Sep 19, 2017 Last Updated 12:20 PM, Sep 11, 2017

pimsec

Projects being submitted for approval through the PIMS must:

  1. be endorsed by the Accounting Officer (Permanent Secretary) of the Portfolio Ministry;
  2. be consistent with the current strategic business plan and expenditure ceilings set out in the Budget Call;
  3. reflect the recurrent budget that is being implemented under the current PSIP;
  4. be aligned with the medium and long term strategic priorities for the Government, and
  5. be supported by a properly defined logical framework and accompanying budget.

Projects that have successfully advanced through the PIMS approval process are eligible to be included in the PSIP.

alignment-of-project-cycle-to-pims Figure 1 provides a visual alignment of the project cycle to the PIMS.

 

The PIMS process involves key entities which play varying roles at different stages of the process depending on the type of funding to be used to finance the public investment project. They include: the Ministry of Finance and the Public Service, Development Bank of Jamaica and Planning Institute of Jamaica. The process therefore embraces slight modifications depending on the source of funding, some of which are set out below:

  • Grants
  • Bilateral and Multilateral Loans
  • GoJ Revenue
  • Public Private Partnership
  • Unsolicited Proposals

important-notice

NOTICE TO ALL MINISTRIES, DEPARTMENTS & AGENCIES (MDAs)

The Public Investment Management Committee (PIMC), chaired by the Honourable Minister of Finance & Public Service, Mr. Audley Shaw, is currently scheduled to meet every other month, on the last Friday of the month. The next scheduled meeting is set for 6 October 2017.

As such, all new project concepts or proposals must be submitted in advance for review and consideration by the Public Investment Management Secretariat (PIMSEC). Therefore all projects (accompanied by the letter of endorsement by the Portfolio Ministry) seeking review by the PIMC on that meeting date must be submitted (in hard AND soft copy) to PIMSEC by 03 August 2017.

Ministries, Departments or Agencies (MDAs) requiring further information on this process or requirements for submission of projects, may contact the PIMSEC at 935-5182.