Education received the largest share of the 2023/24 Budget for recurrent programmes outside of debt payments and compensation of employees. A sum of $142.9 billion is earmarked for the sector...

In the upcoming fiscal year, the Government will introduce two new incentive programmes to encourage greater take-up of the Central Bank Digital Currency, JAM-DEX. They are the Small/Micro Merchant Incentive...

The Government will be providing full tuition scholarships with the aim of preparing 1,250 new science, technology, engineering and mathematics (STEM) teachers over the next five years. The Students’ Loan...

The Government is providing a $200 million down payment to endow a Fiscal Research Institute within the Department of Economics at the University of the West Indies (UWI). Minister of...

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, is again urging public sector groups not yet signing the new compensation scheme, to come forward to settle...

The Government is providing tax relief totalling approximately $153.33 million during fiscal year 2023/24. This will result from the provision of Income Tax Credit, totalling $100 million, on the installation...

Two recipients from the first cohort of Marcus Garvey Public Sector Graduate Scholarship Programme awardees, have graduated from their respective universities and are now the holders of master’s degrees. Minister...

Jamaica’s economy is estimated to have expanded by 3.4 per cent in the fourth quarter of 2022, signaling the country’s recovery from the COVID-19 pandemic. Minister of Finance and the...