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WiredJa Online News

Wiredja Online News Logo

WiredJa Online News

JAMAICA | No New Taxes to Fund 2018/19 Budget

KINGSTON,  March 8, 2018 - Finance Minister Audley Shaw, on Thursday announced that the Government will not be introducing new taxes to fund the 2018/19 Budget, amounting to approximately $773.6 billion.

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.
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