JIS News

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  • The Strategic Public Sector Transformation Project has received an additional $1 billion for the 2020/21 fiscal year.
  • This provision is included in the 2020/21 Estimates of Expenditure, now before the House of Representatives.
  • The project, being spearheaded by the Ministry of Finance and the Public Service, aims to strengthen public resource management and support select public-sector institutions in facilitating a more enabling environment for private-sector growth.

The Strategic Public Sector Transformation Project has received an additional $1 billion for the 2020/21 fiscal year.

This provision is included in the 2020/21 Estimates of Expenditure, now before the House of Representatives.

The project, being spearheaded by the Ministry of Finance and the Public Service, aims to strengthen public resource management and support select public-sector institutions in facilitating a more enabling environment for private-sector growth.

Achievements since implementation commenced in August 2014 include establishment of the Public Investment Management Secretariat (PIMS); publication of the Citizens’ Guide to the Budget, 2019/20; upgrading of the Finance Ministry’s technology structure; and support for implementing selected recommendations from the Ministry of National Security’s strategic review.

Programmed engagements for 2020/21 include completing the procurement and commencing development of the Public Investment Management Information System; publication of a National Citizens’ Guide to the 2020/21 Budget; and supporting the reorganising exercise at the Finance Ministry departments.

The project, which was slated to end in September 2020, has been extended to December 2021, with an additional $635 million programmed to be allocated during the 2021/22 fiscal year.

Funding is being provided by the Government of Jamaica, World Bank, United Kingdom Department for International Development, and the Inter-American Development Bank.

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