Minister of Finance and Public Service
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Hon. Nigel Clarke, DPhil., MP, (2nd left) Minister of Finance and the Public Service and Lilia Burunciuc (2nd right), World Bank Country Director for the Caribbean Countries sign a loan agreement to support the Jamaica Social Protection for Increased Resilience and Opportunities Project during a visibility ceremony at the ministry on Tuesday, June 11, 2024. Looking on are Collette Roberts Risden (left), Permanent Secretary, Ministry of Labour and Social Security and Dr. Jaime Saavedra Chanduvi (right), World Bank Human Development Director for Latin America and the Caribbean Region.
Kingston, Jamaica: Thursday, April 30, 2026
Following a meeting on Wednesday, April 29, 2026, between the Ministry of Finance and the Public Service (MOFPS) and the Jamaica Confederation of Trade Unions (JCTU), both parties are pleased to advise that an agreement has been reached to resume annual performance-based salary increments.
This development reflects the continued engagement and advocacy of the JCTU, as well as the Ministry’s commitment to advancing matters affecting public sector employees. A formal Circular will be issued by the Ministry on Monday, May 4, 2026, to provide details of implementation.
Employees will recall that Circular No. 20 dated November 18, 2022 suspended incremental movements for the period April 1, 2022 to March 31, 2025, during the implementation of the Government’s new Compensation Structure. With the completion of this reform on March 31, 2025, the conditions are now in place to facilitate the resumption of increments.
Accordingly, payment of annual performance increments, including seniority allowances, where applicable, will recommence in the 2026/2027 Financial Year.
The MoFPS and the JCTU emphasise that this step demonstrates the value of sustained collaboration in addressing public sector workers’ concerns. Both parties remain actively engaged in negotiations for the contract period from April 1, 2025, to March 31, 2028, and are committed to concluding these discussions as soon as possible.
While several items have already been agreed, efforts continue to resolve outstanding matters from the Compensation Restructuring Exercise. In the interim, the resumption of performance increments is a tangible and positive outcome for employees.
Both the Ministry and the JCTU acknowledge the ongoing contributions of public sector workers to national development and reaffirm their shared commitment to improving terms and conditions of service.
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For further information contact:
Corporate Communication & Public Relations Branch
Ministry of Finance and the Public Service
30 National Heroes Circle
Kingston 4
Tel: (876) 932-4656/4660/4655
Email: Shakiel.Rochester-Shorter@mof.gov.jm; Suzell.Wray@mof.gov.jm
Contact: Shakiel Rochester Shorter/Suzell Wray
The Hon. Nigel Clarke, D.Phil., MP
Minister of Finance and the Public Service
30 National Heroes Circle, Kingston 4
Tel: (876) 932-4656 / 4660 / 4655
Eml: opedjamaica@gmail.com
Following a meeting on Wednesday, April 29, 2026, between the Ministry of Finance and the Public Service (MOFPS) and the Jamaica Confederation of Trade Unions (JCTU), both parties are pleased to advise that an agreement has been reached to resume annual performance-based salary increments.
Honourable Fayval Williams, Minister of Finance and the Public Service, announces the commencement of the search for a new Governor of the Bank of Jamaica (“BOJ”) who would be expected to succeed Governor Richard Byles on the completion of his term of appointment on August 18, 2026. The search will take place in keeping with the principles of transparency and good governance.
The Ministry of Finance and the Public Service (MOFPS) has officially launched the fourth staging of the National Budget Secondary School Tour, setting the tone for a series of dynamic and interactive workshops designed to sensitize students about the national budget and its impact on their lives.
The Ministry of Finance and the Public Service (MOFPS) has signed a new loan contract with the Inter-American Development Bank (IDB) valued at US$70 million to support the Continued Public Sector Transformation Programme. The MOFPS and IDB representatives participated in a Visibility Ceremony for the loan agreement at the MOFPS on Friday, March 27, 2026.
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