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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).

$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...

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.

Finance Minister Outlines Benefits Of Compensation Restructuring

Logo of the Ministry of Finance and the Public Service

$9 Billion Allocated For Projects Under Finance Ministry

TAJ logo

Do Tax Business this Saturday

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (centre), speaks with United Nations Children’s Fund (UNICEF) Jamaica Country Representative, Mariko Kagoshima (left), during Wednesday’s (February 23) launch of the Government’s Public Expenditure Review (PER) for Jamaica’s Education Sector. The launch took place at the Finance Ministry in Kingston. Listening (from second left) are Minister of Education and Youth, Hon Fayval Williams, and the World Bank’s Caribbean Country Director, Lilia Buruncuic, and Human Development Programme Leader for the Caribbean, Timothy Johnston. The PER was jointly undertaken by UNICEF and the World Bank.

Public Expenditure Review Of Education Sector Launched

4 years ago Economic Growth & Infrastructure DevelopmentFinance & Public ServiceWorks / Construction

UN House To Be Completed In The New Fiscal Year

The Government has allocated $103.5 million to complete the establishment of United Nations (UN) House in Jamaica during the upcoming fiscal year. Funding provisions have been made in the 2022/23 Estimates of Expenditure, now before the House of Representatives. The project, being implemented by the Ministry of Economic Growth and Job Creation, through the National Land Agency (NLA) with funding...

Minister of State in the Ministry of Finance and the Public Service, Hon. Marsha Smith. (Official Photo)

4 years ago Finance & Public Service

Jamaicans Encouraged To Tune In To The Budget Debate

Jamaicans are being encouraged to follow the upcoming Budget Debate, which begins on March 8. State Minister in the Ministry of Finance and the Public Service, Hon. Marsha Smith, told JIS that the Debate, which will provide details on what the Government plans to do with the country’s finances over the 2022/23 financial year, beginning April 1, is in the...

Minister of Finance and Public Service, Dr. the Hon. Nigel Clarke, recently tabled the Estimates of Expenditure in the House of Representatives.

4 years ago Climate ChangeFinance & Public ServiceParliament

$60 Million Allocated For Climate Change Project

The Government has budgeted $60 million for activities under the Adaptation Programme and Financing Mechanism (AP&FM) project, which seeks to help Jamaica adjust more easily to climate change. The money was allotted in the 2022/23 Estimates of Expenditure, now before the House of Representatives. The project, which began in February 2015 and is slated to end in June 2022, is...

Bank of Jamaica (BOJ) Governor, Richard Byles.

4 years ago Finance & Public Service

Currency Depreciation Has Slowed – BOJ

The Bank of Jamaica (BOJ) is reporting that the pace of foreign exchange rate depreciation has slowed significantly. Governor, Richard Byles, said that the exchange rate, as at February 16, 2022, was J$157.42 to US$1, representing four per cent annual point-to-point depreciation. “This is a slower pace of depreciation than what occurred over the same period of last year. Moreover,...

Farmers examining crops under cultivation.

4 years ago Finance & Public Service

$142 Million To Bolster Country’s Resilience To Climate Change

An additional $142.7 million has been budgeted to continue work under the Jamaican Path from Hills to Ocean Project in fiscal year 2022/23. This is outlined in the 2022/23 Estimates of Expenditure, now before the House of Representatives. The project, being executed by the Planning Institute of Jamaica (PIOJ), aims to bolster the country’s resilience to climate change and reduce...

Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Hon. Everald Warmington (second left), and Member of Parliament for St James Central Heroy Clarke (left), examine a drain in Green Pond, St. James, during a tour on Tuesday (February 22).

4 years ago Economic Growth & Infrastructure DevelopmentFinance & Public ServiceParliament

$5 Billion Budgeted For Road Works In 2022/23

A total of $5 billion has been budgeted for roadworks during the 2022/23 fiscal year. This was disclosed by Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Hon. Everald Warmington, following a tour of sections of St. James on Tuesday (February 22). Mr. Warmington also advised that $300 million is earmarked for emergency work resulting from...

4 years ago Finance & Public Service

Driver’s Licence Processing Suspended at May Pen Tax Office

Tax Administration Jamaica (TAJ) wishes to advise the public that the printing of Driver’s Licences at the May Pen Tax Office is suspended until further notice. This change has become necessary due to a hardware issue with the driver’s licence printers, which continues to impact the twenty (20) day turnaround time in which driver’s licence applications are processed, resulting in...