Finance and Planning Minister, Dr. the Hon. Peter Phillips, says final negotiations are taking place with the preferred bidder to complete the divestment of the Wallenford Coffee Company. The Minister...

The Government’s sustained efforts at debt reduction are bearing fruit, with the lowering of debt servicing costs by 30.9 per cent this year, from $325.9 billion to $225.2 billion. This...

The Government will not be introducing any new taxes this year, but will instead focus on improving inflows from existing taxes to finance the $520.9 billion budget for the 2013/14...

The Development Bank of Jamaica (DBJ) will commit $2 billion to the micro and small business sector this year, to ensure that some 12,250 enterprises can gain access to credit...

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, will continue formal discussions with critical stakeholders on the Government’s plans for macroeconomic stability, growth, and development, during his upcoming...

Some 105 small business owners from communities in West Central St. James are to benefit from a $26.5 million training programme, which will enable them to better manage and ensure...

The 2013/14 Budget Debate begins on Thursday, April 18 in the House of Representatives, with Minister of Finance and Planning, Dr. the Hon. Peter Phillips, making his presentation. Dr. Phillips...

Senior International Monetary Fund (IMF) Representative in Jamaica, Dr. Gene Leon, has commended the Government for displaying the vision to formulate a programme, aimed at resuscitating the country’s economy. Speaking...

The Government is moving to settle a significant percentage of outstanding payments owed by the State on the multibillion dollar Northern Jamaica Development Project. In this regard, $2.28 billion has...

A total of $516.53 million has been allocated to the education sector to facilitate the upgrading and general improvement of the physical infrastructure of schools this fiscal year. The money...

Jamaica is set to receive some US$200 million more in financial assistance under the International Monetary Fund (IMF) agreement, than initially anticipated. A statement by the lending agency on Monday,...