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Business Development Consultant with the National Export-Import Bank of Jamaica (EXIM Bank), Winston Lawson.

MSMEs Urged To Apply For Loan And Grant Support Under DBJ SERVE

Micro, small and medium-sized enterprises (MSMEs) are being encouraged to take advantage of the Development Bank of Jamaica (DBJ) Social and Economic Recovery and Vaccine (SERVE) Programme to access loan and grant support. The initiative offers lines of credit and...

AWP 6593
Minister of Finance and the Public Service Dr. the Hon. Nigel Clarke, completes a transaction using the Jamaica Digital Exchange (JAM-DEX) mobile application, while delivering the opening presentation in the 2022/23 Budget Debate in the House of Representatives on Tuesday (March 8) under the theme: ‘Recovery, Reform and Restoration’. JAM-DEX is the name of Jamaica’s Central Bank Digital Currency (CBDC). — AWP 6593 Minister of Finance and the Public Service Dr. the Hon. Nigel Clarke, completes a transaction using the Jamaica Digital Exchange (JAM-DEX) mobile application, while delivering the opening presentation in the 2022/23 Budget Debate in the House of Representatives on Tuesday (March 8) under the theme: ‘Recovery, Reform and Restoration’. JAM-DEX is the name of Jamaica’s Central Bank Digital Currency (CBDC).

$2500 Incentive For Jamaicans To Get Digital Wallet

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, highlights a point while opening the 2022/23 Budget Debate in the House of Representatives on Tuesday (March 8).

Two Integrated Resort Development Licences To Be Granted

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, displays the new/upgraded banknotes, which will go into circulation later this year. Dr. Clarke was opening the 2022/23 Budget Debate in the House of Representatives on Tuesday (March 8).

Jamaica To Introduce A New $2,000 Banknote

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, opens the 2022/2023 Budget Debate in the House of Representatives on March 8.

Tax System To Be Updated

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, opens the 2022/23 Budget Debate in the House of Representatives on Tuesday (March 8). To his right is Deputy Prime Minister and Minister of National Security, Hon. Dr. Horace Chang.

4 years ago Budget 2022/2023CoronavirusFinance & Public ServiceParliament

$40-Billion Support In Response To COVID-19 In 2020/21 And 2021/22

The Government delivered direct and indirect support across two fiscal years (2020/21 and 2021/22), as a response to the COVID-19 pandemic, costing $40.6 billion and representing two per cent of gross domestic product (GDP). This was announced by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, as he opened the 2022/23 Budget Debate in the House...

4 years ago Budget 2022/2023EnergyFinance & Public ServiceParliament

Gov’t Providing $2 Billion To Assist Persons Most Impacted By High Gas And Energy Prices

The Government is making a special provision, in the amount of $2 billion, to provide targeted support to Jamaicans who are most adversely affected and have the least ability to absorb the impact of high gas and energy prices. Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, made the announcement as he opened the 2022/23 Budget Debate...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, delivering the opening presentation in the 2022/23 Budget Debate in the House of Representatives on Tuesday (March 8) under the theme, ‘Recovery, Reform and Restoration’.

4 years ago Budget 2022/2023Finance & Public ServiceParliament

Public Sector Compensation Restructuring To Cost More Than $100 Billion Over Three Years

It will cost the Government more than $100 billion to restructure the system of public-sector compensation over the next three years. This was announced by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, who said that approximately $17 billion of the sum relates to certain categories of allowances “that up until the current fiscal year, have...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, points to the new series of Jamaican banknotes as he opened the 2022/23 Budget Debate in the House of Representatives on Tuesday (March 8). In the newly designed banknotes, which will be available late this calendar year, The Most Hon. Michael Manley and The Most Hon. Edward Seaga, will appear together on the $2,000 banknote. In addition, The Right Excellent Paul Bogle and The Right Excellent George William Gordon, will appear together on the upgraded $50 banknote; The Right Excellent Marcus Garvey will appear alone on the upgraded $100 banknote; The Right Excellent Nanny of the Maroons and The Right Excellent Sam Sharpe will appear together on the upgraded $500 note; The Right Excellent Sir Alexander Bustamante and the Right Excellent Norman Manley, who were founding fathers of modern Jamaica, will appear together on the upgraded $1,000 banknote, and the Most Hon. Donald Sangster and the Most Hon. Hugh Shearer will appear together on the upgraded $5,000 note.

4 years ago Budget 2022/2023Finance & Public ServiceParliament

PHOTOS: Minister Clarke Announces Newly Designed Banknotes

Minister of Education and Youth, Hon. Fayval Williams (left), speaks at the meeting of the Standing Finance Committee in the House of Representatives on March 3. The members were deliberating the 2022/23 Estimates of Expenditure. With her is Permanent Secretary in the Ministry, Maureen Dwyer (right).

4 years ago EducationFinance & Public Service

$430 Million Additional Support For Schools

The Ministry of Education and Youth is providing $430 million for additional support to schools, following the full resumption of face-to-face classes on Monday, March 7. This was disclosed by Minister of Education and Youth, Hon. Fayval Williams, during the meeting of the Standing Finance Committee in the House of Representatives on March 3. The members are deliberating the 2022/23...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaking during Tuesday’s (March 1) meeting of the Standing Finance Committee of the House of Representatives, which is deliberating the 2022/23 Estimates of Expenditure. Beside him is State Minister in the Ministry, Hon. Marsha Smith.

4 years ago Finance & Public Service

Finance Minister Outlines Benefits Of Compensation Restructuring

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said that the public-sector compensation restructuring exercise will better enable the Government to recruit and retain talented and experienced persons in the civil service. He was addressing Tuesday’s (March 1) meeting of the Standing Finance Committee of the House of Representatives, which is deliberating the 2022/23 Estimates of...

4 years ago Finance & Public Service

$9 Billion Allocated For Projects Under Finance Ministry

Just over $9 billion has been allocated for the Ministry of Finance and the Public Service’s 2022/23 Capital Budget. The provision is earmarked to implement and manage projects financed by the Government’s Consolidated Fund and bilateral and multilateral agencies. Details are outlined in the 2022/23 Estimates of Expenditure, now before the House of Representatives. The largest share of $5.32 billion...