Displaying items by tag: Audley Shaw

Finance Minister Audley Shaw, (left) in discussion with Prime Minister Andrew Holness

JAMAICA | Shaw says Gov't can't improve wage offer to public sector workers

KINGSTON, March 9, 2018 - Finance Minister Audley Shaw says his government is unable to make a better wage offer to public sector workers at this time.

March 9, 2018
Published in local news

Finance and the Public Service Minister, Audley Shaw, on Thursday (March 8) formally announced that the Government will not be introducing new taxes to fund the 2018/19 Budget.

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.

March 8, 2018
Published in local news

Minister of Finance and the Public Service, Hon. Audley Shaw (right), responds to a question during the meeting of the Standing Finance Committee of Parliament held on Wednesday (February 28). At left is Acting Permanent Secretary in the Ministry of Local Government and Community Development, Marsha Henry-Martin.

JAMAICA | Gov’t Considers Selling JPS Shares to Clear Streetlight Debt

KINGSTON, March 2, 2018 - The Government is giving consideration to selling some of its shares in the Jamaica Public Service (JPS) in order to clear the debt owed to the company for streetlights.

March 2, 2018
Published in Energy

Opposition Leader Dr Peter Phillips has warned that if the country cannot rely on the assurances by Ministers to Parliament ,"we are asking to take the disputes to the streets".

JAMAICA | Opposition Vexed by Govt's Voter Re-verification Delay

KINGSTON, March 1, 2018 - The Opposition Peoples National Party is not happy that the government has reneged on its commitment to set aside $700 million in this year's Budget to undertake the long awaited re-verification of the voters' list.

March 1, 2018
Published in local news

Finance and Public Service Minister, Hon. Audley Shaw (2nd left), shares a light moment with (from left): National Security Minister, Hon. Robert Montague; Inter-American Development Bank (IDB) President, Luis Alberto Moreno; and Bank of Jamaica Governor, Brian Wynter, during Monday’s (February 26) reception at the Jamaica Pegasus Hotel, New Kingston

“JAMAICA on path to becoming Caribbean’s first digital society” says IDB's Luis Moreno

KINGSTON, February 27, 2018 - The Government of Jamaica has paved the way for the creation of a digital society, with the signing of a package of loans from the Inter-American Development Bank Group (IDB).

February 27, 2018
Published in Business & Economy

Minister of Finance and the Public Service, Hon. Audley Shaw, addresses the House of Representatives.

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.

April 12, 2017
Published in local news

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.

February 21, 2017
Published in local news

Minister of Finance and the Public Service Audley Shaw CD, MP, (Seated) (left) and Mr. Xiao Jie, Minister of Finance, China, sign agreement for the Southern Coastal Highway. The Signing Ceremony took place at the at the Ministry of Finance in Beijing, China.

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.

February 17, 2017
Published in local news

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