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Ministry Overview

The Ministry of Finance and Public Service has overall responsibility for developing the Government’s fiscal and economic policy framework.

The ministry is also responsible for collecting and allocating public revenues and playing an important role in the socio-economic development of the country by creating a society in which each citizen has the prospect of a better quality of life.

The objectives of the ministry include the creation of an environment that will promote sustainable economic growth and to effectively manage the national budget and administer policies for the sound financial management of public funds.

Departments, Agencies and Public Bodies – Finance


  • Jamaica Customs Agency


Public Bodies

  • Air Jamaica (Legacy)
  • Accountant General’s Department
  • Bank of Jamaica (BOJ)
  • Betting, Gaming and Lotteries Commission (BGLC)
  • Casino Gaming Commission
  • Caymanas Track Limited
  • Financial Institutions Services (FIS)
  • Financial Investigations Division (FID)
  • FINSAC Limited
  • Financial Services Commission (FSC)
  • Jamaica Deposit Insurance Corporation (JDIC)
  • Jamaica Racing Commission (JRC)
  • National Contracts Commission
  • Public Accountancy Board Revenue Appeals Division (formerly the Tax Appeals Department)
  • Students’ Loan Bureau (SLB)
  • Tax Administration Jamaica (TAJ)
  • Inland Revenue Department (former)
  • Tax Administration Services Department (former)
  • Taxpayer Audit and Assessment Department (former)

Focus Areas – Finance

  • Bank Inspection Banking and Currency
  • Betting, Gaming and Lotteries Act 1965 (except sections 51 (1) (a) and 43) Bauxite Production Levy
  • Capital Development Fund Central Treasury Management Expenditure Budget Debt/Equity Conversion
  • Debt Management
  • Equity Investments Finance
  • Financial Administration and Management
  • Financial Investigations (Money Laundering & Financial Law Enforcement) Fiscal Policy
  • Government Investment in Companies & Statutory Corporations Industrial and Provident Societies Act
  • Insurance
  • Loan Negotiations
  • Monetary Policy
  • PetroCaribe Development Fund Public Accountancy Act
  • Public Bodies Management
  • Public Debt Charges (Interest Payments) Public Sector Procurement
  • Regulation of the Financial Sector Revenue
  • Taxation

Focus Areas – Public Service

  • Benefits and Assistance Policy
  • Classification Systems
  • Compensation Policy
  • Conditions of Service
  • Establishment Control
  • Human Resource Management Information Systems (HRMIS)
  • Organizational Design
  • Pensions Policy
  • Pensions Verification and Payment
  • Scholarships
  • Staff Orders
  • Strategic Human Resource Management

Focus Areas – Inustrial Relations

  • Industrial Relations


Source/Office of the Cabinet March 2016

Finance and the Public Service News

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