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Budget Watch

Budget Watch

What is the Budget Debate?

The Annual Budget indicates what will be done with the finances of the country over the course of a year. The purpose of the Budget is to decide how much money the Government plans to expend on security, roads, water, housing and other services it provides.

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Budget Debate Explained

The Budget Debate provides the Government with the opportunity to take stock of its performance over the previous fiscal year, to measure its progress in relation to the targets previously set and to assess the effectiveness of its management of the country's finances.

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Budget Glossary

Here is a list of key terms and their meanings used during the Budget Debate: - Recurrent Expenditure - Capital Expenditure - Appropriation Act - Estimates of Expenditure

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Budget Debate Schedule

Below is the planned Budget 2024/2025 Financial Year Budget Debate Schedule

Budget Debate and Sectoral Speeches

Take a look at the Speeches for the Budget 2024/2025 Budget Debate and Sectoral Speeches

2024 MOFPS Opening Budget Presentation by the Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, DPhil, MP
2024 MOFPS Opening Budget Presentation by the Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, DPhil, MP

March 13, 2024

Featured Video:

BUDGET DEBATE MARCH 14, 2024

March 14, 2024

Latest News

Get the latest news and updates on Jamaica's Budget 2024/2025 Budget Debate

Stocks and Securities Limited Fraud Investigation Progressing – Dr. Clarke

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the Stocks and Securities Limited (SSL) fraud...

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TAJ Portal Being Upgraded

Work is being undertaken to upgrade the Tax Administration Jamaica (TAJ) portal to provide for a better user experience and...

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Jamaica on Track for 30-Year Low Debt-to-GDP Ratio

Jamaica is on track to achieve a 72 per cent debt-to-gross domestic product (GDP) ratio by the end of the...

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TAJ Investing $11 Billion in Creating Modern Tax Offices

Tax Administration Jamaica (TAJ) is projected to invest more than $11 billion in capital projects to modernise, upgrade and construct...

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Seventh Consecutive Year of No New Taxes

No new taxes will be introduced to finance the Government’s $1.3-trillion Budget for the upcoming fiscal year. Minister of Finance...

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Junior Exchange Voting Share Capital Threshold Moves to $750 Million

The Income Tax Act will be amended to increase the maximum participating voting share capital of companies listed on the...

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