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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.

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....

House Approves Removal of GCT on Importation of Horses

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, emphasises a point at the 54th annual monetary studies conference at the Bank of Jamaica, downtown Kingston, on November 1. At right is Governor, Bank of Jamaica, Richard Byles.

Measures in Place to Fund Emergency Costs Associated with Natural Disasters

Minister of Finance and the Public Service and Member of Parliament for St. Andrew North Western, Dr. the Hon. Nigel Clarke, addresses the Universal Service Fund (USF) Sherlock Community Wi-Fi Launch on October 18. The launch took place at the Sherlock community centre in St. Andrew.

PHOTOS: USF Launches Sherlock Community Wi-Fi

Minister of Labour and Social Security, Hon. Pearnel Charles Jr. (right), makes a point during a recent meeting with the Inter-American Development Bank (IDB) General Manager, Caribbean Country Department, Anton Edwards, at the Ministry in Kingston.

Reform of Path to Provide Greater Benefits – Minister

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...

The Planning Institute of Jamaica (PIOJ) will be hosting the biennial staging of its Dialogue for Development Series and Lecture, from November 1 to 2.

2 years ago Finance & Public ServiceIndustry

PIOJ Hosts Dialogue for Development and Lecture Nov. 1-2

The Planning Institute of Jamaica (PIOJ) will be hosting the biennial staging of its Dialogue for Development Series and Lecture, from November 1 to 2. The series, which is geared towards educating the public about government policies and, by extension, soliciting their feedback, will be a free virtual event requiring registration. Senior Director, Corporate Marketing and Communication, PIOJ, Marcia Blake...

Minister of Education and Youth, Hon. Fayval Williams addresses the launch of the Primary School Stock Market Education Programme at the Jamaica Stock Exchange (JSE) in downtown Kingston, on Friday (October 20).

2 years ago EducationFinance & Public Service

Education Minister Endorses JSE Primary School Stock Market Education Programme

The Jamaica Stock Exchange’s (JSE) efforts to develop the capacity of young people in financial literacy and money management have been endorsed by Minister of Education and Youth, Hon. Fayval Williams. Speaking during the launch of the Primary School Stock Market Education programme at the JSE in downtown Kingston on Friday (October 20), Mrs. Williams said the initiative is designed...

2 years ago Finance & Public Service

Moody’s Ratings Upgrade Reflects Effectiveness of Gov’t Policy

The upgrading of Jamaica’s credit rating by Moody’s is another testament of the effectiveness of the Government’s policy framework in improving the country’s economic independence and creating an attractive environment for investment that supports jobs and growth. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, in a statement welcoming the upgrading said, “our economic policy framework...

2 years ago Finance & Public ServicePress Release

Moody’s Upgrade Jamaica’s Rating to ‘B1’ and Revises Outlook to Positive

Moody’s Investors Service, today, Wednesday, October 18, 2023, upgraded the Government of Jamaica’s (GOJ’s) long-term issuer and senior unsecured ratings from ‘B2’ to ‘B1’ and revised the outlook from Stable to Positive. The decision to upgrade the rating reflects Moody’s analysis that the GOJ, faced with various external shocks,maintained a steadfast commitment to sustainable fiscal policy anchored on Jamaica’s medium...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (right), converses with General Manager, Country Department Caribbean Group and Country Representative, Jamaica, Inter-American Development Bank (IDB), Anton Edmunds, during the opening session for the IDB’s Sub-Regional Policy Dialogue on Ecosystems of Entrepreneurship and Innovation in the Caribbean Region, at the AC Hotel by Marriott Kingston on Wednesday (October 18).

2 years ago Finance & Public Service

Jamaica’s Economic Performance the Best Ever – Minister Clarke

Jamaica’s economic performance is the best it has ever been, says Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke. He cited, among the indicators, the country’s robust foreign exchange reserves, low unemployment rate, low debt to gross domestic product (GDP) ratio, as well as sustained periods of growth. “Jamaica, today, has macroeconomic fundamentals that represent the...

Director General, Statistical Institute of Jamaica (STATIN), Carol Coy.

2 years ago Finance & Public ServiceIndustry

July Unemployment Rate Remains at Record-Low 4.5 Per Cent

Jamaica’s unemployment rate for July 2023 was 4.5 per cent, equalling the record-low outturn reported for April. Director General of the Statistical Institute of Jamaica (STATIN), Carol Coy, who was addressing the agency’s virtual quarterly press briefing on Wednesday (October 18), informed that the rate was 2.1 percentage points lower than July 2022. There were 1,315,100 employed persons in July...