The executive board of the International Monetary Fund (IMF) has approved US$1.73 billion in funding for Jamaica under its precautionary and liquidity line arrangement (PLL) and resilience and sustainability facility (RSF).
FINANCE Minister Dr Nigel Clarke has appealed to Parliament for more time to present details of the Government's new compensation scheme for the public sector, promising that the information will be provided once negotiations with central government groups are complete.
Finance Minister Dr Nigel Clarke, and Ambassador of the United Arab Emirates (UAE) to Jamaica, Bader Abdullah Saeed Almatrooshi, signed a Double Taxation Agreement (DTA) for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income.
Standard and Poor’s Global Ratings, yesterday, October 5, 2022, affirmed the Government of Jamaica’s Long-Term Foreign and Local Currency Issuer Default Rating (IDR) at ‘B+’ with the outlook remaining Stable.