The Ministry of Finance and the Public Service (MOFPS) wishes to advise the public that approval has been granted for an extension in the relief of Import Duty and General Consumption Tax on imported donations and relief supplies to assist in recovery efforts following the passage of Hurricane Melissa.
The Ministry of Finance and the Public Service (MOFPS) wishes to advise the public that approval has been granted for an extension in the relief of Import Duty and General Consumption Tax on imported donations and relief supplies 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.
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