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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the House of Representatives on March 17.

Third Supplementary Estimates To Be Tabled March 24

A third Supplementary Estimates for the 2019/20 fiscal year will be tabled in the House of Representatives on March 24, to reflect the revised budgetary provision for the Government’s coronavirus (COVID-19) response. Minister of Finance and the Public Service, Dr....

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks in the House of Representatives on March 17.

$10 Billion To Offset Impact Of COVID-19

Minister of Health and Wellness, Dr. the Hon. Christopher Tufton, making a statement in the House of Representatives on the novel coronavirus (COVID-19), on Thursday (March 12).

Health Minister Says There Is An Adequate Supply Of Protective Equipment

New Member of Parliament for South East Clarendon, Pearnel Charles Jr. is embraced by his father and Speaker of the House of Representatives, Pearnel Charles Sr. after he took the Oath of Office during the sitting of the House of Representatives on March 12.

Pearnel Charles Jr Sworn In As Member Of Parliament

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, opens the 2020/21 Budget debate in the House of Representatives on March 10. At left is National Security Minister, Hon. Dr. Horace Chang, while Attorney General, Hon. Marlene Malahoo Forte is in the background.

$1-Billion Safety Net Programme For The Elderly

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke (second left), addresses journalists during Wednesday’s (March 11) post-Budget press briefing at the Ministry’s offices in Kingston. With him are officers of the Ministry.

6 years ago Budget 2020/2021Finance & Public ServiceParliament

SLB Extends Grace Period For Repayment

The Students’ Loan Bureau (SLB) grace period for repayment of loans by borrowers has been extended from six to 14 months. This was announced by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, during his opening presentation in the 2020/21 Budget Debate, which got under way in the House of Representatives on Tuesday (March 10). Dr....

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, addresses the House of Representatives as he opens the 2020/21 Budget Debate on March 10.

6 years ago Budget 2020/2021EducationFinance & Public ServiceParliament

$1-Billion Scholarship Programme For Public Sector Workers

The Government is investing $1 billion over five years on the provision of 150 scholarships to qualified public-sector workers under the new Marcus Garvey Public Sector Graduate Scholarship Programme. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, announced the initiative while opening the 2020/2021 Budget Debate in the House of Representatives on Tuesday (March 10). He...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, opens the 2020/21 Budget Debate in the House of Representatives n March 10.

6 years ago Budget 2020/2021CoronavirusFinance & Public ServiceHealth & WellnessParliament

Gov’t Sets Aside $7 Billion In Contingency Funding For COVID-19

The Government has allocated $7 billion in contingency funding towards tackling the novel coronavirus (COVID-19). Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, made the announcement as he opened the 2020/21 Budget Debate in the House of Representatives on March 11. Jamaica recorded its first imported case of COVID-19 on March 10. Dr. Clarke said the...

6 years ago Budget 2020/2021Finance & Public ServiceParliament

Gov’t Announces $18 Billion In Tax Cuts

Reduction of the General Consumption Tax (GCT) rate from 16.5 per cent to 15 per cent is among $18 million in tax cuts announced by the Government. The objective is to stimulate economy activity and to continue the reform of the tax system towards greater levels of equity, efficiency and simplicity. The GCT cut, effective April 1, 2020, will result...

6 years ago Budget 2020/2021CommerceFinance & Public ServiceIndustryParliament

More Opportunities For MSMEs

The full roll-out of the Orders for Special and Differential Treatment Measures (Set Asides) is expected to commence in the third quarter of the upcoming fiscal year. This was announced by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, as he opened the 2020/21 Budget Debate in the House of Representatives on March 10. Orders for...

(FILE) Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, speaks at the meeting of the Standing Finance Committee of the House of Representatives, on March 3. He will open the 2020/2021 Budget Debate on March 10.

6 years ago Budget 2020/2021Finance & Public ServiceInformationParliamentYouth

Education Gets Largest Share Of Budget

The Ministry of Education, Youth and Information has received the largest share of the Government’s $853.5-billion Budget for 2020/21, totalling some $117 billion. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said the provision is $5 billion more than the allocation for 2019/20, and represents the largest increase for the upcoming fiscal year, outside of sums...

6 years ago Budget 2020/2021Finance & Public ServiceParliament

Capital Expenditure Moves From $30 Billion To $70 Billion In Few Years

Jamaica’s capital expenditure budget has increased significantly over the past few years, moving from approximately $30 billion in 2015/16 to $74 billion in financial year 2020/21. This was noted by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, while opening the 2020/21 Budget Debate in the House of Representatives on March 10. Dr. Clarke said Jamaica...