Season 3 Continues – December 2, 2021
Finance Matters is a programme created by the Ministry of Finance and the Public Service to demystify the economic and fiscal policies and initiatives implemented by the Government to empower Jamaicans as we chart a path to Jamaica’s economic prosperity.
More information at the JIS here. or visit Jamaica Magazine on the JIS or the MOFPS YouTube Channel to access the programme.
Daniel and Rory return for Finance Matters with 10 episodes to be aired on Television Jamaica, through the JIS Jamaica Magazine programme.
The Ministry of Finance and the Public Service (MOFPS) has signed a new loan contract with the Inter-American Development Bank (IDB) valued at US$70 million to support the Continued Public Sector Transformation Programme. The MOFPS and IDB representatives participated in a Visibility Ceremony for the loan agreement at the MOFPS on Friday, March 27, 2026.
My fellow Jamaicans,
You may have noted that in its Economic and Fiscal Assessment Report which was published in January, the Independent Fiscal Commission said Hurricane Melissa caused an estimated US$8.8 billion in damage — which is about 41 per cent of GDP.
Fitch Ratings Agency, on February 5, 2026, affirmed the Government of Jamaica’s Long-Term Foreign-Currency and Local Currency Issuer Default Rating (IDR) at ‘BB-’ and maintained the outlook at “Stable”.
Auditors, public sector workers and government officials were urged to strengthen stakeholder confidence in public services by reinforcing trust, enhancing risk oversight and building institutional resilience at the Government of Jamaica’s (GOJ) Audit Committees’ Conference, held at the Jamaica Pegasus Hotel on Wednesday, January 21, 2026.
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