Implementation of the Public Procurement (Set-Asides) Framework, which reserves a portion of government contracts for Jamaican suppliers, will be advanced during fiscal year 2026/27. Minister of Finance and the Public Service, Hon. Fayval Williams, announced during the opening of the 2026/27 Budget Debate in the House of Representatives on March 10 that the Government, in partnership with the Public Procurement...

Opposition Spokesperson on Finance, Julian Robinson, has proposed the implementation of an Electronic Invoicing System for Tax Administration Jamaica (TAJ). He made the recommendation during his contribution to the 2026/27 budget debate in the House of Representatives on March 12. Mr. Robinson estimates that the e-invoicing system could generate an additional $8.6 billion in tax revenue through improved tax compliance....

The 2026 ISSA/GraceKennedy Boys and Girls’ Athletics Championships will honour recovery and renewal, while standing as a symbol of national resilience and proof that Jamaica’s young people remain steadfast, hopeful and driven after hardship. Minister of Culture, Gender, Entertainment and Sport, Hon. Olivia Grange, made the declaration while addressing the official launch of “Champs” at the National Arena in Kingston,...

The Government, in partnership with the Bank of Jamaica (BOJ), the Jamaica Stock Exchange (JSE), and the Financial Services Commission (FSC), plans to launch the Fixed Income Trading Platform (FITP) in the near term. The FITP will provide a centralised and standardised framework for the listing, trading and management of Government of Jamaica (GOJ) securities. This initiative forms part of...

Minister of Finance and the Public Service, Hon. Fayval Williams, announced that a significant portion of the national Budget for the upcoming fiscal year will be allocated to rebuilding infrastructure damaged by Hurricane Melissa on October 28. Highlighting a record breaking $1.4-trillion allocation for the 2026/27 financial year, the Minister underscored the urgent need to repair extensive damage across western...

The Government continues to prioritise reform of the Primary Dealers (PD) System, emphasising that a well functioning framework is essential for the ongoing development of the domestic debt market. Minister of Finance and the Public Service, Hon. Fayval Williams, made the disclosure while opening the 2026/27 Budget Debate in the House of Representatives on March 10. She explained that the...

The Government will be taking steps to simplify Regulation 47 of the Insurance Regulation, to make it easier for life insurance companies to invest in corporate debt. Minister of Finance and the Public Service, Hon. Fayval Williams, made the disclosure as she opened the 2026/27 Budget Debate in the House of Representatives on Tuesday (March 10). Mrs. Williams said life...