The Government intends to, over the next 12 months, list on the Jamaica Stock Exchange (JSE) some of its shares in several infrastructure entities. These entities include South Jamaica Power, TransJamaican Highway, and the Jamaica Public Service Company (JPS). The listing is expected to be done via a special infrastructure vehicle, which is to be created for the purpose of...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says progress is being made to conclude discussions regarding the next phase of the public-sector compensation package. He was responding to concerns raised by Opposition Spokesperson on Finance, Julian Robinson, regarding the reduction in the allocation for public-sector compensation in the Fourth Supplementary Estimates, tabled in the House...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, tabled the Fourth Supplementary Estimates for fiscal year 2023/24 in the House of Representatives, on Tuesday (January 23). The Fourth Supplementary Estimates proposes a total expenditure of approximately $1.091 trillion, a reduction of $2.5 billion on the approved Budget, following the submission and approval of the Third Supplementary...

The Government is actively considering removing the guarantor requirement for Students’ Loan Bureau (SLB) applicants. This was disclosed by Prime Minister, the Most Hon. Andrew Holness, while responding to a question posed regarding higher education during his rap session with students at the Guy’s Hill High School in St. Catherine on Thursday (January 18). “Let’s start with what is generally...

The Students’ Loan Bureau (SLB) is affirming its commitment to customers by providing various loan-repayment options. Executive Director of the SLB, Nickeisha Walsh, told JIS News in an interview that the lending agency has the lowest interest rate for any form of educational loan repayment across the country. “There's a notion for persons coming up in our older generation that...

The Educate to Elevate community outreach programme, a back-to-school initiative of the Hope Gospel Assembly, will be the beneficiary of the proceeds from the 44th staging of the National Leadership Prayer Breakfast (NLPB). This was disclosed by Secretary, NLPB, Rev. Major (Ret’d) Canute Chambers, at a press briefing held on Thursday (January 11) at the Victoria Mutual Group Training Room,...

The Ministry of Finance and the Public Service will host its third Staff Health Expo on January 12. The event, which is slated for the Ministry’s parking lot at National Heroes Circle in Kingston beginning 10:00 a.m., is intended to cater to the overall well-being of the Ministry’s staff complement of approximately 600. Corporate Communications and Public Relations Director, Shelly-Ann...