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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, tables the 2024/25 Estimates of Expenditure in the House of Representatives on Thursday (February 15). At left is Deputy Prime Minister and Minister of National Security, Hon. Dr. Horace Chang.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, tables the 2024/25 Estimates of Expenditure in the House of Representatives on Thursday (February 15). At left is Deputy Prime Minister and Minister of National Security, Hon. Dr. Horace Chang.

Gov’t Allocates $24.5 Billion to Support New Projects under PIMS

The Government has allocated $24.5 billion to support new projects under the Public Investment Management System (PIMS). Details of the provision are outlined in the 2024/25 Estimates of Expenditure, tabled in the House of Representatives by Minister of Finance and...
Bank of Jamaica (BOJ) Deputy Governor, Natalie Haynes.
Bank of Jamaica (BOJ) Deputy Governor, Natalie Haynes.

New Polymer Currency Accounts for 60 Per Cent of Notes in Circulation
View of the steps leading to the Bank of Jamaica.
View of the steps leading to the Bank of Jamaica.

Early Closure of Teller Services – Local Government Election Day
Bank of Jamaica (BOJ) Governor, Richard Byles, addresses the BOJ’s Quarterly Monetary Policy Press Conference on Wednesday (February 21).
Bank of Jamaica (BOJ) Governor, Richard Byles, addresses the BOJ’s Quarterly Monetary Policy Press Conference on Wednesday (February 21).

Foreign Exchange Market Remains Relatively Stable – BOJ
Director General, Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry (centre), addresses the agency’s quarterly media briefing on Wednesday (February 21) at the PIOJ’s head office in New Kingston. With him (from left) are PIOJ Senior Director, Economic Planning and Research Division, James Stewart; and PIOJ Economic Specialist in the Growth Inducement Programme, Kellie-Ann Murray
Director General, Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry (centre), addresses the agency’s quarterly media briefing on Wednesday (February 21) at the PIOJ’s head office in New Kingston. With him (from left) are PIOJ Senior Director, Economic Planning and Research Division, James Stewart; and PIOJ Economic Specialist in the Growth Inducement Programme, Kellie-Ann Murray

PIOJ Outlook for Jamaica’s Short to Medium-Term Economic Prospects Positive

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The Dairy Barn at the Bodles Research Station in St. Catherine.
AgricultureFinance & Public ServiceFisheriesParliament

$406 Million Earmarked to Continue Rehabilitation of Agricultural Research Centres

The Government has made a budgetary allocation of $406 million to commence the second phase of the Rehabilitation of Research Centres project in the agricultural sector in the upcoming fiscal year. The allocation is contained in the 2024/25 Estimates of Expenditure, which was tabled in the House of Representatives by Minister of Finance and the Public Service, Dr. the Hon....
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Director General, Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry.
Finance & Public ServiceIndustry

PIOJ Reports Estimated 1.9 Per Cent Growth for December 2023 Quarter

The Planning Institute of Jamaica (PIOJ) is reporting that the economy grew by an estimated 1.9 per cent during the October to December 2023 quarter, compared with the corresponding period in 2022. Speaking during the PIOJ’s quarterly briefing on Wednesday (February 21), Director General, Dr. Wayne Henry, said the out-turn for the review quarter largely reflected the impact of higher...
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Finance & Public ServiceLabourSocial Security

Final Evaluation of Public Sector Transformation Implementation Project

The final audit and evaluation of the Public Sector Transformation Implementation Project is to be conducted in the upcoming fiscal year. Details of the undertaking are outlined in the 2024/25 Estimates of Expenditure, tabled in the House of Representatives by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, on February 15. The Ministry of Finance and...
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Executive Director of the Scientific Research Council, Dr. Charah Watson, speaks at a Jamaica Information Service (JIS) Think Tank in Kingston, on February 21.
Finance & Public ServiceScienceTechnology

SRC to Assist Local Innovators

Local innovators will soon benefit from the establishment of a technology commercialisation suboffice that will offer assistance in getting their products on the market. This follows a partnership between the Scientific Research Council (SRC) and the Development Bank of Jamaica (DBJ). A brainchild of the DBJ, the suboffice was initially designed to help universities commercialise research output but will now...
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Bank of Jamaica (BOJ) Governor, Richard Byles, addresses the BOJ’s semi-virtual Quarterly Monetary Policy Report Press Conference on Wednesday (February 21).
Finance & Public Service

Jamaican Economy Remains Buoyant

Bank of Jamaica (BOJ) Governor, Richard Byles, says real gross domestic product (GDP), which is the total value added generated from economic activity, continues to expand. He noted that despite the impact of bouts of adverse weather on the agricultural sector, real GDP for the December 2023 quarter is estimated to have grown within the range of one to three...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, tables the 2024/25 Estimates of Expenditure in the House of Representatives on Thursday (February 15). At left is Deputy Prime Minister and Minister of National Security, Hon. Dr. Horace Chang.
Finance & Public ServiceIndustry

Government Allocates $441 Million to Complete Christiana Tax Office

Approximately $441.7 million has been budgeted by the Government to complete construction of the Christiana Tax Office in Manchester, to replace the existing facility. The sum is earmarked in the 2024/25 Estimates of Expenditure, tabled in the House of Representatives by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, on February 15. Tax Administration Jamaica (TAJ)...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, tables the 2024/25 Estimates of Expenditure in the House of Representatives on Thursday (February 15). At left is Deputy Prime Minister and Minister of National Security, Hon. Dr. Horace Chang.
AgricultureEducationFinance & Public ServiceFisheriesMining

$180 Million Earmarked for Completion of Diagnostic Centre at CASE

The diagnostic centre at the College of Agriculture, Science and Education (CASE) in Portland is expected to be completed in the 2024/25 fiscal year. A sum of $180 million has been allocated for the undertaking in the 2024/25 Estimates of Expenditure, which was tabled in the House of Representatives by Minister of Finance and the Public Service, Dr. the Hon....
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