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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (left), converses with Minister for the Americas and Overseas Territories, The Rt. Hon. Jesse Norman, at the launch of the British International Investment (BII) on Tuesday (October 25), at the British High Commission in Kingston.

Jamaica to Benefit from Return of BII to Region

The return of the British International Investment (BII) to the region will offer a vital new source of finance for countries. It will prioritise investments in the private sector, particularly small and medium-sized enterprises (SMEs), with a focus on sustainable...

Principal Director at the Ministry of Finance and the Public Service, Lorna Phillips (left), applauds as Nurse at the Racecourse Health Centre in Clarendon, Kamesha King (second left), cuts the ribbon to symbolise the official hand over a refurbishing project at the clinic on Friday (Oct.21), which was undertaken by the three 2021 Civil Servants of the Year. The project involved tiling the passageway and painting the front exterior walls of the clinic. Others celebrating the moment (from third left) are Public Health Nurse, Sheffaneese Knight; Regional Director at the Southern Regional Health Authority (SRHA), Michael Bent; 2021 Civil Servants of the Year, Ronald Frue and Andrine Davidson; and Senior Marketing Officer at First Heritage Co-operative Credit Union (FHC), Carlene Coley. Missing is the third Civil Servant of the Year, Clayton McCalla.

2021 Civil Servants of the Year Spruce-up Racecourse Health Centre

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, and non-resident Ambassador of the United Arab Emirates to Jamaica, His Excellency Bader Abdullah Saeed Almatrooshi (right), display Double Taxation Agreement (DTA) documents after the signing at the Ministry of Foreign Affairs and Foreign Trade, downtown Kingston, on October 20. Sharing the moment is Minister of Foreign Affairs and Foreign Trade, Senator the Hon. Kamina Johnson Smith.

Jamaica and UAE Sign Double Taxation Agreement

Director General, Statistical Institute of Jamaica, Carol Coy.

Decline In Unemployment Continues

Director General, Statistical Institute of Jamaica (STATIN), Carol Coy, speaking during the agency’s digital quarterly media briefing on Monday (January 17).

Six-Month Export Revenues Total US$801 Million

4 years ago Finance & Public Service

Economy Grew by 4.8 Per Cent Between April and June

The Statistical Institute of Jamaica (STATIN) is reporting that the economy grew by 4.8 per cent over the April to June 2022 quarter, compared to the corresponding period in 2021. This was attributed to a 7.2 per cent increase in the Services Industries, despite a two per cent decline in the Goods Producing Industries. The details were provided by STATIN’s...

Minister of Culture, Gender, Entertainment and Sport, Hon. Olivia Grange (centre), and President of the Crown Council of the Federal Democratic Republic of Ethiopia, His Imperial Highness, Prince Ermias Sahle Selassie (right), are briefed on exhibits at the National Gallery of Jamaica in downtown Kingston by Chief Curator, O’Neil Lawrence, during a tour of the facility on Friday (October 14). Representatives of the Crown Council are in Jamaica for an official visit as guests of the Government.

4 years ago Finance & Public ServiceOfficial Visits

Prince Ermias Sahle Selassie Tours National Gallery of Jamaica

Minister of Culture, Gender, Entertainment and Sport, Hon. Olivia Grange (centre), and President of the Crown Council of the Federal Democratic Republic of Ethiopia, His Imperial Highness, Prince Ermias Sahle Selassie (right), are briefed on exhibits at the National Gallery of Jamaica in downtown Kingston by Chief Curator, O’Neil Lawrence, during a tour of the facility on Friday (October 14)....

Minister of Education and Youth, Hon. Fayval Williams (second right), and National Education Trust Limited (NET) Donor and Partnership Officer, Simone Griffith right), receive a cheque in the sum of $254,168.95 from the Jamaica Social Stock Exchange (JSSE) for the Ministry’s ‘One Tablet or Laptop Per Child’ initiative. Making the presentation are Group Business Development Manager, Jamaica Stock Exchange (JSE), André Gooden (left), and JSSE Manager, Nora Blake.

4 years ago EducationFinance & Public Service

Social Stock Exchange Hands Over Funds to Education Ministry and Two NGOs

The Jamaica Social Stock Exchange (JSSE) recently presented cheques totalling $384,668.95 to the Ministry of Education and Youth and two non-governmental organisations (NGOs) in support of their ongoing initiatives. The sum, accumulated from donations via the JSSE’s platform, represents additional funding for interventions by the entities that target vulnerable persons. A cheque in the sum of $254,168.95 was presented to...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (right), and International Finance Corporation (IFC) Managing Director Makhtar Diop, sign a Financial Advisory Services Agreement (FASA) for the development of the North Coast Highway Project, which has an investment value of approximately US$800 million.

4 years ago Finance & Public Service

Jamaica Signs Financial Advisory Services Agreement with the IFC

The Government of Jamaica has entered into a Financial Advisory Services Agreement (FASA) with the International Finance Corporation (IFC) to develop the North Coast Highway Project. The US$800-million agreement was signed by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, and IFC Managing Director, Makhtar Diop. A FASA details the permissions granted to an advisor by...

Applications for the Cuba/Jamaica Bilateral Scholarship will close on Friday, October 14.

4 years ago EducationFinance & Public ServiceYouth

Applications for Cuba/Jamaica Bilateral Scholarship Close Today

Applications for the Cuba/Jamaica Bilateral Scholarship will close on Friday, October 14. The full scholarship helps successful candidates pursue graduate and post graduate studies in the medical field in Cuba. It is a long-standing programme between Jamaica and Cuba spanning as far back as the 1950s and is managed by the Ministry of Finance and the Public Service. Director of...

4 years ago CommerceFinance & Public Service

$100 Million in Loans Available for MSMEs Through EXIM Bank E-Commerce Funder

Micro, small and medium-sized enterprises (MSMEs) wishing to take their businesses online can now benefit from funding through the National Export-Import (EXIM) Bank of Jamaica’s ‘EXIM E-commerce Funder’. The $100-million loan fund, which is a partnership between the EXIM Bank and the Jamaica Manufacturers and Exporters Association (JMEA), was launched in September to help businesses improve their digital footprint in...

Graduates of Cohort 31 of the Tax Audit and Revenue Administration (TARA) programme at their graduation ceremony, held at The Jamaica Pegasus hotel in New Kingston, on October 5.

4 years ago Finance & Public ServiceYouth

TARA Graduates Lauded For Resilience

The newest graduates of the Tax Audit and Revenue Administration (TARA) programme have been lauded for their resilience in successfully completing the course, despite challenges. The 23 individuals of Cohort 31 are the first participants in the post graduate diploma programme’s 36-year history to undertake online lessons, as a result of the COVID-19 pandemic. Speaking at the graduation ceremony, held...