The House of Representatives, on Tuesday (July 1), approved the first supplementary estimates for the 2025/26 fiscal year. The 2025/26 Estimates of Expenditure has now moved from $1,260,048,978 to $1,270,538,106. In her remarks, Minister of Finance and the Public Service, Hon. Fayval Williams, said the estimates will facilitate the allocation of $58.1 billion to ministries, departments, and agencies (MDAs). She...

Minister of Finance and the Public Service, Hon. Fayval Williams, says the Government’s decision not to renew the Jamaica Public Service Company (JPS) all-island licence under its current terms does not imply an intention to purchase the utility. Rather, it enables the Government to explore alternative options ahead of the licence’s expiration on July 8, 2027. “It allows us to...

Managing Director of the Jamaica Stock Exchange (JSE), Dr. Marlene Street Forrest, is applauding the growing interest of young Jamaicans in financial literacy. “When we get them interested in the stock market at an early age you have them for life, and they can develop careers from this,” she said. The Managing Director was speaking at an awards ceremony for...

Tax Administration Jamaica (TAJ) is advising taxpayers that the process for filing Objections to Notices of Assessments must be done online effective Tuesday July 1, 2025. Following the effective date, taxpayers will be required to submit Objections using the eServices account on TAJ’s website at www.jamaicatax.gov.jm. This new requirement forms part of the Tax Authority’s continued efforts to improve the...

Tax Administration Jamaica (TAJ) advises that although the General Consumption Tax (GCT) Form 4A became available for filing on Wednesday, June 25, 2025, through the Revenue Administration Information System (RAIS) eServices platform, the payment due date for GCT remains Monday, June 30, 2025. However, recognizing the recent availability of the form, the Authority has taken the decision to extend the...

The House of Representatives, on Tuesday (June 24), approved the Public Procurement (Amendment) Regulations, 2025. Minister of Finance and the Public Service, Hon. Fayval Williams, said the Regulations are a proactive response to Jamaica’s evolving public procurement landscape. “They align the country’s procurement practices with international standards, improve confidence among stakeholders, and support Jamaica’s broader goals of sustainable development, institutional...

A formal partnership to support downtown Kingston’s revitalisation has been sealed between the Kingston and St. Andrew Municipal Corporation (KSAMC) and the Jamaica Stock Exchange (JSE). A Memorandum of Understanding (MOU) for the adoption and maintenance of a section of Gold Street, downtown Kingston, has been signed between the KSAMC and JSE. The agreement forms part of the KSAMC’s Cleaner...