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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, opens the 2023/24 Budget Debate in the House of Representatives on March 7.

UK-Based Entity to Provide Forensic Audit Services for SSL Probe

By: Latonya Linton, March 8, 2023

The United Kingdom (UK)-based Kroll Associates will be providing forensic audit investigative services to the Financial Investigations Division (FID) in the entity’s probe of the Stocks and Securities Limited (SSL)...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, opens the Budget Debate in the House of Representatives on Tuesday (March 7).

SLB Will No Longer Require Guarantors for PATH Applicants

By: Mickella Anderson, March 7, 2023

$1-Billion Fund for Film and TV Production

By: Chris Patterson, March 7, 2023

Budget 2023/2024 3 years ago Gov’t to Make Public-Sector Contract Workers Permanent Employees
By: Latonya Linton, March 8, 2023
Budget 2023/2024 3 years ago Labour Minister to Announce Increase in Minimum Wage in April
By: Latonya Linton, March 7, 2023
Finance & Public Service 3 years ago $9.5 Billion PATH Benefits Disbursed
By: Chris Patterson, March 7, 2023

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3 years ago Finance & Public Service

Income Tax due Date Draws Closer

With just one week to go before Annual Income Tax Returns for 2022 and Estimated Returns for 2023 are due, Tax Administration Jamaica (TAJ) is reminding Income Tax filers that...

By: Tax Administration Jamaica (TAJ), March 7, 2023

A $2.3-billion allocation has been made to continue work on the Southern Plains Agricultural Development Project in the upcoming fiscal year.
The sum has been budgeted in the 2023/24 Estimates of Expenditure, tabled in the House of Representatives by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, recently.
The project, which began in December 2019, aims to provide access to irrigation water on fallow sugar lands, to increase agricultural productivity through the modernisation of the agricultural sector. It includes construction of wells and canal network and the development of the associated agricultural infrastructure in the arable areas of Amity Hall and Bridge Pen in St. Catherine and Parnassus in Clarendon.
Up to December 2022, the drilling of three wells and yield test were completed in Parnassus, and abstraction licences were approved by the Water Resources Authority.
Other physical achievements of the project include the completion of capacity-building for climate resilience and crop modelling, the design of agricultural buildings, the irrigation network design, the irrigation and road/draining works, and a gender-responsive training manual for farmer groups.
For fiscal year 2023/24, anticipated physical targets of the project are to commence the construction of agricultural buildings and to complete the construction of irrigation network and roads/drainage infrastructure, as well as to complete the rehabilitation of Hartlands canal.
This is in addition to the re-tender for contract to construct pump houses and reservoir at Amity Hall/Bridge Pen and the acquisition of GIS equipment for the NIC.
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Southern Plains…2
The project is being implemented by the Ministry Agriculture and Fisheries, with co-funding from the Government of Jamaica and the Caribbean Development Bank.
It is slated to end in December 2024. An additional $361.7 million has been earmarked to undertake activities in fiscal year 2024/25, if necessary.

3 years ago Budget 2023/2024Finance & Public Service

Finance Minister Opens Budget Debate Today

The 2023/24 Budget Debate gets under way in the House of Representatives on Tuesday (March 7), with the opening presentation by Minister of Finance and the Public Service, Dr. the...

By: Tracey Thompson, March 7, 2023

Statistical Institute of Jamaica (STATIN) Director General, Carol Coy.

3 years ago Finance & Public Service

STATIN to Identify New Completion Date for Population and Housing Census

The Statistical Institute of Jamaica (STATIN) is looking to identify a new date for the completion of the 2022 Population and Housing Census. The undertaking, which commenced last September, was...

By: DOUGLAS McINTOSH, March 4, 2023

3 years ago Finance & Public Service

BOJ Confident of Executing New Role

Bank of Jamaica (BOJ) Governor, Richard Byles, is reaffirming that the institution can effectively execute the new responsibilities that it will be assigned under the proposed Twin Peaks regulatory model...

By: DOUGLAS McINTOSH, March 4, 2023

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke.

3 years ago Finance & Public Service

Stock of Debt Declines

Jamaica’s debt stock decreased over the 12-month period between March 2022 and February 2023. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, advised that total public...

By: DOUGLAS McINTOSH, March 3, 2023

International Monetary Fund (IMF) Deputy Managing Director and Acting Executive Board Chair, Bo Li.

3 years ago Finance & Public Service

IMF Approves US$1.7 Billion for Jamaica

The Executive Board of the International Monetary Fund (IMF), on Thursday (March 2), approved funding of approximately US$1.7 billion for Jamaica under its Precautionary and Liquidity Line (PLL) and Resilience...

By: Douglas Mcintosh, March 3, 2023

3 years ago Finance & Public Service

Fiscal Commissioner to be Sworn in Shortly

A candidate has been identified for appointment as Jamaica’s first Fiscal Commissioner. This was disclosed by Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, who indicated...

By: DOUGLAS McINTOSH, March 2, 2023

3 years ago Finance & Public Service

Income Tax Relief Act Amendments to be Tabled Within Three Months

The Government is in the process of finalising amendments to the Income Tax Relief (Large Scale Projects and Pioneer Industries) Act, which will enable Jamaica to attract investments of US$1...

By: DOUGLAS McINTOSH, March 2, 2023

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UK-Based Entity to Provide Forensic Audit Services for SSL Probe

SLB Will No Longer Require Guarantors for PATH Applicants

$1-Billion Fund for Film and TV Production

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Income Tax due Date Draws Closer

Finance Minister Opens Budget Debate Today

STATIN to Identify New Completion Date for Population and Housing Census

BOJ Confident of Executing New Role

Stock of Debt Declines

IMF Approves US$1.7 Billion for Jamaica

Fiscal Commissioner to be Sworn in Shortly

Income Tax Relief Act Amendments to be Tabled Within Three Months

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