JIS News

Story Highlights

  • Cabinet is moving to reduce the costs often associated with the publication of annual reports by government entities.
  • An annual report is a comprehensive statement on an entity’s activities throughout the preceding year.
  • Senator Falconer said Cabinet has instructed that the cost of these reports must be kept at a minimum.

Minister with responsibility for Information, Senator the Hon. Sandrea Falconer, has informed that Cabinet is moving to reduce the costs often associated with the publication of annual reports by government entities.

An annual report is a comprehensive statement on an entity’s activities throughout the preceding year. Annual reports are intended to give shareholders and other interested persons information about the company’s activities and financial performance.

Speaking on Wednesday, June 11, at the Jamaica House media briefing, held at the Office of the Prime Minister, Senator Falconer said Cabinet has instructed that the cost of these reports must be kept at a minimum.

She noted that the decision follows the tabling of the recommendations from a Cabinet Subcommittee on annual reports.

The recommendations include the use of in-house resources for the production of annual reports; the utilisation of the Jamaica Information Service (JIS) and no professional photo shoots.

According to Minister Falconer, the Cabinet is emphasising the need for transparency and good governance as well as the efficient use of resources in the production and presentation of the reports.

She said focus should be placed on providing information and not on what she termed as “the gloss and pretty production expected in a major marketing campaign.”

Cabinet will also continue to receive hard copies of annual reports to facilitate deliberations.