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Government of Jamaica

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Government of Jamaica

The Public Sector Signs MOU with HRMAJ

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The Ministry of Finance

We Are Here for You

The Ministry of Finance & the Public Service (MoF&PS) enables growth and national development through a sound and predictable macroeconomic policy framework that maintains low inflation, stable exchange rates and competitive interest rates.

Through this and our other priorities, we are tailoring our expertise toward the pursuit of sound socio-economic and financial policies.

The Ministry of Finance

We Are Here for You

The Ministry of Finance & the Public Service (MoF&PS) enables growth and national development through a sound and predictable macroeconomic policy framework that maintains low inflation, stable exchange rates and competitive interest rates.

Through this and our other priorities, we are tailoring our expertise toward the pursuit of sound socio-economic and financial policies.

Delivering results, reliability, & rock solid dependability.

We develop creative, comprehensive, and sustainable engineering solutions for a future where society can thrive.
Possibilities of the Ministry

Opportunities

Our agency realizes our great responsibility of being stewards to our nation, whether by affording our high-aiming students a chance at better education advancements, helping to secure grants for local business owners, or in inviting a new member into our team or professionals who will in turn, themselves become awesome stewards.

Welcome to the The Ministry of Finance & the Public Service.

Procurement

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Possibilities of the Ministry

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Procurement

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Procurement

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It is literally true that you can succeed best and quickest by helping others to succeed.

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UpdateS

Latest News & Articles

News Updates

MORE THAN USD 1.7 TRILLION IN PUBLIC PROCUREMENT OPPORTUNITIES AVAILABLE THROUGH REGIONAL TRADE AGREEMENTS AND THE WTO GPA

Philippe Pelletier, Legal Affairs Officer at the World Trade Organization (WTO) has announced that USD 1.7 Trillion in value of the market access is available annually under the WTO Government Procurement Agreement (GPA). He was speaking during the second day of the Elevate Procurement Conference which is being held at the Montego Bay Convention Centre from April 23-25, 2024.

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SCOTIA BANK CEO URGES COLLABORATION AND PARTNERSHIP IN PUBLIC PROCUREMENT

Public and private sector entities are being urged to foster an attitude of collaboration and partnership ahead of the revolutionary changes being made to the public procurement process in Jamaica. The call came during the opening ceremony of the Elevate Procurement Conference held at the Montego Bay Convention Centre on Tuesday, April 23, 2024.

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JAMAICA, INTERNATIONAL FINANCIAL INSTITUTIONS, DONORS, COLLABORATE ON ESTABLISING A PROGRAMMATIC APPROACH TO FINANCE CLIMATE NEEDS

The Government of Jamaica (GOJ), the Development Bank of Jamaica, the Green Climate Fund (GCF), Inter-American Development Bank (IDB), the World Bank Group, European Investment Bank as part of Team Europe, USAID, and the United Kingdom, are discussing a framework to establish a ‘Blue Green Facility’ –a blended financing structure–of up to USD 500 million over five years, which would include a contribution from the Government of Jamaica. Such a programmatic approach will help catalyze climate finance by introducing systematic, coherent, and scalable approaches towards adaptation and mitigation needs.

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CONSOLIDATED UPDATE ON SSL

The fraud at Stocks and Securities Limited (“SSL”) is of public interest. The Financial Investigation Division has reported that the fraudulent schemes are now estimated to have
affected over 200 accounts and the extent of the fraud exceeds $3 billion in value.

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TEMPORARY RELIEF FROM CUSTOMS DUTY AND GENERAL CONSUMPTION TAX ON GOODS IMPORTED FOR BERYL RELIEF AND REHABILITATION

Arising from activation of the Disaster Risk Management Act and the impact of Hurricane Beryl on Jamaica, the Minister of Finance and the Public Service granted approval for goods, which the Commissioner of Customs is satisfied are being imported for relief and rehabilitation, to be relieved of import duty and general consumption tax (GCT), in accordance with item 30B of the Second Schedule to the Customs Tariff and section 47 of the GCT Act, over the period July 4, 2024 through August 23, 2024.

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