The House of Representatives on Tuesday (December 10) passed the Transfer Tax (Amendment) Act, 2019, making permanent the two 2019/20 transfer tax revenue measures that were implemented in April. The...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, is encouraging citizens to take full advantage of the “unprecedented” period of economic growth by investing in the...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, has pledged to continue providing appropriate support to the nation’s public-sector employees, which will enable them to deliver...

The Development Bank of Jamaica (DBJ) will be on-lending $5 billion to micro, small and medium-sized enterprises (MSMEs) over the next 12 months. This was announced by Minister of Finance...

A proposal for a new public-sector compensation structure is expected to be brought to Cabinet for consideration by December 2020. This has been disclosed by Minister of Finance and the...

Bank of Jamaica (BOJ) Governor, Richard Byles, says he is awaiting feedback from financial institutions regarding a proposal that they consider initiating forward contracts for the timely acquisition of funds...

Bank of Jamaica (BOJ) Governor, Richard Byles, says the sale of US$140 million to the foreign exchange market has served to satisfy extraordinary currency demand, which surfaced in recent weeks. ...

Bank of Jamaica (BOJ) Governor, Richard Byles, has announced plans to implement a new foreign exchange trading platform in 2020. “We are going to be testing and implementing it January...