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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (right), listens to State Minister in the Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn (second left), at a ceremony, held at the Public Procurement Commission (PPC), in Kingston, on August 24, to celebrate the entity’s ISO 9001:2015 certification achievement. Also listening (from left) are Chairman of the PPC, Raymond McIntyre, and PPC’s Executive Director, Lieutenant Commander (Ret’d) Paul Wright.

Public Procurement System to Be Reviewed

Plans are being made to review the public procurement system as the Government aims to achieve greater levels of efficiency. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said this will be a “data-driven approach towards...

Jamaica Stock Exchange (JSE) Managing Director, Dr. Marlene Street Forrest.

24-Hour Cable TV for Business News

Prime Minister, the Most Hon. Andrew Holness (third left), breaks ground for the development of Maverley Park in St. Andrew, on August 23. Also participating in the exercise are (from left) Councillor, Hughenden Division, Andrew Harris; Minister of Finance and the Public Service and Member of Parliament for St. Andrew Northwest, Dr. the Hon. Nigel Clarke; Minister of Local Government and Rural Development, Hon. Desmond McKenzie; Councillor, Vineyard Town Division and KSAMC Minority Leader, Andrew Swaby; and State Minister, Ministry of Industry, Investment and Commerce, Dr. the Hon. Norman Dunn.

Ground Broken for Development of Maverley Park

Director-General, Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry. (JIS File Photo)

Notable Gains in Attaining National Goals Under Vision 2030 Jamaica

Bank of Jamaica (BOJ) Governor, Richard Byles.

Reserves Remain Healthy

Chief Growth Officer at Lynk, Denise Williams and Chief Product Officer, Lynk, John Matthew Sinclair, address JIS ‘Think Tank’, on August 18.

3 years ago Finance & Public Service

LYNK Seeks to Tap into Multibillion-Dollar Market

Digital payment wallet, Lynk, is hoping to tap into the multibillion-dollar market of monetary transactions that exists in Jamaica. Digital payment wallets are the platforms used to facilitate transactions of the Bank of Jamaica’s Central Bank Digital Currency (CBDC). In Jamaica, approximately $10 trillion in transactions occur annually across all sectors, 80 per cent of which are cash transactions. Speaking...

Bank of Jamaica Governor, Richard Byles.

3 years ago Finance & Public Service

BOJ Projects Growth Within Range of 2.5 % and 4.5 % for 2022/23

The Bank of Jamaica (BOJ) is projecting 2022/23 fiscal year growth to be within the range of 2.5 per cent and 4.5 per cent. Governor, Richard Byles, says growth is also expected to range between one and three per cent for 2023/24. He was speaking during the BOJ’s digital quarterly media briefing on Friday (August 19). Noting that the economy...

3 years ago Finance & Public Service

Inflation Trending Down

The Bank of Jamaica (BOJ) is encouraged by the declining out-turns recorded in the last three Consumer Price Index (CPI) reports, Governor, Richard Byles, has said. The CPI, which measures variations (inflationary movements) in commodity prices for consumers, is administered by the Statistical Institute of Jamaica (STATIN). Mr. Byles noted that having peaked at 11.8 per cent in April 2022,...

Principal Director in the Office of the Cabinet, Public Sector Modernisation Division (PSMD), Karlene McKenzie Spencer.

3 years ago CabinetFinance & Public Service

Ministries to Establish Customer Service Units

The Government will be establishing customer service or service excellence units in all ministries over the next two years. The move aligns with the recently launched Service Excellence Policy that will govern the standard of service delivery by the public sector to internal and external customers. Principal Director in the Office of the Cabinet, Public Sector Modernisation Division (PSMD), Karlene...

Chief Product Officer, Lynk, John Matthew Sinclair, addresses JIS ‘Think Tank’, today (August 18). At left is Chief Growth Officer at Lynk, Denise Williams.

3 years ago Finance & Public Service

Billions of Dollars in Transactions Using Lynk

Since its introduction to the electronic payment landscape in December 2021, Lynk, Jamaica’s first digital wallet, has recorded more than $500 million in transactions on the platform. The Lynk App presently provides an opportunity for individuals, small and medium businesses to be able to pay and receive payments using a smartphone. Addressing a JIS ‘Think Tank’, today (August 18), Chief...

Flyer for the Ministry of Finance and the Public Service’s Healthy Wallet Expo< which will be held on August 19.

3 years ago Finance & Public Service

Finance Ministry Stages Healthy Wallet Expo for Public Sector Workers

The Ministry of Finance and the Public Service will be staging its first Healthy Wallet Expo on Friday, August 19. The event, which is targeting internal Ministry staff and other public-sector workers, will commence at 9:00 a.m. at the Ministry’s Heroes Circle headquarters. Director of Corporate Communication and Public Relations at the Ministry, Shelly-Ann Weeks, said the event is meant...

Governor-General, His Excellency the Most Hon. Sir Patrick Allen (left, front row) and Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (centre, front row), join the 2022 recipients of the Marcus Garvey Public Sector Graduate Scholarship during the awards ceremony held at King’s House in Kingston on Wednesday (August 17).

3 years ago Finance & Public ServiceGovernor General

14 Public Sector Workers Awarded Marcus Garvey Graduate Scholarship

Fourteen public-sector workers have been awarded full scholarships to pursue advanced studies at institutions locally and abroad. They are the second cohort to benefit from the Marcus Garvey Public Sector Graduate Scholarship, which is implemented by the Ministry of Finance and the Public Service. The awards ceremony was held at King’s House on Wednesday (August 17), on the day when...