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Minister of Finance and Planning, Hon. Dr. Peter Phillips (left), fields questions during a press conference on Friday (August 21), at his Kingston office, to announce the completion of the International Monetary Fund’s (IMF) 9th review of Jamaica’s four-year Extended Fund Facility (EFF). Others from (2nd left) are: Head of the IMF Mission to Jamaica, Dr. Uma Ramakrishnan; Outgoing Head of the IMF Mission to Jamaica, Dr. Bert Van Selm; and Governor of the Bank of Jamaica, Bryan Wynter.

Jamaica on Course For 9th Drawdown of Funds From IMF

By: Oroyo Eubanks, August 21, 2015

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...

Director General of the Public Financial Management Secretariat in the Ministry of Finance and Planning, Diane McIntosh (left), explains the need for transformation of the country’s public financial management systems, at a JIS ‘Think Tank’ on August 20. At right is Director of Strategic Organisational Development in the Ministry of Finance and Planning, Trudy-Ann James-Linton.

Comprehensive Public Financial Management Reform in Progress

By: Oroyo Eubanks, August 21, 2015

Director General of the Public Financial Management Secretariat in the Ministry of Finance and Planning, Diane McIntosh, says transitioning of the Accountant General’s Department (AGD) into a central treasury management system, is reaping benefits for the country. She was addressing a JIS Think Tank on Thursday, August 20.

Govt Reaping Benefits from Modern Treasury Management System

By: Oroyo Eubanks, August 21, 2015

Education 11 years ago Teachers Vote to Accept Government’s Wage Offer
By: Sharon Earle, August 19, 2015
Finance & Public Service 11 years ago Bank of Jamaica Reduces Benchmark Interest Rate
By: Bank of Jamaica, August 17, 2015
Finance & Public Service 11 years ago Gov’t Pursues Results-Based Budgeting
By: Alecia Smith-Edwards, August 17, 2015

More Stories

Co-Chair of the Economic Programme Oversight Committee (EPOC), Richard Byles, says the recent PetroCaribe debt buy-back transaction was a significant move by the Jamaican government. He was speaking with journalists at the EPOC’s monthly press briefing on August 13, in Kingston.

11 years ago Finance & Public Service

US$2 Billion Raised By Government Will Result In Significant Benefits – EPOC Co-Chair

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...

By: Oroyo Eubanks, August 14, 2015

Minister of Finance and Planning, Hon. Dr. Peter Phillips (centre), makes a point to President of the Private Sector Organization of Jamaica (PSOJ), William Mahfood (left), while Chairman of the Victoria Mutual Building Society (VMBS), Michael McMorris, looks on. Occasion was VMBS’ inaugural economic forum held on August 12, at the Terra Nova Hotel in St. Andrew.

11 years ago Finance & Public Service

BPO Sector Can Transform Employment Landscape – Dr. Phillips

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...

By: Garfield Angus , August 14, 2015

Prime Minister the Most Hon. Portia Simpson Miller (third left), affixes her signature to the new Heads of Agreement, which was signed between the Government and representatives of the Jamaica Confederation of Trade Unions, during a ceremony at the Office of the Prime Minister (OPM) on August 11. Also signing (from left) are: Vice President, Jamaica Confederation of Trade Unions, Helene Davis Whyte; Minister of Finance and Planning, Dr. the Hon. Peter Phillips; and President of the Jamaica Civil Service Association, O’neil Grant. Pictured in the background (from left) are: Manager, Public Relations, Special Projects and Community Outreach, OPM, Shelly-Ann Harris; and Finance and Planning Ministry officials - Director, Industrial Relations, Lorna A. Phillips; Acting Financial Secretary, Everton McFarlane; Senior Industrial Relations Officer, Charmaine Hayman; and Deputy Financial Secretary, Wayne Jones. The new wage agreement, which is for the contract period 2015 to 2017, will see public sector employees receiving a salary increase of seven per cent over two years.

11 years ago Finance & Public Service

Improved Benefits for Public Sector Workers

Civil Servants are to receive several improved benefits under the new wage agreement for the 2015 to 2017 contract period. This is in addition to the fixed figure increase of...

By: Latonya Linton, August 14, 2015

Co-Chair of the Economic Programme Oversight Committee (EPOC), Richard Byles, outlines the performance of key indicators under the country’s four-year extended fund facility with the International Monetary Fund (IMF), during a press briefing on Thursday, August 13. (File)

11 years ago Finance & Public Service

Jamaica On Course to Pass 9th Consecutive IMF Test

Jamaica is on course to pass its 9th consecutive review under the Extended Fund Facility (EFF) with the International Monetary Fund (IMF). This, after successfully surpassing all the key economic...

By: Oroyo Eubanks, August 14, 2015

Prime Minister the Most Hon. Portia Simpson Miller (third left), affixes her signature to the new Heads of Agreement, which was signed between the Government and representatives of the Jamaica Confederation of Trade Unions, during a ceremony at the Office of the Prime Minister (OPM) on August 11. Also signing (from left) are: Vice President, Jamaica Confederation of Trade Unions, Helene Davis Whyte; Minister of Finance and Planning, Dr. the Hon. Peter Phillips; and President of the Jamaica Civil Service Association, O’neil Grant. Pictured in the background (from left) are: Manager, Public Relations, Special Projects and Community Outreach, OPM, Shelly-Ann Harris; and Finance and Planning Ministry officials - Director, Industrial Relations, Lorna A. Phillips; Acting Financial Secretary, Everton McFarlane; Senior Industrial Relations Officer, Charmaine Hayman; and Deputy Financial Secretary, Wayne Jones. The new wage agreement, which is for the contract period 2015 to 2017, will see public sector employees receiving a salary increase of seven per cent over two years.

11 years ago Finance & Public Service

Tertiary Education Grants Included in Wage Settlement With Public Sector Workers

A $45 million fund for tertiary education grants is to be established for children of public sector workers, under the newly negotiated wage agreement for the 2015 to 2017 contract...

By: Alecia Smith-Edwards, August 12, 2015

Prime Minister the Most Hon. Portia Simpson Miller.

11 years ago Finance & Public Service

Remarks by the Prime Minister at the Signing of Heads of Agreement with the JCTU

Remarks by the Prime Minister Most Hon. Portia Simpson Miller ON, MP At Signing of Heads of Agreement Between the Government of Jamaica and the Jamaica Confederation of Trade Unions...

By: OPM Communications Unit, August 11, 2015

Minister of Finance and Planning, Dr. the Hon. Peter Phillips (second left), fields questions from journalists during a press conference held at his National Heroes Circle offices in Kingston, today (August 10) to provide details on the debt buy-back arrangement between Jamaica and Venezuela. Also pictured (from left) are: Chief Executive Officer of the PetroCaribe Development Fund, Dr. Wesley Hughes; Minister of Science, Technology, Energy and Mining, Hon. Phillip Paulwell; and Governor of the Bank of Jamaica, Brian Wynter.

11 years ago Finance & Public Service

Services Provided By Government Will Improve Due To Debt Buy-Back

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says the debt buy-back arrangement with Venezuela under the PetroCaribe Energy Co-operation Agreement, was undertaken for the benefit of all...

By: Alecia Smith-Edwards, August 10, 2015

11 years ago Finance & Public Service

The Jamaica Customs Agency Urges Passengers and Importers to Comply

The Jamaica Customs Agency (JCA) wishes to advise persons importing items into Jamaica for social outreach, that they are to import only those items for which the requisite approval has...

By: Jamaica Customs Agency , August 5, 2015