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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 & 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.
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.
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Project Realize
Expertise
staff members worldwide
Awards Won
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We are very fortunate that Hurricane Beryl did not make landfall in Jamaica as the trajectory of the centre of the hurricane Beryl passed 45 miles south of Kingston and continued just off Jamaica’s south coast. Though there was significant damage in sections of the island, in many other parts, including much of Kingston, the ackees and mangoes remain on the trees
The Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, led the Jamaican delegation to the Financial Action Task Force (FATF) meetings in Singapore this week.
The Government of Jamaica (GOJ) and the World Bank signed a loan agreement for USD 20 million to support the Jamaica Social Protection for Increased Resilience and Opportunities (SPIRO) Project which is programmed to conclude on January 31, 2030. The GOJ and World Bank representatives participated in a visibility ceremony for the loan agreement held at the Ministry of Finance and the Public Service on Tuesday, June 11, 2024.
Hon. Nigel Clarke, DPhil., MP, Minister of Finance and the Public Service (MOFPS) says the mobilisation of shared services within the public service will enhance good public sector financial management practices. He was delivering the feature address during the Caribbean Public Sector Financial Management Conference at the Jamaica Pegasus Hotel on Wednesday, May 22, 2024.
Today, I met with over 50 stakeholders of the horse racing industry inclusive of jockeys, grooms, trainers, owners, breeders, veterinarians, horse care personnel, directors and management of Supreme Ventures Racing and Entertainment Limited Management, Commissioners from the Jamaica Racing Commission (“JRC”) among other stakeholders from the horse racing industry.
On Thursday, May 2, 2024, the World Bank (International Bank for Reconstruction and Development, or IBRD, AAA/Aaa) settled a catastrophe bond issued on behalf of Jamaica (GOJ) in the amount of US$150 million.
Fitch Ratings Agency, on February 21, 2025, affirmed the Government of Jamaica’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BB-’, with the outlook remaining “Positive.”
The National Health Fund (NHF) excelled at the Corporate Governance Awards copping several awards across different categories including the prestigious Greta Bogues Award for Excellence in Corporate Governance during the Public Bodies’ Corporate Governance Awards held at the Jamaica Pegasus Hotel on Wednesday, December 4, 2024.
Three (3) exceptional civil servants were awarded for their outstanding contribution to the public sector during the Government of Jamaica (GOJ) and the First Heritage Co-operative Credit Union (FHCCU) Civil Servants of the Year and People’s Choice Awards held at the Terra Nova All-Suite Hotel on Friday, November 15, 2024.
Stay in the know with everything going on at the Ministry of Finance and the Public Service by subscribing the MOFPS INSIDER magazine.
Stay in the know with everything going on at the Ministry of Finance and the Public Service.
