The National Housing Trust (NHT) has projected housing expenditure of approximately $50 billion in the new financial year, with a further subsidy of about $21 billion under the External Financing Mortgage Programme. Prime Minister, Dr. the Most Hon. Andrew Holness, made the announcement in his contribution to the 2026/27 Budget Debate in the House of Representatives on March 19. “This...

Effective July 1, 2026, teachers, nurses, firefighters, and members of the security and defence forces will benefit from a special reduced interest rate on their National Housing Trust (NHT) mortgage based on their length of service. For those with five to 10 years of service, the applicable interest rate will be reduced by one per cent and for those with...

Prime Minister, Dr. the Most Hon. Andrew Holness, says the Government will be developing the Lucea Harbour into a premium boating destination. “Sheltered from the prevailing winds, with deep natural water, and proximity to emerging resorts on the belt between Montego Bay and Negril, Lucea Harbour has every natural attribute required to become a premium boating destination,” he said. Dr....

Prime Minister, Dr. the Most Hon. Andrew Holness, has outlined climate resilient plans to redevelop Black River in St. Elizabeth, which was devastated by Hurricane Melissa on October 28. Delivering his 2026/27 Budget Debate presentation in the House of Representatives on Thursday (March 19), Dr. Holness highlighted the historical significance of the coastal town and the extensive damage it sustained...

The Government of Jamaica is advancing the national growth strategy through the introduction of the Facilitated Acceleration of Strategic Transformation (FAST Jamaica), a new framework designed to accelerate major investment projects and economic growth. Prime Minister, Dr. the Most Hon. Andrew Holness, made the announcement during his contribution to the 2026/27 Budget Debate in the House of Representatives on Thursday...

Prime Minister, Dr. the Most Hon. Andrew Holness, says Jamaica remains hopeful for a new arrangement with Cuba, as the existing Cuban Medical Mission comes to an end. “We continue to be hopeful that some agreement… some changes can be made to the programme,” he said. The Prime Minister was speaking during his contribution to the 2026/27 Budget Debate in...

Leader of the Opposition, Mark Golding, is urging the Government to look at the structural integration of the country’s tax systems to improve automatic compliance and tackle tax evasion. Delivering his contribution to the 2016/2027 Budget Debate in the House of Representatives on Tuesday (March 17), Mr. Golding said some estimates suggest that the country could realise up to $60...