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

Work Continues on Public Sector Transformation Implementation Project

A total of $2.37 billion has been budgeted to facilitate the continuation of work under the Public Sector Transformation Implementation Project in 2023/24. The sum is contained in the 2023/24 Estimates of Expenditure, which will be reviewed by the Standing...
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, tables the 2023/24 Estimates of Expenditure in the House of Representatives on February 14.
Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, tables the 2023/24 Estimates of Expenditure in the House of Representatives on February 14.

Business Environment Being Strengthened
Bank of Jamaica (BOJ) Governor, Richard Byles, addressing journalists during the institution’s recent quarterly media briefing at the BOJ Auditorium in downtown Kingston.
Bank of Jamaica (BOJ) Governor, Richard Byles, addressing journalists during the institution’s recent quarterly media briefing at the BOJ Auditorium in downtown Kingston.

BOJ Governor and JSE Head for ‘Lets Connect’with Ambassador Marks
Bank of Jamaica (BOJ) Governor, Richard Byles, addressing journalists during the institution’s recent quarterly media briefing at the BOJ Auditorium in downtown Kingston.
Bank of Jamaica (BOJ) Governor, Richard Byles, addressing journalists during the institution’s recent quarterly media briefing at the BOJ Auditorium in downtown Kingston.

Gross International Reserves Remain Healthy
Ground was broken for a new Christiana tax office in Manchester, on February 23. Taking part (from left) are Regional General Manager, Tax Administration Jamaica (TAJ), Althea Scott-Jones; Commissioner General, TAJ, Ainsley Powell; Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke; Member of Parliament, Manchester North East, Hon. Audley Shaw;  Chairman, TAJ Board, Paul Lalor, and Senior Manager, Christiana Tax Office, Claudette Gayle Foster.
Ground was broken for a new Christiana tax office in Manchester, on February 23. Taking part (from left) are Regional General Manager, Tax Administration Jamaica (TAJ), Althea Scott-Jones; Commissioner General, TAJ, Ainsley Powell; Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke; Member of Parliament, Manchester North East, Hon. Audley Shaw;  Chairman, TAJ Board, Paul Lalor, and Senior Manager, Christiana Tax Office, Claudette Gayle Foster.

More Tax Offices to Be Upgraded

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Finance & Public ServiceParliamentTransport

Allocation of $22.1 Billion for Southern Coastal Highway Improvement Project

An allocation of $22.1 billion has been made to continue work on the Southern Coastal Highway Improvement Project in the upcoming fiscal year. The sum has been budgeted in the 2023/24 Estimates of Expenditure, tabled in the House of Representatives by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, recently. The objective of the project is...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks after tabling the 2023/24 Estimates of Expenditure in the House of Representatives on February 14.
Finance & Public ServiceIndustryInvestmentParliament

$1.1 Billion for Project to Boost Growth of MSMEs and Start-Ups

Just over $1.1 billion has been allocated to continue the implementation of the Boosting Innovation, Growth and Entrepreneurship Ecosystems (BIGEE) project. The project aims to promote the sustainable and robust growth among startups and MSMEs in Jamaica. Details are contained in the 2023/24 Estimates of Expenditure, now before the House of representatives. There have been several physical achievements up to...
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Finance & Public ServiceIndustryInvestmentParliament

More Support for MSMEs

The Government will continue its drive to support the improvement of access to finance for micro, small and medium-sized enterprises (MSMEs) in the upcoming fiscal year. This, from a provision of $750 million contained in the 2023/24 Estimates of Expenditure, now before the House of representatives. There are four components of the project, namely enhancing the Credit Enhancement Facility (CEF)...
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A $2.3-billion allocation has been made to continue work on the Southern Plains Agricultural Development Project in the upcoming fiscal year. The sum has been budgeted in the 2023/24 Estimates of Expenditure, tabled in the House of Representatives by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, recently. The project, which began in December 2019, aims to provide access to irrigation water on fallow sugar lands, to increase agricultural productivity through the modernisation of the agricultural sector. It includes construction of wells and canal network and the development of the associated agricultural infrastructure in the arable areas of Amity Hall and Bridge Pen in St. Catherine and Parnassus in Clarendon. Up to December 2022, the drilling of three wells and yield test were completed in Parnassus, and abstraction licences were approved by the Water Resources Authority. Other physical achievements of the project include the completion of capacity-building for climate resilience and crop modelling, the design of agricultural buildings, the irrigation network design, the irrigation and road/draining works, and a gender-responsive training manual for farmer groups. For fiscal year 2023/24, anticipated physical targets of the project are to commence the construction of agricultural buildings and to complete the construction of irrigation network and roads/drainage infrastructure, as well as to complete the rehabilitation of Hartlands canal. This is in addition to the re-tender for contract to construct pump houses and reservoir at Amity Hall/Bridge Pen and the acquisition of GIS equipment for the NIC. (more) Southern Plains…2 The project is being implemented by the Ministry Agriculture and Fisheries, with co-funding from the Government of Jamaica and the Caribbean Development Bank. It is slated to end in December 2024. An additional $361.7 million has been earmarked to undertake activities in fiscal year 2024/25, if necessary.
AgricultureFinance & Public ServiceParliament

Southern Plains Agricultural Development Project Gets $2.3 Billion

A $2.3-billion allocation has been made to continue work on the Southern Plains Agricultural Development Project in the upcoming fiscal year. The sum has been budgeted in the 2023/24 Estimates of Expenditure, tabled in the House of Representatives by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, recently. The project, which began in December 2019, aims...
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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks after tabling the 2023/24 Estimates of Expenditure in the House of Representatives on February 14.
AgricultureFinance & Public ServiceFisheriesParliament

Work Continues on Essex Valley Irrigation Project

The Essex Valley Irrigation Infrastructure Development Programme, being implemented by the Ministry of Agriculture and Fisheries, is to continue in the upcoming fiscal year through an allocation of nearly $4.5 billion. Details of the allocation are outlined in the 2023/24 Estimates of Expenditure, tabled in the House of Representatives by Minister of Finance and the Public Service, Dr. the Hon....
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