The Bank of Jamaica (BOJ) in an assessment carried out in December and published in its annual report last week, says that there is some risk that headline inflation would fall below its target at various times during 2019 and 2020. The central bank has a medium-term target of 4-6
Ancillary workers in several communities across the country will directly benefit from a memorandum of understanding (MoU) between the Ministry of Education and the Jamaica Social Investment Fund (JSIF) to engage in HEART Trust/NTA training in literacy and numeracy, along with technical skills. The ancillary workers were targeted from select
JAMAICA'S Debt-to-Gross Domestic Product (GDP) ratio will fall to 96 per cent at the end of the 2018/19 financial year on March 31. Opening the 2019/20 Budget Debate in the House of Representatives on Thursday, Minister of Finance and the Public Service Dr Nigel Clarke said the figure represents
As I sat and listened to the budget presentation (Revenue Measures) by the Minister of Finance, I thought to myself that finally, after my many years of writing and commentary supporting the reduction of taxes and particularly the removal of the Minimum Business Tax (MBT), I am now seeing it
THE Government has allocated $1 billion to the Ministry of Economic Growth and Job Creation to support the implementation of an islandwide social housing programme across all 63 constituencies. Minister of Finance and the Public Service Dr Nigel Clarke said the programme will comprise three modalities: the provision of indigent
THE sentencing of a Clarendon farmer who faked his death to collect on a $17-million insurance policy was postponed to later this month, when he appeared in the Kingston and St Andrew Parish Court yesterday. Kim Wayne Phillips' sentencing was rescheduled to March 29 after the court was told that
More than 110 students from the Sagicor Foundation’s three adopted schools benefited from free health tests conducted during a three-day health tour, which provided hearing, vision, and oxygen -saturation checks. The health tour, an annual event on the foundation’s calendar, was conducted on February 25, 27, and 28 at the
The Holness administration has committed almost $2 billion in the upcoming fiscal year to provide a shot in the arm for the micro, small and medium enterprises (MSMEs). According to Finance Minister Dr Nigel Clarke, $1.8 billion will be made available in loans to the MSME sector in the 2019-2020
A $14-billion stimulus package is the centrepiece of the Government’s 2019-2020 Budget. Finance Minister Nigel Clarke announced a raft of tax-relief measures aimed at boosting economic activity by promoting business start-ups and removing fiscal impediments to business operations. As of April 1, a total of 3,500 businesses will no longer
Finance and the Public Service Minister Dr Nigel Clarke has announced interest rate cuts for borrowers of the Students’ Loan Bureau (SLB) who are in good standing. In his maiden contribution to the Budget Debate in Gordon House today, Clarke told his colleague lawmakers that, in keeping with the objective
