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Bank of Jamaica Governor, Richard Byles.

BOJ To Roll Out Digital Currency In September

The Bank of Jamaica (BOJ) is reporting that pilot implementation of a local Central Bank Digital Currency (CBDC), which commenced in June, remains on schedule. This includes minting of Jamaica’s first batch of CBDC on August 9, totalling $230 million,...

TAJ Adjusts its Operations During New COVID-19 Measures

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Suspension Of Banking Services To The Public

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Bank Of Jamaica Signals Tightening In Monetary Policy

Presenters at the Ministry of Finance and Public Service Inaugural Wealth Summit from l-r front row Chief Prudential Officer at the Bank of Jamaica, Jide Lewis, Director Corporate Communication and Public Relations Branch MoFPS Shelly-Ann Weeks, Host Anna Smith, Financial Advisor at LAWE Insurance Brokers, Melissa Golden

l-r Back row - Director of Stakeholder Engagement, Communication and International Relations at the Financial Services Commission David Geddes, Branch Manager at the First Heritage Cooperative Credit Union (Spanish Town) Sheldon Christian, Senior Marketing Officer at the Jamaica Stock Exchange, JSE, Michael B. Johnson, Founder of Digital Jamaica, Kadia Francis. — Presenters at the Ministry of Finance and Public Service Inaugural Wealth Summit from l-r front row Chief Prudential Officer at the Bank of Jamaica, Jide Lewis, Director Corporate Communication and Public Relations Branch MoFPS Shelly-Ann Weeks, Host Anna Smith, Financial Advisor at LAWE Insurance Brokers, Melissa Golden l-r Back row - Director of Stakeholder Engagement, Communication and International Relations at the Financial Services Commission David Geddes, Branch Manager at the First Heritage Cooperative Credit Union (Spanish Town) Sheldon Christian, Senior Marketing Officer at the Jamaica Stock Exchange, JSE, Michael B. Johnson, Founder of Digital Jamaica, Kadia Francis.

Financial Literacy The Aim At MoF Wealth Summit

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4 years ago Finance & Public Service

Cross Roads and Annotto Bay Tax Offices to Reopen August 19

Tax Administration Jamaica (TAJ) wishes to advise that the Annotto Bay Tax Office, located in the parish of St. Mary as well as the Cross Roads Tax Office are set to reopen to the public on Thursday, August 19, following work carried out in the aftermath of Tropical Storm Grace. Additionally, the Port Antonio and Port Maria Tax Offices were...

4 years ago Finance & Public ServiceWeather

Reopening of Tax Offices to be affected in the aftermath of TS Grace

Tax Administration Jamaica (TAJ) wishes to advise its customers and staff that following early assessments, some Tax Offices are to remain closed or have delayed opening today in the aftermath of Tropical Storm Grace. The Tax Offices located in the parishes of Portland and St. Mary, as well as the Cross Roads Tax Office will remain closed to the public....

4 years ago Finance & Public Service

Suspension Of Banking Services To The Public

In light of the ongoing COVID-19 pandemic, effective today, Wednesday, 11 August 2021, Bank of Jamaica will temporarily suspend the offering of teller services until Friday, August 13, 2021. Please be reminded that coin exchange services have been suspended since August 2020. In this regard, we therefore recommend that for the exchange of foreign currencies and other banking services, the...

The Ministry of Finance and Public Service will be staging its inaugural Wealth Summit on Wednesday August 18 at 10:00 a.m. The online event is the first in a quarterly series and is aimed at helping Jamaicans identify solutions that will improve their lives and find financial security during the COVID-19 pandemic. The summit is free of cost and will be live-streamed on the Ministry of Finance and the Public Service Facebook and YouTube pages as well as across all the social media pages of the Jamaica Information Service.

4 years ago Finance & Public Service

Ministry of Finance and Public Service’s Inaugural Wealth Summit

The Ministry of Finance and the Public Service will be staging its inaugural Wealth Summit next week Wednesday (August 18). The summit is the first in a quarterly series and is aimed at helping Jamaicans identify solutions that will improve their lives and find financial security during the COVID-19 pandemic. It is also aimed at improving the financial literacy of...

4 years ago Finance & Public Service

BOJ Mints First Batch Of Jamaica’s Central Bank Digital Currency

At a short ceremony this morning, Bank of Jamaica (BOJ) minted Jamaica’s first batch of central bank digital currency (CBDC). A total of J$230 million dollars in CBDC will be issued to deposit-taking institutions and authorized payment service providers during the CBDC pilot exercise which ends in December. BOJ’s CBDC team demonstrated the process of minting digital currency during...

Caribbean Development Bank (CDB) President, Dr. Hyginus “Gene” Leon.

4 years ago Finance & Public Service

Funding Support For CDB Borrowing Member Countries

A total of €30 million (approximately US$35 million) in concessional funding support is being provided to bolster the response of the Caribbean Development Bank’s (CDB’s) 19 borrowing member countries (BMCs), including Jamaica, to the coronavirus (COVID-19) pandemic. The funds are intended to assist beneficiary countries in accessing and deploying COVID-19 vaccines and strengthening the capacity of their health services to...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, emphasises a point during the European Union-Government of Jamaica (EU-GOJ) Virtual Town Hall Discussion on Justice and Public Financial Management Reform, on Friday (July 16).

4 years ago Finance & Public Service

Finance Minister Says Project is Needed to Clear Backlog of Audits

The Ministry of Finance and the Public Service is looking to provide the Auditor General’s (AG) Department with resources to conduct outstanding audits of State entities lagging in the submission of annual reports to Parliament. Portfolio Minister, Dr. the Hon. Nigel Clarke, says he has been in dialogue with Auditor General, Pamela Monroe Ellis, regarding the development of a project...