The Government of Jamaica will be allocating an additional $5 billion to the CARE element of the SERVE Jamaica Programme during the months of November and December 2021 to cushion the impact of the pandemic on the most vulnerable in a targeted intervention. Visit www.wecare.gov.jm for details.
The Ministry of Finance and the Public Service (MOFPS) has granted approval to the Jamaica Customs Agency (JCA) to administer the relief of Import Duty and General Consumption Tax (GCT) on imported relief supplies and donations to assist in recovery efforts following the passage of Hurricane Melissa.
Standard and Poor’s (S&P) Global Ratings, today, September 25, 2025, upgraded Jamaica’s long-term foreign and local currency sovereign credit ratings from ‘BB-‘ to BB,’ while its outlook remains “Positive”.
I note with much regret the pre-dated media release of August 14, 2025 shared by the Jamaica Teachers’ Association (JTA) today (August 15, 2025). While it is disappointing that the members of the JTA’s leadership choose not to continue the discussions at today’s meeting that they demanded, the Ministry of Finance and the Public Service (MoFPS) remains committed to the matter of Wage and Fringe Benefits negotiations.
The Ministry of Finance and the Public Service welcomes Jamaica’s invitation to participate in the Financial Action Task Force (FATF) “FSRB Jurisdictions Guest Initiative.” This prestigious invitation was extended by FATF President Ms. Elisa de Anda Madrazo and will allow Jamaica to sit at the FATF table under its own flag and contribute to the organisation’s key policy discussions and working groups over the course of one year.
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