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Effective January 1, 2016, the threshold on Personal Income Tax will be increased from $557,232 to $592,800 per annum, thereby providing further relief to PAYE workers. “For all PAYE persons, this will mean an additional $35,568 per year of tax free income, but the impact in terms of lower effective tax rates will be greater for the lower income PAYE tax payers,”...

A sum of $450 million has been allocated in the 2015/16 Estimates of Expenditure, now before Parliament, to continue implementation of the Jamaica Foundations for Competitiveness and Growth project. The allocation represents a $410 million increase for the project, which started in September 2014, and aims to strengthen the enabling environment for private sector competitiveness to help boost productivity and...

The Major Infrastructure Development Programme (MIDP) has received an allocation of $3.34 billion in the 2015/16 Estimates of Expenditure, now before Parliament. The project seeks to continue improvement of the island’s road network in order to stimulate economic development and enhance the welfare of Jamaica’s citizens. Achievements to date, include: completion of an engineering feasibility study; signing of a conditional...

A sum of $24.9 million is to be spent this year on the continued development of a National Identification System (NIDS) for Jamaica. The funds have been made available in the 2015/16 Estimates of Expenditure, now before the House of Representatives. The project aims to establish a reliable identification system of Jamaican citizens and ordinarily resident individuals in Jamaica, with...

A sum of $35 million has been provided in the 2015/16 Budget for the continued installation of flood lights and other related works at Sabina Park. The project seeks to improve Jamaica’s attraction as a destination for sports tourism and towards the continued development of cricket in Jamaica, in particular at the youth and professional levels. It is being implemented...

The Government has allocated $12.8 million in the 2015/16 Estimates of Expenditure for the Craft Enhancement and Business Planning Training Project. The Estimates were tabled in the House of Representatives on February 19 by Minister of Finance and Planning, Dr. the Hon. Peter Phillips. The main objective of the project is to improve and strengthen the capacity and business acumen...

The Government has allocated $20 million for institutional strengthening to combat infectious diseases. Details of the Institutional Strengthening to Improve National Surveillance, Prevention and Control of Infectious Diseases Project are outlined in the 2015/16 Estimates of Expenditure, now before the Standing Finance Committee of Parliament. The objective of the project is to strengthen Jamaica’s response to the Chikungunya Virus (ChikV)...

The Government has allocated $15 million to protect the livelihoods and food security in vulnerable communities. This will be done by improving land and water management for the agricultural sector, strengthening coastal protection and building institutional and local capacity for climate change adaptation. Details are given in the Estimates of Expenditure for 2015/16, tabled in the House of Representatives on...

The Government has allocated $20 million to continue the construction of three diagnostic and care centres to cater to students with special education needs in rural Jamaica. Details of the allotment are outlined in the 2015/16 Estimates of Expenditure, now before the House of Representatives. The project will be financed through the Consolidated Fund and is being implemented by the...

A sum of $25 million is earmarked for the Planning Institute of Jamaica (PIOJ) to continue work, this year, on the country’s National Policy and Plan of Action on International Migration and Development. The sum, which represents a $10.4 million increase over last year’s allocation, is included in the 2015/16 Estimates of Expenditure, now before Parliament. The project, which commenced...

The Planning Institute of Jamaica (PIOJ) has received $18 million to continue the implementation of the project to enhance the resilience of the agricultural sector and coastal areas. Details are included in the 2015/16 Estimates of Expenditure, now before the House of Representatives. The project, which commenced in 2012, aims to protect livelihoods and food security in vulnerable communities by:...

Government will spend $625 million this financial year, for the continuation of the Education System Transformation Programme (ESTP). Details of this allocation are outlined in the 2015/16 Estimates of Expenditure, now before the House of Representatives. The funds will go toward the Ministry of Education’s policy to expand compulsory education from age 16 to 18 years by providing approximately 2,100...