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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addressing the Jamaica Stock Exchange (JSE) 19th Regional Investment and Capital Markets Conference at The Jamaica Pegasus hotel in New Kingston recently.

JSE’S Suite of Fixed Income Instruments to Expand by June

By the end of June, the Jamaica Stock Exchange (JSE) will become the first Caribbean marketplace to facilitate the issuance of green, blue, and other sustainable coloured bonds. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke,...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left), responds to a question at today’s (January 24) session of the Jamaica Stock Exchange (JSE) Investments and Capital Markets Conference at The Jamaica Pegasus hotel in New Kingston. At right is Head of Latin America Debt Capital Markets and Private Credit, Jefferies, Gabriel Roitman.

Government to Sell Some of Its Shares in Several Infrastructure Entities

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks in the House of Representatives, on Tuesday (January 23). Listening at right is Prime Minister, the Most. Hon. Andrew Holness.

Progress Being Made to Conclude Discussions on Allowances in Public Sector – Finance Minister

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks in the House of Representatives, on Tuesday (January 23).

Finance Minister Tables Fourth Supplementary Estimates

Prime Minister, the Most Hon. Andrew Holness, addresses fifth- and sixth-form students and their teachers at Guy’s Hill High School in St. Catherine while visiting the institution on Thursday (January 18).

Gov’t Contemplating Removing SLB Loan Guarantor Requirement for All Applicants

2 years ago Finance & Public Service

SLB Provides Various Loan-Repayment Options

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...

Chairman, National Leadership Prayer Breakfast (NLPB) Committee, Rev. Sam McCook, addresses the media launch of the event on Thursday (January 11) at the Victoria Mutual Group Training Room, Half-Way Tree Road in Kingston.

2 years ago Finance & Public Service

National Prayer Breakfast to Benefit ‘Educate to Elevate’ Community Outreach

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,...

Ministry of Finance and the Public Service Health Expo is geared towards its staff complement of approximately 600 persons and will cater to the overall well-being of its team.

2 years ago Finance & Public ServiceHealth & Wellness

Finance Ministry to Host Third Staff Health Expo on January 12

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...

2 years ago Finance & Public Service

Assistance for MDAs in Developing Workforce Plans

Ministries, departments and agencies (MDAs) are encouraged to contact the Strategic Workforce, Planning and Improvement Branch at the Ministry of Finance and the Public Service for assistance in developing workforce plans. Director for the Talent and Knowledge Management Portfolio, Collette Cummings McCausland, told JIS News that although the branch is “fairly new” it is on hand to provide the necessary...

The Bank of Jamaica (BOJ), located in downtown Kingston, Jamaica.

2 years ago Finance & Public ServicePress Release

Bank of Jamaica Maintains the Policy Rate

Bank of Jamaica’s Monetary Policy Committee (MPC), at its meetings on 18 and 19 December 2023, unanimously agreed to maintain: (i) the policy interest rate (the rate offered to deposit-taking institutions (DTIs) on overnight placements with Bank of Jamaica) at 7.0 per cent, (ii) tight Jamaican dollar liquidity conditions, and (iii) relative stability in the foreign exchange market. Jamaica’s annual...

View of the steps leading to the Bank of Jamaica.

2 years ago Finance & Public ServicePress Release

Summary of Monetary Policy Discussion and Decisions December 2023

At its meetings on 18 and 19 December 2023, the Monetary Policy Committee (MPC) noted the following: 1. Jamaica’s annual headline inflation rate at November 2023 of 6.3 per cent, which was outside the Bank’s target range of 4.0 to 6.0 per cent, was above the 5.1 per cent recorded at October 2023 but was much lower than the peak rate...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the House of Representatives on Tuesday (December 19)

2 years ago Finance & Public Service

Jamaica Fully or Partially Compliant with 37 of 40 FATF Recommendations

Jamaica is now either fully or partially compliant with 37 of the Financial Action Task Force (FATF) 40 Recommendations. The recommendations constitute the international standards by which jurisdictions’ preventative measures to combat the risks posed by criminals to launder the proceeds of crime and finance terrorism and proliferation of weapons of mass destruction are assessed. Providing the update in the...