The Government is negotiating with a major investor to revitalise the country’s rail service at a cost of US$270 million. Making the disclosure on May 24, Prime Minister the Most Hon. Andrew Holness, said the revitalisation project is expected to employ thousands of persons and stimulate economies of the communities through which the rail service passes. “Furthermore, the reintroduction of...

The National Housing Trust (NHT) will partner with several public and private sector entities to develop more than 10,000 housing solutions over the next four years. Among these is the Urban Development Corporation (UDC) , which Prime Minister, the Most Hon. Andrew Holness, says will develop 700 housing solutions at Caymanas, in St. Catherine, at a cost of over $5...

Prime Minister, the Most Hon. Andrew Holness, says the Government is committed to pursuing effective social protection and human capital development, even as it strives for shared prosperity, economic growth and job creation. Making his 2016/17 Budget Debate presentation in the House of Representatives, yesterday (May 24), the Prime Minister said as part of this move, the Government intends to...

The Government has increased the income band for persons accessing zero percent loans from the National Housing Trust (NHT) from $7,500 to $12,000 per week. “This means that all workers in Jamaica, who earn $12,000 per week and less will be able to access interest-free loans from the National Housing Trust,” Prime Minister the Most Hon. Andrew Holness said. He...

The Government has increased the budgetary allocation to the Programme of Advancement through Health and Education (PATH) by $520 million. Prime Minister, the Most Hon. Andrew Holness, made the announcement on May 24 during his contribution to the 2016/17 Budget Debate in the House of Representatives. He said that PATH remains a critical social protection intervention and human capital investment...

Prime Minister of Grenada, the Right Hon. Keith Mitchell, says despite achievements over the past decades, ending poverty remains the greatest challenge for  vulnerable developing Caribbean states. Addressing the  46th Annual Caribbean Development Bank (CDB) Meeting of the Board of Governors at the Montego Bay Convention Centre in Rose Hall, St. James, on May  18, Dr. Mitchell  said ending poverty...

Prime Minister the Most Hon. Andrew Holness says the Government will maintain fiscal prudence, but at the same time remain active in creating an enabling environment for growth. Mr. Holness also emphasised that the Administration will pursue initiatives to reduce the country’s debt. The Prime Minister was addressing a news conference at the Hyatt Ziva and Zilara Resort in Montego...