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Government of Jamaica

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Government of Jamaica

Category: Press Releases

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IDB AND GOVERNMENT OF JAMAICA SIGN AGREEMENT

The Inter-American Development Bank (IDB) and the Government of Jamaica have signed a Project Preparation Facility (PPF) Technical Assistance agreement to generate a pipeline of investment projects in Jamaica. The total project is valued at US$1.25 million.

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SCALING UP CLIMATE FINANCE IN JAMAICA

The Government of Jamaica is working with international financial institutions and donors to strengthen cooperation, crowd-in private investment and build climate resilience following the Resilience and Sustainability Facility arrangement with the International Monetary Fund.

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SSL GETS US$1M INSURANCE PAYOUT – GOJ FINANCIAL SUPPORT NOT REQUIRED

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke has announced that it is no longer necessary for the Government of Jamaica to provide support for the salaries of SSL staff members; an insurance claim made by the Temporary Manager of SSL in April of this year, to SSL’s insurers in England, has now been settled. SSL received the insurance payout of US$1 million on Thursday, September 7th, enabling SSL to settle the remainder of their August staff salary bill last week Monday, September 11.

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STATEMENT ON EXPENSES RELATING TO THE SSL INVESTIGATION AND RELATED COSTS INCURRED BY THE FINANCIAL INVESTIGATION DIVISION AND THE FINANCIAL SERVICES COMMISSION

The Financial Investigations Division (“FID”), is using the proceeds of assets confiscated under Jamaica’s proceeds of crime legislation to fund the extraordinary expenses it incurs in the SSL fraud investigation. These funds do not constitute tax revenue. These funds arise from the FID’s work in identifying, restraining, forfeiting and monetising the proceeds of crime. That is, these funds arise from the confiscation of ill-gotten gains.

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BLOOMING TOGETHER- The Flowers are among the 2023 Marcus Garvey Public Sector Scholars  

The popular adage ‘Bloom where you are planted’ is precisely what 34-year-old, Dr Sherika Equiano-Flowers and her husband Dr Stefan Flowers, 33, depicted when they were selected recipients of the prestigious Marcus Garvey Public Sector Graduate Scholarship. The Flowers made history as the first husband and wife duo to be among the cohort of awardees for the government-funded scholarship.

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