KINGSTON, February 20 2015 - The Government has presented a budget of $641.56 billion for fiscal year 2015/16, with $432.57 billion earmarked for Recurrent expenses and $208.98 billion for Capital development.
Finance and Planning Minister, Dr. Peter Phillips, has again given the Government’s commitment to doing “everything possible” to accommodate claims for salary increases to civil servants for the 2015 to 2017 contract period.
Kingston, January 23, 2015- Finance Minister Dr. Peter Phillips says the gains that have been achieved under the Economic Reform Programme must be sustained in order for Jamaica to realise growth over the medium to long term.
MONTEGO BAY, January 10, 2015- Finance Minister Dr. Peter Phillips says while it is expected that the economy will return to growth in the December (2014) and March (2015) quarters, it is critical that the private sector join the international community in investing more in Jamaica.
KINGSTON, Jamaica December 20, 2014 - The Executive Board of the International Monetary Fund (IMF) yesterday approved disbursement of US$67 million for Jamaica, following Friday’s successful sixth review of the country’s economic performance by the Fund’s Executive Board under the four-year Extended Fund Facility (EFF).
KINGSTON, Jamaica December 20, 2014 -President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, says the construction of a new country office in Jamaica is symbolic of the IDB’s commitment to the island and the wider region.It "is a signal of its firm belief the country and the direction in which it is headed."
KINGSTON, November 24, 2014 - Finance Minister Dr. Peter Phillips says statements by Opposition Spokesman on Finance, Audey Shaw regarding the Economic Programme Oversight Committee, EPOC are rather unfortunate.
NEW YORK, New York, Oct. 31, 2014 – Jamaica’s Finance and Planning Minister Dr. Peter Phillips has urged fifty of the most prominent members of the New York’s Financial Community to seize the opportunity to invest in Jamaica.