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first_imgRelatedReforms have to be Pursued – Phillips RelatedReforms have to be Pursued – Phillips Reforms have to be Pursued – Phillips Finance & Public ServiceNovember 16, 2012 RelatedReforms have to be Pursued – Phillipscenter_img FacebookTwitterWhatsAppEmail Finance and Planning Minister, Dr. the Hon. Peter Phillips, says the process of economic and public finance reform, as outlined in Jamaica’s Medium Term Programme, would have to be pursued, even if a new International Monetary Fund  (IMF) was not being negotiated. The administration’s commitment in this guard, he notes, is to ensure the country’s survival in the face of the prevailing economic challenges. “It is important to understand that it is not that the process of economic reform and the reform of public finances has been put on hold, pending some agreement with the (International Monetary) Fund. These are things that we have to do, in any event. It is Jamaica’s programme, not the Fund’s programme,” the Minister said. He was speaking at the Kingston Rotary Club’s weekly luncheon, held at the Jamaica Pegasus Hotel, New Kingston, on November 15. “No one should have to force us to do what is necessary for our own survival and benefit,” he emphasised. The Programme, Dr. Phillips pointed out, will entail: commitment to reducing the ratio of central government wages to the Gross Domestic Product (GDP), to no more than nine per cent by 2015/16; a timetable for public sector pensions reform; and structural benchmarks for tax reform, including improvements to tax administration and the legislative framework governing the tax policy. “The programme will also encompass changes in policies and procedures that improve the environment for doing business and enhance the potential for faster economic growth, by improving the competitiveness of Jamaican businesses. There are also commitments for the preservation of adequate levels of social spending and improvements in the delivery and effectiveness of social programmes,” he further outlined. Dr. Phillips reiterated that there are “no areas of fundamental disagreement” between the administration and the IMF on these issues. However, there are some “important technical issues” which remain to be finalized, he added. “The primary issue centres around the shared view, between the Fund and ourselves, that given the generally precarious conditions in the world economy, and the risk that this negative outlook entails for indebted and vulnerable economies, such as ours, there is a need for us to construct buffers, agreed to beforehand, in the event that the world economic environment turns sharply negative during the life of the programme,” the Minister said. “This has involved a lot of technical work and exchanges of data and information which is being undertaken and which we expect to bring to conclusion very, very shortly,” Dr. Phillips noted. Advertisementslast_img read more

first_imgTechnology and Education Ministries to Sign MOU to Boost Animation Industry EducationJune 7, 2013 RelatedCorporate Jamaica Urged to Help Schools Establish Music Programmes RelatedEducation Ministry to Implement Policy for School-Aged Mothers Advertisementscenter_img RelatedVeteran Educator to Receive PM’s Medal of Appreciation FacebookTwitterWhatsAppEmail The Ministries of Education and Science, Technology, Energy and Mining are to sign a Memorandum of Understanding (MoU), to facilitate the identification of talent within local high schools that will support the development of the local Animation industry.The announcement was made by Minister of State in the Ministry of Science, Technology, Energy and Mining, Hon. Julian Robinson, at a JIS ‘Think Tank’, held on June 6.[RELATED: Submit Entries by June 16 for Animation Competition]He said both Ministries are collaborating to further develop the business of animation among high school graduates, and enhance their skill level in the industry. “We are going to be signing a Memorandum of Understanding (MOU) soon, because the business process outsources have informed us that persons coming out of the high school system are not at the required level, so more needs to be done to boost their creativeness,” Mr. Robinson said.He pointed out that the Ministry will be providing the appropriate training and expertise, so that such persons can tap into the animation industry, effectively. The Minister said that Jamaica is poised to develop a lucrative animation industry, which will present significant opportunities for job creation and foreign exchange earnings, but there are some hurdles or gaps in the development process, which require support from the Ministry to resolve.“We have an abundance of talent here, but there are gaps preventing us from converting them into businesses that can generate income. That we are seeking to change,” he said.One of the biggest challenges facing the industry, the State Minister said, is that persons have brilliant ideas, but cannot afford to leave their day jobs to invest the time and effort to translate their ideas into realities.“In essence, we have to provide the money, the business support and mentorship for such persons, so that their ideas can come to fruition,” he stressed.The State Minister said that the development of the animation industry is a general thrust by the Government to drive entrepreneurship in Jamaica, and expose talents, so that Jamaicans can be more marketable worldwide. He added that Jamaicans are talented in all respects, including animation, application, and software development, which can move the country in a positive direction.“We are going to build on the creativity that exists here in Jamaica, because our primary responsibility as an administration is to find ways to stimulate economic growth,” Mr. Robinson said.He noted that the industry is labour intensive, and requires a lot of work, but is confident that Jamaicans will capitalise on it if the right structures are put in place.The Kingston Animation Festival will be held from June 20 to 21 at the Mona Visitors’ Lodge, University of the West Indies, Mona campus.The festival, which is an initiative of the Technology Ministry, is being staged in partnership with the World Bank and the Government of Canada.Contact: Jeneva Gordonlast_img read more

first_imgAddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMoreWhen the wife of their prime minister came to their orphanage recently, all the children were thrilled when she gifted each one the equivalent of about $12 Cdn.On Wednesday, those children handed over half the money, saying they wanted to give it to victims of the Alberta floods half a world away. The gift totaled $900.Founded as a Cambodian NGO in 2003, the Place of Rescue Orphanage was organized as a “safe haven for families living with AIDS, orphan children and orphan grannies and young unmarried pregnant women.” On the outskirts of Phnom Penh, surrounded by rice fields and sugar palm trees, their cement buildings and thatched huts house more than 100 orphans. The Christian-based compound also includes a rec center, a learning center, playgrounds, gardens, two granny houses and a home for pregnant abandoned young women.(READ the Calgary Herald story in the Province)AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to EmailEmailEmailShare to RedditRedditRedditShare to MoreAddThisMorelast_img read more