Cabinet Approves Increase in CIF Limit for Gov’t-Owned Vehicles
KINGSTON — Cabinet has approved the recommendation for an increase the upper limit of the Cost Insurance and Freight (CIF) for the procurement of Government-owned motor vehicles for approved public officials to US$35,000, up from US$29,000. This is in keeping with the limit applicable under the 20 per cent duty concession category, said Minister with responsibility for Information, Telecommunications and...


