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

pimsec

In March 2014, the Government of Jamaica established the Public Investment Management System (PIMS), through amendments to Section 48J of the Financial Administration and Audit (FAA) Act and the inclusion of a new Fourth Schedule on the PIMS. These legislative changes were also reflected, in parallel, in the Public Bodies Management and Accountability (PBMA) Act. These changes have now standardized the treatment of public investment across the public sector with respect to the entire project cycle.

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.