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Chairman of the Economic Programme Oversight Committee (EPOC), Keith Duncan.

Government Lauded for Proactive Approach to Financing Natural Disaster Risks

The Government’s layered approach to financing natural disaster risks has been hailed by the Economic Programme Oversight Committee (EPOC) as a proactive and important development as the country continues to deal with climatic vulnerabilities. Chairman, Keith Duncan, during a press...

Chief Executive Officer, First Heritage Co-operative Credit Union, Roxann Linton (right), addressing the Civil Service Week public forum at the AC Hotel by Marriott Kingston on November 21. The event was held under the theme ‘Raising the Bar: Strengthening the Bond’.

PHOTOS: Civil Service Week Public Forum

Bank of Jamaica (BOJ) Deputy Governor, Natalie Haynes.

Over 70 Per Cent of Bank Notes in Circulation are Polymer – BOJ

Civil servants will take centre stage as Civil Service Week 2023 will highlight outstanding members of the public service. The week is being celebrated from November 19 t 25, under the theme, ‘Raising the Bar: Strengthening the Bond’.

Civil Servants Take Centre Stage November 19-25

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, delivers the keynote address during Wednesday’s (November 15) launch of the Public Procurement Commission (PPC) Contractor and Consultant Performance Evaluation Programme at the Terra Nova All-Suite Hotel in Kingston.

Contractor and Consultant Performance Evaluation Programme Launched

2 years ago Finance & Public ServiceIndustryPress Release

TAJ Opens Non-Cash Office at Regal Plaza, Cross Roads

Tax Administration Jamaica (TAJ) has taken another step along its digital road map, with the introduction of its first non-cash location in the Cross Roads area. The cashless office located in the Regal Plaza, 15B Old Hope Road, Cross Roads becomes operational on Friday, December 1, 2023, and will operate the standard opening hours (Mon – Wed 8:30 a.m. –...

2 years ago Finance & Public Service

Month-end Saturday Business Yields over $100M in Revenue

Tax Administration Jamaica (TAJ) is reporting an approximately $102M revenue yield from its Saturday month-end operations since 2021, when it implemented the service at select Tax Offices. This figure underscores the take-up by business persons and individuals, who have been utilizing the convenience of the Authority’s Saturday business operations. This Saturday November 25, 2023, as part of its continued provision...

2 years ago Finance & Public ServicePress Release

Annotto Bay Tax Office Temporary Closure Extended

Tax Administration Jamaica (TAJ) wishes to advise the public that it has extended the closure of the Annotto Bay Tax Office located in St. Mary. The decision has become necessary, as the building has been determined structurally comprised, by a Structural Engineer, which is the result of the 5.6 earthquake event earlier this month. The Tax Authority has redeployed staff...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left, seated) and General Manager, Country Department Caribbean Group and Country Representative, Jamaica, Inter-American Development Bank (IDB), Anton Edmunds (right, seated) affix their signatures to the US$1.2-million technical cooperation agreement between the Government of Jamaica (GOJ) and IDB to strengthen the country’s public-private partnership (PPP) programme, during a ceremony at the Finance Ministry in Kingston on Thursday (November 9). Witnessing the proceedings (from left, standing) are Acting Managing Director, Development Bank of Jamaica, David Wan; Permanent Secretary, Ministry of Economic Growth and Job Creation, Arlene Williams; and Chief Operations Officer, IDB, Lorenzo Escondeur.

2 years ago Finance & Public Service

Gov’t and IDB Sign US$1.2m Technical Cooperation Agreement

A US$1.2-million technical cooperation agreement was on Thursday (November 9) signed between the Government of Jamaica (GOJ) and the Inter-American Development Bank (IDB) to strengthen the country’s public-private partnership (PPP) programme. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, and IDB General Manager, Country Department Caribbean Group and Country Representative, Jamaica, Anton Edmunds, signed the agreement...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (right), and PWC Jamaica Territory Leader/Senior Partner, Bruce Scott, peruse a book during Thursday’s (November 9) Government of Jamaica Audit Committees’ Conference 2023 at The Summit in Kingston.

2 years ago Finance & Public Service

PAB and ICAJ Urged to Ensure High Professional Accountancy Standards are Maintained

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, has charged the Public Accountancy Board (PAB) and the Institute of Chartered Accountants of Jamaica (ICAJ) to exercise greater vigilance in ensuring that high professional standards are maintained. “Jamaica has the most developed capital markets in the Caribbean. We perform a crucial role in financial intermediation that is...

2 years ago Finance & Public ServicePress Release

Jamaica Launches First Ever Jamaican Dollar $-Linked Instrument in International Capital Markets

On November 3, 2023, the Government of Jamaica (GOJ) issued the first ever Jamaican Dollar (J$) linked international bond in the amount of J$46.6 billion, equivalent to USD 300 million. The issuance, which was oversubscribed 1.4 times, consists of Senior Unsecured Notes due 2030 which are registered with the Securities Exchange Commission in the United States. The operation represents the...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke.

2 years ago Finance & Public ServiceSport

House Approves Removal of GCT on Importation of Horses

The Government is eliminating the General Consumption Tax (GCT) on the importation of horses to provide better quality breeding stock and stimulate growth in the horse racing industry. The House of Representatives, on Wednesday (November 1), approved the General Consumption Tax (Amendment of Schedules) (No. 2) Order, 2023 to allow for the measure. Minister of Finance and the Public Service,...