Latest

Minister of Finance and the Public Service Dr. the Hon. Nigel Clarke (second left), in discussion with representatives of the latest unions/bargaining units signing the Heads of Agreement for the government’s 12-month four percent salary offer for April 2021 to March 2022, on behalf of civil servants. They are (from left): Union of Clerical, Administrative and Supervisory Employees (UCASE) General Secretary John Levy; Jamaica Medical Doctors Association (JMDA) President Dr. Mindi Fitz-Henley; Nurses Association of Jamaica (NAJ) President Patsy Henry; and Jamaica Midwives Association (JMA) President Bobby-Joe Campbell. The signing took place the Ministry in Kingston on December 22. Photo: Yhomo Hutchinson

Finance Minister Expresses Gratitude To Healthcare Workers

Minister of Finance and the Public Service Dr. the Hon. Nigel Clarke, has praised healthcare professionals who have been working on the frontline of the national coronavirus (COVID-19) response programme. Dr. Clarke highlighted the work of representatives of the Nurses...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second right), and Minister of State, Hon. Marsha Smith (centre, seated), sign the Heads of Agreement formalising the Government’s four per cent wage increase offer for April 2021 to March 2022, with executives of three of the six additional unions/bargaining units representing public sector workers, which have accepted the provision. From left are: Nurses Association of Jamaica (NAJ) President, Patsy Henry; Jamaica Medical Doctors Association (JMDA) President, Dr. Mindi Fitz-Henley; and Union of Clerical, Administrative and Supervisory Employees (UCASE) General Secretary, John Levy. The signing was held at the Ministry in Kingston on Wednesday (December 22). Overseeing the proceedings is the Ministry’s Principal Director for Employee Relations, Lorna Phillips.

Government To Proceed With Compensation Review

Minister of Finance and the Public Service Dr. the Hon. Nigel Clarke (centre), in discussion with Union of Clerical, Administrative and Supervisory Employees (UCASE) General Secretary John Levy (left), and Nurses Association of Jamaica (NAJ) President, Patsy Henry, following the signing of the Heads of Agreement, formalising the Government’s four per cent wage increase offer for April 2021 to March 2022, with six additional unions representing public sector workers that have accepted the provision. The signing was held at the Ministry in Kingston, on Wednesday (December 22). Photo: Yhomo Hutchinson

31 Unions Accept Government’s 4% Wage Increase

The Bank of Jamaica Building, Nethersole Place, downtown Kingston.

BOJ Currency Issue

BOJ official logo

Bank Of Jamaica Further Reduces Monetary Accommodation

More

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the recent public sector engagement session hosted by the Transformation Implementation Unit (TIU).

4 years ago Finance & Public Service

TIU Engages Public Sector Employees In Transformation Discourse

Some 150 employees of the Ministry of Finance and the Public Service and its departments and agencies, recently participated in the inaugural ‘Real Talk’ engagement series hosted by the Transformation Implementation Unit (TIU). The series, which targets all levels of public sector workers, was held via Zoom and provided an opportunity for employees to garner information about the public sector...

Executive Director, Transformation Implementation Unit (TIU), Maria Thompson Walters makes a point during a recent virtual engagement session with public sector workers.

4 years ago Finance & Public Service

43 Public Bodies Rationalised Over Last Four Years

Forty-three public bodies have been rationalised over the past four years under the public sector transformation programme. Executive Director of the Transformation Implementation Unit (TIU), Maria Thompson Walters, made the disclosure during the first in a series of ‘Real Talk’ engagement sessions for public sector employees, hosted by the entity recently. She indicated that there are 21 active assignments being...

4 years ago Finance & Public Service

BOJ Currency Projections

For December 2021, Bank of Jamaica projects that the value of currency issued by the Bank will increase by approximately $23.1 billion (11.3 per cent), relative to the stock at end-November 2021 ($204.4 billion) (see Figure 1). The forecast for the month is below the five-year average growth rate of 16.4 per cent for the month of December. The projected...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke addressing public sector employees during a virtual engagement session hosted by the Transformation Implementation Unit recently.

4 years ago Finance & Public Service

Transforming Public Sector Critical – Minister Clarke

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the transformation of the public sector is “critically important” to the country’s development. Speaking at the start of a series of engagements with public sector employees hosted by the Transformation Implementation Unit (TIU), recently, Minister Clarke noted that there are three main imperatives driving the transformation –...

4 years ago Finance & Public Service

Fourth Quarter Tax Payments due December 15

Tax Administration Jamaica (TAJ) is reminding business persons that their 4th quarter Estimated Corporate Income Tax and Self-employed Statutory Payments are due on Wednesday, December 15, 2021. These include: Estimated Corporate Income Tax (4th quarter) Self Employed Statutory Payments (4th quarter) Stamp Duty (4th quarter) Trade Licence Withholding Tax Additionally, employer’s monthly Statutory Payroll Deductions (S01) for the month of November are due on December 14. Business persons are reminded that...

Inter-American Development Bank (IDB) President, Mauricio Claver-Carone, discusses opportunities for investment for Jamaica.

4 years ago Finance & Public Service

IDB President Commends Government’s Fiscal Management

The Inter-American Development Bank (IDB) is commending the Government of Jamaica for its fiscal management of the country. In an interview with JIS News, IDB President, Mauricio Claver-Carone, said that the handling of the economy prior to the coronavirus (COVID-19) pandemic has put Jamaica in a great position to rebound. “This is a Government that has done all the right...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks in the House of Representatives on December 7.

4 years ago Finance & Public Service

House Approves Regulations To Improve Corporate Governance Of Public Bodies

The Public Bodies Management and Accountability (Nomination, Selection and Appointment to Boards) Regulations was approved in the House of Representatives on December 7. Piloting the legislation, Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said the Regulations represents a seminal tool towards achieving good corporate governance in respect of public bodies. There are approximately 146 public...