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Bank of Jamaica (BoJ) Governor, Brian Wynter (centre), responds to a question posed during Tuesday’s (Nov. 19) quarterly media briefing at the BoJ’s downtown Kingston offices. Flanking him are Deputy Governors, John Robinson (left); and Myrtle Halsall.
Bank of Jamaica (BoJ) Governor, Brian Wynter (centre), responds to a question posed during Tuesday’s (Nov. 19) quarterly media briefing at the BoJ’s downtown Kingston offices. Flanking him are Deputy Governors, John Robinson (left); and Myrtle Halsall.
Finance & Public Service

BOJ Reports Just Under One Per Cent Growth Third Quarter

The Bank of Jamaica (BoJ) is reporting growth of just under one per cent for the period July to September. Central Bank Governor, Brian Wynter, who made the disclosure during the BoJ’s quarterly media briefing held in the institution’s auditorium,...
Civil Servant of the year (2013) Enthrose Campbell (centre) is engaged in an animated discussion with member of the Civil Service Week Steering Committee Beverley Edwards (L) while outgoing Civil Servant of the Year for 2012, Senior Public Health Nurse Beverley Davis-Samuels (right) looks on.
Civil Servant of the year (2013) Enthrose Campbell (centre) is engaged in an animated discussion with member of the Civil Service Week Steering Committee Beverley Edwards (L) while outgoing Civil Servant of the Year for 2012, Senior Public Health Nurse Beverley Davis-Samuels (right) looks on.

JCSA to Host Expositions in Kingston and St. James
Finance and Planning Minister, Dr. the Hon. Peter Phillips (left), addresses Wednesday’s (November 13) media briefing at the Finance and Planning Ministry’s National Heroes Circle offices in Kingston, where journalists were updated on the results of the International Monetary Fund’s (IMF) Staff Mission Team’s second economic quarterly review under the IMF’s four-year Extended Fund Facility (EFF). Listening keenly are: Mission Team Head, Jan Kees Martijn (centre); and IMF Representative in Jamaica, Dr. Bert Van Selm.
Finance and Planning Minister, Dr. the Hon. Peter Phillips (left), addresses Wednesday’s (November 13) media briefing at the Finance and Planning Ministry’s National Heroes Circle offices in Kingston, where journalists were updated on the results of the International Monetary Fund’s (IMF) Staff Mission Team’s second economic quarterly review under the IMF’s four-year Extended Fund Facility (EFF). Listening keenly are: Mission Team Head, Jan Kees Martijn (centre); and IMF Representative in Jamaica, Dr. Bert Van Selm.

Jamaica Remains on Course for Drawdown from IMF
Training Centre Manager at Sherwin-Williams Limited, Oliver Lewis (standing left), addresses Allman Town residents, who participated in a recent decorative painting course spearhead by the Ministry of Finance and Planning in collaboration with Sherwin-Williams. Occasion was a certificate handing over ceremony for the participants held on November 5 at the St. Matthew’s Anglican Church in the community. Seated at the head table are: Deputy Financial Secretary, Corporate Services Division in Ministry, Claudette Wright; and Acting Director, Transport Security and Emergency Management, Aon Wint.
Training Centre Manager at Sherwin-Williams Limited, Oliver Lewis (standing left), addresses Allman Town residents, who participated in a recent decorative painting course spearhead by the Ministry of Finance and Planning in collaboration with Sherwin-Williams. Occasion was a certificate handing over ceremony for the participants held on November 5 at the St. Matthew’s Anglican Church in the community. Seated at the head table are: Deputy Financial Secretary, Corporate Services Division in Ministry, Claudette Wright; and Acting Director, Transport Security and Emergency Management, Aon Wint.

Skills Project Brings Hope To Allman Town Youth
Minister of Finance and Planning, Dr. the Hon. Peter Phillips (left), in conversation with Executive Director of the Financial Services Commission (FSC), Janice Holness (second left), at the official opening ceremony of the Caribbean Group of Securities Regulators 10th annual conference and workshop, held at the Hilton Rose Hall Resort and Spa in Montego Bay, on November 6. Others (from left) are: Financial Supervision Adviser, Courtney Christie-Veitch and Deputy Division Chief, International Monetary Fund (IMF), Jodi Scarlata.
Minister of Finance and Planning, Dr. the Hon. Peter Phillips (left), in conversation with Executive Director of the Financial Services Commission (FSC), Janice Holness (second left), at the official opening ceremony of the Caribbean Group of Securities Regulators 10th annual conference and workshop, held at the Hilton Rose Hall Resort and Spa in Montego Bay, on November 6. Others (from left) are: Financial Supervision Adviser, Courtney Christie-Veitch and Deputy Division Chief, International Monetary Fund (IMF), Jodi Scarlata.

No Let Up For Unlawful Financial Organisations

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Finance & Public Service

Omnibus Tax Legislation to Boost Production Sectors – Minister Phillips

Finance and Planning Minister, Dr. the Hon. Peter Phillips, says the recently passed Omnibus Tax Incentive legislation is expected to, among other things, boost areas within the country’s manufacturing and agricultural sectors. The Omnibus legislation is intended to establish a transparent and coherent regime to govern all tax incentives. Dr. Phillips, who was speaking during  an interview with Ian Boyne...
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Finance & Public ServiceParliament

House Passes Omnibus Bills

The House of Representatives on Tuesday, November 19, passed the Omnibus legislation, which seeks to establish a transparent and coherent regime to govern all tax incentives. The Bills passed are the Fiscal Incentives (Miscellaneous Provisions) Act; and the Income Tax Relief (Large Scale Projects and Pioneer Industries) Act 2013. The Fiscal Incentives (Miscellaneous Provisions) Act 2013 sets out the reforms...
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Finance & Public Service

TAJ Steps Up E-Filing System Sensitisation Drive

Tax Administration Jamaica (TAJ) has been stepping up its sensitisation campaign as it gets ready to introduce the mandatory e-filing of tax returns. The system will be implemented on a phased basis, beginning on March 1, 2014 for certain category of persons. Senior Client Relationship Manager, Corporate Services, at the TAJ, Gerrard Edman, said the objective of the new system...
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Minister of Finance and Planning, Dr. the Hon. Peter Phillips, addresses the opening ceremony of the 10th Annual Caribbean Group of Securities Regulators' (CGSR) Conference and Workshop on November 6, at the Hylton Rose Hall Resort and Spa in St. James.
Finance & Public Service

Regulatory Measures Have Boosted Securities Sector – Minister Phillips

Minister of Finance and Planning, Dr. the Hon. Peter Phillips, says that the regulatory measures implemented by the Government coming out of the financial crisis of the 1990s, have resulted in “phenomenal growth in size and assets” of the securities sector in Jamaica. “As at December 2002 … there were 26 securities firms with funds under management amounting to $148...
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Minister of Finance and Planning, Dr. the Hon. Peter Phillips (left), shares a point with Executive Director of the Financial Services Commission (FSC), Janice Holness, at the opening ceremony of the 10th Annual Caribbean Group of Securities Regulators' (CGSR) Conference and Workshop on November 6, at the Hylton Rose Hall Resort and Spa, in St. James.
Finance & Public Service

FSC Head Says Regulatory Regimes Needed To Protect Investors

Executive Director of the Financial Services Commission (FSC), Janice Holness, says that the impact of globalization on emerging economies has dictated the need to develop efficient regulatory regimes that can provide vital investor protections. She said that these regulatory regimes should seek to ensure that investors’ interests are promoted through the provision of high quality, reliable, sustainable and sensible regulation....
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Minister of Finance and Planning, Dr. the Hon. Peter Phillips.
Finance & Public Service

Junior Market Given Transition Period

Government has introduced a transition period for the phasing out of the special scheme of income tax incentives now enjoyed by companies listed on the Junior Market of the Jamaica Stock Exchange (JSE). This was disclosed by Minister of Finance and Planning, Dr. the Hon. Peter Phillips on Tuesday, October 29, during a statement in the House of Representatives on...
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