Finance and Public Service Minister, Hon. Audley Shaw, says the Government and Inter-American Development Bank (IDB) are exploring the possible expansion of the IDB’s private sector loan portfolio in Jamaica....

The Government has allocated $88.84 billion in the 2018/19 Estimates of Expenditure, now before the House of Representatives, for debt repayment this year. Of this sum, the lion’s share of...

A two-day meeting of Caribbean governors of the Inter-American Development Bank (IDB) gets underway on Monday (Feb. 26), at the Jamaica Pegasus Hotel in New Kingston. The seventh annual Caribbean...

The deadline for the Government’s Special Early Retirement Programme (SERP) has been extended to February 28, 2018. The SERP is a voluntary separation initiative that allows public-sector employees, aged 50...

A sum of $735.5 million has been allocated to continue the Strategic Public Sector Transformation Project this year. This is outlined in the 2018/19 Estimates of Expenditure, now before the...

Bank of Jamaica (BOJ) Governor, Brian Wynter, says recent fluctuations in the exchange rate have resulted from greater demand for foreign currency and not a shortfall in supply. Noting that...

The Development Bank of Jamaica (DBJ) will be issuing 64 bank guarantees to small and medium-sized enterprises (SMEs) in the upcoming fiscal year. This exercise is to be carried out...

The Ministry of Finance and the Public Service will continue implementation of the Fiscal Administration Modernisation Programme this year with a $1.32-billion allocation in the 2018/19 Estimates of Expenditure, now...