Jamaica is on course for a ninth drawdown of funds from the International Monetary Fund (IMF). This is based on the country’s positive performance for the first quarter of the...

The country is undergoing a comprehensive Public Financial Management (PFM) reform, aimed at modernising its public financial management and administrative systems. This should result in a more efficient and effective...

The decision by the Government to transition the Accountant General’s Department (AGD) into a modern treasury management system is already reaping benefits. Director General of the Public Financial Management Secretariat...

Delegates of the Jamaica Teachers Association (JTA) have voted to accept the Government’s wage offer for the 2015-2017 contract period. The teacher-delegates attending the 51st annual conference of the JTA...

Bank of Jamaica announces that with effect from 18 August 2015, the rate offered on its benchmark 30-day Certificate of Deposit will be reduced to 5.25 per cent from 5.50...

The Government of Jamaica is undertaking a US$388, 967 pilot project aimed at reforming the budget preparation process and to better align spending with anticipated results. The objective is to...

Co-Chair of the Economic Programme Oversight Committee (EPOC), Richard Byles, says the recent move by the Government in raising US$2 billion of bonds on the international financial markets, will have...

Minister of Finance and Planning, Dr. the Hon.  Peter Philips said the Business Process Outsourcing (BPO) represents a fundamental opportunity to transform the country’s employment landscape over a relatively short...