Conference at the Montego Bay Convention Centre in...

Bank of Jamaica (BOJ) Senior Deputy Governor, Dr. Wayne Robinson (left), outlines details of the new BOJ Automated Banking Machines (ABM) Service-Level Standards for Deposit-Taking Institutions (DTIs), during a Jamaica Information Service (JIS) interview. Listening is BOJ Deputy Governor with responsibility for the Central Bank’s Financial Institutions Supervisory Division, Dr. Jide Lewis.

2 years ago Finance & Public Service

Comprehensive Market Conduct And Consumer Protection Framework To Be Developed For Financial Sector

Bank of Jamaica’s (BOJ’s) recently introduced Automated Banking Machines (ABM) Service-Level Standards for deposit-taking institutions (DTIs), are consistent with the Government’s thrust to develop a robust and comprehensive market conduct and consumer protection framework for the financial sector. This framework will ensure that, in addition to prudential regulation of all financial institutions by one regulator, another will monitor the market...

The Office of Public Procurement of the Ministry of Finance and the Public Service will be staging their inaugural Elevate Procurement Conference from April 23 to 25 at the Montego Bay Convention Centre in St. James.

2 years ago Finance & Public Service

Elevate Procurement Conference Gets under way on April 23

Anticipation is high for Tuesday’s (April 23) start of the Ministry of Finance and the Public Service’s inaugural ‘Elevate Procurement Conference’, at the Montego Bay Convention Centre in St. James. The event will feature three days of exciting and engaging discussions and presentations by local and international experts, under the theme ‘Elevate: Innovate, Create’. Chief Procurement Policy Officer at the...