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Director General of the Planning Institute of Jamaica (PIOJ), Colin Bullock, addresses the quarterly press briefing at his Oxford Road offices in Kingston on Wednesday (Aug. 26).

Economy Grew 0.8 Per Cent from April to June

By: Alecia Smith-Edwards, August 27, 2015

The Jamaican economy grew by an estimated 0.8 per cent in the April to June 2015 quarter compared with the corresponding quarter of 2014, the Planning Institute of Jamaica (PIOJ)...

Prime Minister, the Most. Hon. Portia Simpson Miller (centre), presents a copy of the signed wage agreement to President, Jamaica Teachers’ Association (JTA), Norman Allen. The JTA signed a new two-year wage agreement with the Government on Wednesday, August 26 during a ceremony held at Jamaica House today (Aug. 26). Looking on (from left) are: Minister of Education, Hon. Rev. Ronald Thwaites; Minister of Finance and Planning, Dr. the Hon Peter Phillips; and Minister without Portfolio in the Ministry of Finance and Planning, Hon. Horace Dalley.

PM Says Signing of Wage Agreement with Teachers a Win for Jamaica

By: Communications Unit-OPM, August 26, 2015

Youth Ministry Stages ‘Money Talk Hackathon’

By: E. Hartman Reckord, August 26, 2015

Finance & Public Service 10 years ago Jamaica on Course For 9th Drawdown of Funds From IMF
By: Oroyo Eubanks, August 21, 2015
Finance & Public Service 10 years ago Comprehensive Public Financial Management Reform in Progress
By: Oroyo Eubanks, August 21, 2015
Finance & Public Service 10 years ago Govt Reaping Benefits from Modern Treasury Management System
By: Oroyo Eubanks, August 21, 2015

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Principal of the Four Paths Primary and Junior High School in Clarendon , Norman Ansel Allen (right), is installed as the 51st President of the Jamaica Teachers Association (JTA), during Monday night’s (17) session of the JTA’s annual conference, now underway at the Hilton Rose Hall Resort and Spa in Montego Bay St. James. Outgoing President, Doran Dixon, officiated the function.

10 years ago EducationFinance & Public Service

Teachers Vote to Accept Government’s Wage Offer

Delegates of the Jamaica Teachers Association (JTA) have voted to accept the Government’s wage offer for the 2015-2017 contract period. The teacher-delegates attending the 51st annual conference of the JTA...

By: Sharon Earle, August 19, 2015

10 years ago Finance & Public Service

Bank of Jamaica Reduces Benchmark Interest Rate

Bank of Jamaica announces that with effect from 18 August 2015, the rate offered on its benchmark 30-day Certificate of Deposit will be reduced to 5.25 per cent from 5.50...

By: Bank of Jamaica, August 17, 2015

Project Director, Strategic Public Sector Transformation Project, Ministry of Finance and Planning, Dunstan Bryan (standing), shows Acting Financial Secretary, Everton McFarlane (second left), where to sign the document for implementation of the US$388,967 Medium Term Results Based Budgeting (MTRBB) pilot programme. The signing ceremony was held on Friday (August 14) at the Finance Ministry in Kingston. Others (from left) are: Deputy Financial Secretary, Public Expenditure Division, Lorris Jarrett; Director, Deloitte Overseas Consulting LLP, Michael Vlaisavljevich; and Department for International Development (DFID) Representative in Jamaica, Bhavna Sharma.

10 years ago Finance & Public Service

Gov’t Pursues Results-Based Budgeting

The Government of Jamaica is undertaking a US$388, 967 pilot project aimed at reforming the budget preparation process and to better align spending with anticipated results. The objective is to...

By: Alecia Smith-Edwards, August 17, 2015

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.

10 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.

10 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.

10 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)

10 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.

10 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