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84 public entities are to be merged, closed or divested — Shaw

2017-02-22T14:15:08+00:00

Finance Minister, Audley Shaw, has indicated that 84 public entities are to be merged, closed or divested as part of the Government’s ongoing rationalisation of the public service. Shaw made the disclosure at the signing of the divestment of operations of Caymanas Track Limited to Supreme Ventures Limited at the

84 public entities are to be merged, closed or divested — Shaw2017-02-22T14:15:08+00:00

Gov’t targets billions in taxes – Compliance to make significant contribution

2017-02-14T16:22:52+00:00

A review of the Government's revenue estimates indicates that the Andrew Holness administration intends to increase its tax intake by $62 billion this fiscal year. Of significance is that the Government is projecting to rake in $15 billion from General Consumption Tax, while an additional $6 billion is expected to

Gov’t targets billions in taxes – Compliance to make significant contribution2017-02-14T16:22:52+00:00

Riders get life lessons

2017-02-14T16:07:37+00:00

Riders are taught real-world skills that help them handle a motorcycle properly and with confidence. Photo: Rory Daley Motorcycle Safety workshop Back to Basics (BTB) was held on Sunday, February 5 at the Spanish Court Hotel in New Kingston, in continuation of its mantra of educating Jamaica’s motorcycle users in

Riders get life lessons2017-02-14T16:07:37+00:00

Increased debt payments bloat 2017/18 budget expenditures

2017-02-14T16:02:45+00:00

he new budget tabled in the House of Representatives yesterday by Minister of Finance and the Public Service Audley Shaw shows a 20 per cent increase in government spending in 2017/18. The estimates show a 20 per cent increase in government expenditure, most notably a 38 per cent increase in

Increased debt payments bloat 2017/18 budget expenditures2017-02-14T16:02:45+00:00

Economy on track – EPOC

2017-02-14T15:58:43+00:00

Co-chair of the Economic Programme Oversight Committee, Keith Duncan, provides an update on economic targets under the three-year IMF Precautionary Stand-by Arrangement yesterday.(Collin Reid) Co-chair of the Economic Programme Oversight Committee (EPOC) Keith Duncan says the Government of Jamaica is on track to meet financial sector-related structural benchmarks for the

Economy on track – EPOC2017-02-14T15:58:43+00:00

Sector leaders suggest where revenue could come from

2017-02-08T15:26:29+00:00

Where should the Government get revenue to fund the Budget for the upcoming fiscal year? Metry Seaga, president, Jamaica Manufacturers' Association: We have a compliance rate of less than 50 per cent. That's just not acceptable, and it means that the ones of us that are doing the right thing

Sector leaders suggest where revenue could come from2017-02-08T15:26:29+00:00

NHT ‘raid’? – Gov’t considering funds for budgetary support

2017-02-08T15:21:52+00:00

The Government is reportedly considering using National Housing Trust (NHT) funds for budgetary support, and Dennis Chung, chief executive officer, Private Sector Organisation of Jamaica (PSOJ), said doing that would reduce taxes to be imposed for the upcoming fiscal year. In 2013, the Portia Simpson Miller administration amended the law

NHT ‘raid’? – Gov’t considering funds for budgetary support2017-02-08T15:21:52+00:00

INTER AMERICAN DEVELOPMENT BANK

2017-02-04T05:35:56+00:00

A study by the Inter-American Development Bank (IDB) estimates the direct annual cost of crime and violence in Latin America and the Caribbean at US$261 billion or almost four per cent of GDP. This is roughly what the region invests on infrastructure and double the average cost for developed countries.

INTER AMERICAN DEVELOPMENT BANK2017-02-04T05:35:56+00:00

FSC provides two-year window for investment projects

2017-02-01T20:19:15+00:00

The Financial Services Commission (FSC) indicates that the reprieve granted to general insurance companies — allowing them lower minimum capital ratios — will last for only two years. Further, the regulatory body has put in place a number of guiding rules which the local insurance companies are expected to adhere

FSC provides two-year window for investment projects2017-02-01T20:19:15+00:00

EGC seeks Israeli cooperation to meet growth targets

2017-02-01T20:15:01+00:00

Chairman of Jamaica’s Economic Growth Council (EGC), Michael Lee-Chin, says that council members will be returning to Israel within two months, to continue discussions on economic cooperation. Lee-Chin, who was a member of the team accompanying Prime Minister Andrew Holness to Israel in mid-January, made the announcement Thursday evening as

EGC seeks Israeli cooperation to meet growth targets2017-02-01T20:15:01+00:00
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