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WiredJa Online News

Wiredja Online News Logo

WiredJa Online News

JAMAICA | Finance Minister announces changes to property tax regime

KINGSTON, Jamaica, Apr 11, CMC – Following howls of protest from all sections of society, the Jamaica government Tuesday announced changes to the property tax rates with Finance Minister Audley Shaw indicating that a flat rate of J$1,000 (One Jamaica dollar =US$0.008 cents) will be kept on all properties with a value up to J$400,000.

JAMAICA | Government looking for $32-billion to repay loans

KINGSTON, Jamaica, Feb 21, CMC – The Jamaica government is seeking J$32 billion (One Jamaica dollar =US$0.008 cents) this fiscal year to repay loans to several bilateral and international institutions, according to the 2017/18 Estimates of Expenditure, now before the House of Representatives.

JAMAICA and China sign loan agreement for highway development

KINGSTON, Jamaica, Feb 17, CMC – Jamaica has signed a US$326 million loan with China for the construction of a new Southern Coastal Highway Improvement project and the extension of the tolled east-west highway from May Pen, Clarendon to Williamsfield, Manchester.

JAMAICA - Gov’t Lowers Rate On DBJ Microloans

KINGSTON,  December 12, 2016 - Minister of Finance and the Public Service, Audley Shaw, says the interest rate on the special microloan disbursed by the Development Bank of Jamaica (DBJ) has been reduced to six per cent from 10.5 per cent.
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