Tag: Ministry of Finance and the Public Service

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.

At the end of each month, the fiscal data on revenues and expenditures are uploaded to the Ministry of Finance’s website which is open and accessible to the public.

Minister of Finance and the Public Service, Dr. the Honourable Nigel Clarke, has invited stakeholders of the horse racing industry together for a face to face meeting on Thursday, May 2 to discuss recent developments.

Today, the University Allied and Workers Union, the Jamaica Federation of Corrections, and the Senior Uniformed Officers Association, all of whom represent correctional officers, met with Minister of Finance and the Public Service Dr. the Hon. Nigel Clarke, Minister of National Security and Deputy Prime Minister Hon. Dr. Horace Chang, Minister of State in the Ministry of Finance and the Public Service Hon. Zavia Mayne and Minister of State in the Ministry of National Security Hon. Juliet Cuthbert and technocrats from both ministries.

Dr. Ama Eyo, Senior Law Lecturer at Bangor University is calling for more sustainable procurement practices that shun corruption, bribery and collusion. She was delivering a lecture on Day 3 of the Elevate Procurement Conference at the Montego Bay Convention Centre on Thursday, April 25, 2024.

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.

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.