A total of $557.7 billion will be spent on Central Government operations for the fiscal year 2014/15. Making the disclosure during the opening of the Budget Debate in the House of Representatives on April 17, Finance...

Effective January 1, 2015, the threshold on Personal Income Tax will be increased by $49,920 from the present value of $507,312 to $557,232. This was announced by Minister of Finance and Planning, Dr. the Hon....

The Government has proposed new revenue measures expected to raise the $6.7 billion needed to fully finance the 2014/15 budget. This was disclosed by Minister of Finance and Planning, Dr. the Hon. Peter Phillips, as he...

Legislation has been prepared and consultations underway to improve the public procurement process, Minister of Finance and Planning, Dr. the Hon. Peter Phillips, has pointed out. Opening the 2014/15 Budget...

Establishing a One Stop Shop for import/export inspection at the Montego Bay ports is among initiatives to be introduced by Government to cut red tape and improve the ease of doing business in the...

Finance and Planning Minister, Dr. the Hon. Peter Phillips, has emphasized the need to continue the process of fiscal consolidation as a strategy going forward. He also noted that essential structural reforms will have to be pursued,...

​Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says there has been a significant improvement in the level of collections by the Students’ Loan Bureau (SLB). ​Opening the...

For the quarter ending December 31, 2014, tourism grew at a rate of 6 per cent, even though a number of rooms were out of service. Minister of Finance and Planning, Dr. the Hon. Peter Phillips, made...