The House of Representatives has approved the withdrawal of $1.54 billion from the Capital Development Fund (CDF), to provide budgetary support for the 2013/14 financial year. Minister of Finance and Planning, Dr. the Hon. Peter Phillips, who moved the Withdrawal Order in the House of Representatives on February 4, said of the amount, $1.376 billion is to be paid into...

The first Supplementary Estimates for the 2013/14 financial year will be tabled in the House of Representatives on February 25. This was disclosed by Leader of Government Business in the Lower House, and Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell, during the sitting of the House of Representatives on January 21. Mr. Paulwell also informed that the...

The Bankruptcy and Insolvency Act, 2013 has been sent to a Joint Select Committee of Parliament for its consideration and report. The Bill was tabled by Minister of Justice, Senator the Hon. Mark Golding during a sitting of the Senate in December. Leader of Government Business in the Senate and Minister of Foreign Affairs and Foreign Trade Senator A.J. Nicholson...

The House of Representatives, on Tuesday, December 24, affirmed the Civil Service General Order of 2013, which indicates changes that have been made in the civil service establishment since 2012. Minister with responsibility for Public Service in the Ministry of Finance and Planning, Horace Dalley, who tabled the Order in the House on December 17, explained that it reflects changes...

The White Paper on the reform of the public sector pension system was tabled in the House of Representatives on December 17. The document was tabled by Minister with responsibility for Public Service, Hon. Horace Dalley. According to the Paper, the need for the reform was borne out of recognition that the existing system had become fiscally unsustainable thus rendering it...

Local and overseas investors will now find it easier to do business in Jamaica following the passage of the Companies (Amendment) Act on December 19 in the Senate. The Bill, which was passed in the Lower House on December 17, amends the Companies Act to authorise the use of a single business registration form in order to improve the ease...

Prime Minister, the Most Hon. Portia Simpson Miller, led a joint sitting of Parliament on December 13, to pay tribute to the late former South African President, Nelson Mandela, who died on December 5. Expressing condolences to the people of South Africa, who lost their first black President, the Prime Minister said it was important to recognize the extent to...