The House of Representatives on Tuesday (January 30) approved the Fourth Supplementary Estimates for the fiscal year 2023/24, which reflects total government expenditure of $1.092 trillion. The Estimates proposes a total expenditure of approximately $1.092 trillion, a reduction of $2.5 billion on the approved Budget, following the submission and approval of the Third Supplementary Estimates in September 2023. In his...

Jamaica is currently experiencing unprecedented levels of investor interest, thanks to a positive economic environment says Prime Minister, the Most Hon. Andrew Holness. Speaking recently during the 19th Jamaica Stock Exchange (JSE) Regional Investment and Capital Markets Conference at The Jamaica Pegasus hotel in New Kingston, Mr. Holness stated that “global investors, who in the past would have seen Jamaica...

By the end of June, the Jamaica Stock Exchange (JSE) will become the first Caribbean marketplace to facilitate the issuance of green, blue, and other sustainable coloured bonds. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, who made the disclosure, said this forms part of the Government’s framework to ensure that financing is available for sustainable...

The Government intends to, over the next 12 months, list on the Jamaica Stock Exchange (JSE) some of its shares in several infrastructure entities. These entities include South Jamaica Power, TransJamaican Highway, and the Jamaica Public Service Company (JPS). The listing is expected to be done via a special infrastructure vehicle, which is to be created for the purpose of...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says progress is being made to conclude discussions regarding the next phase of the public-sector compensation package. He was responding to concerns raised by Opposition Spokesperson on Finance, Julian Robinson, regarding the reduction in the allocation for public-sector compensation in the Fourth Supplementary Estimates, tabled in the House...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, tabled the Fourth Supplementary Estimates for fiscal year 2023/24 in the House of Representatives, on Tuesday (January 23). The Fourth Supplementary Estimates proposes a total expenditure of approximately $1.091 trillion, a reduction of $2.5 billion on the approved Budget, following the submission and approval of the Third Supplementary...

The Government is actively considering removing the guarantor requirement for Students’ Loan Bureau (SLB) applicants. This was disclosed by Prime Minister, the Most Hon. Andrew Holness, while responding to a question posed regarding higher education during his rap session with students at the Guy’s Hill High School in St. Catherine on Thursday (January 18). “Let’s start with what is generally...

The Students’ Loan Bureau (SLB) is affirming its commitment to customers by providing various loan-repayment options. Executive Director of the SLB, Nickeisha Walsh, told JIS News in an interview that the lending agency has the lowest interest rate for any form of educational loan repayment across the country. “There's a notion for persons coming up in our older generation that...

The Educate to Elevate community outreach programme, a back-to-school initiative of the Hope Gospel Assembly, will be the beneficiary of the proceeds from the 44th staging of the National Leadership Prayer Breakfast (NLPB). This was disclosed by Secretary, NLPB, Rev. Major (Ret’d) Canute Chambers, at a press briefing held on Thursday (January 11) at the Victoria Mutual Group Training Room,...