Latest

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (right), receives a plaque from Senior Director, Legal Affairs Unit, Jamaica Customs Agency (JCA), Hazel Edwards, during the JCA’s 10th Anniversary Stakeholders’ Appreciation Awards, held recently at the Terra Nova All Suite Hotel in St. Andrew.

New Act Will Modernise Customs – Minister Clarke

The new Customs Act, when passed, will provide the centrepiece for the modernisation and transformation of the Customs landscape, says Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke. He noted that the legislation will better address...

Deputy Governor, Research and Economic Programming Division and Financial Stability, Bank of Jamaica (BOJ), Robert Stennett.

Deposit Portability Could Be A Reality Soon

Minister without Portfolio with Responsibility for Information, Hon. Robert Morgan, addressing Wednesday’s (May 24) post-Cabinet press briefing at Jamaica House.

Outcomes of Prime Minister’s Decision on Salary Adjustments Highlighted

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addressing Wednesday’s (May 24) post-Cabinet press briefing at Jamaica House. At left is Minister without Portfolio with Responsibility for Information in the Office of the Prime Minister, Hon. Robert Morgan.

Finance Minister Reiterates Gov’t’s Commitment to Addressing Public-Sector-Compensation Anomalies

Prime Minister, the Most Hon. Andrew Holness (second right), plants a tree along the P.J. Patterson Highway (Highway 2000), in the vicinity of the Hartlands underpass in the parish of St. Catherine. He is assisted by Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Senator the Hon. Matthew Samuda (third left). Looking on (from left) are Chief of Defence Staff, Rear Admiral Antonette Wemyss Gorman; Minister of Culture, Gender, Entertainment and Sport, Hon. Olivia Grange; Minister of Local Government and Rural Development, Hon. Desmond McKenzie and Chief Executive Officer, Forestry Department and Conservator of Forests, Ainsley Henry.

Gov’t Well Underway with Public Sector Compensation Review and Transformation

Bank of Jamaica (BOJ) Governor, Richard Byles.

3 years ago Finance & Public Service

Jamaica’s Economy Continues on Strong Growth Path

Jamaica’s economy is estimated to have grown in the range of four to 5.5 per cent for fiscal year 2022/23. This out-turn, according to Bank of Jamaica (BOJ) Governor, Richard Byles, is consistent with the range previously anticipated by the institution. He was addressing journalists during the BOJ’s semi-virtual media briefing on Monday (May 22). Mr. Byles, who noted that...

Prime Minister, the Most Hon. Andrew Holness, addresses the opening of the Sandals Dunn’s River Hotel in Mammee Bay, St. Ann, on May 19.

3 years ago Economic Growth & Infrastructure DevelopmentFinance & Public ServicePrime Minister

PM Credits Prudent Fiscal Management for Economic Recovery

Prime Minister, the Most Hon. Andrew Holness, has credited the economy’s quick recovery and return to pre-COVID-19 growth levels to the Government’s prudent fiscal management. He noted that unemployment has dropped to six per cent, the lowest ever in Jamaica’s history, to the point where the country is practically approaching full employment. “The fiscal management has been such that the...

Secretary of State for Foreign, Commonwealth and Development Affairs, United Kingdom (UK), the Rt. Hon. James Cleverly, addresses a press conference at the Ministry of Foreign Affairs and Foreign Trade, downtown Kingston, on May 19.

3 years ago Climate ChangeFinance & Public ServiceForeign Affairs

Jamaica to Benefit from £7-Million Climate Financing Package

Jamaica is set to benefit from a £7-million package to increase the country’s access to climate financing. This was announced by Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom (UK), the Rt. Hon. James Cleverly, during a press conference following the Jamaica-UK strategic dialogue at the Ministry of Foreign Affairs and Foreign Trade downtown Kingston...

3 years ago Finance & Public Service

Inflation Falls Within Central Bank’s Four to Six Per Cent Target Range

Jamaica’s headline and core inflation rates have fallen within the Central Bank’s four to six per cent target range, following out-turns for April. Headline inflation, which fell to 5.8 per cent, is a measure of the rate of price increases within the economy and includes commodities such as food and energy. Core inflation, which measures the change in the cost...

Prime Minister, the Most Hon. Andrew Holness, emphasises a point during a press conference held today (May 22) at the Office of the Prime Minister.

3 years ago Finance & Public ServiceOffice of the Prime MinisterPrime Minister

PM Declines Salary Increase

Prime Minister, the Most. Hon. Andrew Holness, has declined his salary increase under the new public-sector-compensation regime. His salary will remain at its current level of $9.16 million. “I have directed the Transformation Implementation Unit to remove the Prime Minister's compensation from the new salary scale. The Prime Minister's compensation will, therefore, remain at its previous levels,” Prime Minister Holness...

Minister of Foreign Affairs and Foreign Trade, Senator Hon. Kamina Johnson Smith (right), explains features of the new banknotes commemorating Jamaica 60th anniversary to Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom, the Rt. Hon. James Cleverly, following the Jamaica-United Kingdom strategic dialogue at the Ministry’s downtown Kingston offices on May 19. At left is Currency Operations Manager, Bank of Jamaica, Kamla Louden Dawkins. The banknotes, produced by, De La Rue, a British company, will soon be in circulation.

3 years ago Finance & Public Service

PHOTOS: Minister Johnson Smith Displays New Banknotes

Minister of Foreign Affairs and Foreign Trade, Senator Hon. Kamina Johnson Smith (right), explains features of the new banknotes commemorating Jamaica 60th anniversary to Secretary of State for Foreign, Commonwealth and Development Affairs of the United Kingdom, the Rt. Hon. James Cleverly, following the Jamaica-United Kingdom strategic dialogue at the Ministry’s downtown Kingston offices on May 19. At left is...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, emphasises a point while addressing the House of Representatives on Tuesday (May 16). Listening are Deputy Prime Minister and Minister of National Security, Hon. Dr. Horace Chang (left) and Minister of Legal and Constitutional Affairs, Hon. Marlene Malahoo Forte.

3 years ago Finance & Public Service

Legislation Passed to Indemnify Consumer Protection Tribunal

The House of Representatives on Tuesday (May 16) passed the Consumer Protection, Validation and Indemnity of Tribunal Act, 2023 during its sitting at Gordon House. The Bill, which was piloted by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, aims to validate and confirm as lawful the purported continuation in office of members of the Consumer...