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  Departments and Agencies
 
Accountant General
Bank of Jamaica
Betting, Gaming and Lotteries Commission
Container Stripping Station
Cultural, Health, Arts. Sports & Education (CHASE)
Customs
Development Bank of Jamaica
Financial Services Commission
Fiscal Services
Inland Revenue
Jamaica Racing Commission
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Revenue Protection Department
Self-Start Fund
Social Investment Fund
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Sugar Company of Jamaica
Tax Administration Services Department
Taxpayer Audit & Assessment Department
Taxpayers’ Appeals Department
 
 
     

 

MINISTRY OF FINANCE AND THE PUBLIC SERVICE
 

The Ministry of Finance and the Public Service is the principal financial organization of Government with constitutional and legal responsibility for the prudent control of the financial resources of the Government of Jamaica. Through research and planning, it promotes the development and implementation of fiscal and economic policies intended to ensure sustainable growth in the national economy.

The Ministry’s mission is to ensure that Government pursues fiscal and economic policies that foster sustainable growth in the national economy, sound management of the country’s financial institutions, and cost effective delivery of public services.

The collection of revenues
The preparation and management of the national budget
Public sector financial management
Management of the public debt
 
Some of the major issues earmarked as its medium-term objectives are:
Returning the national budget to a surplus position
Maintaining a sustainable public debt
Stabilising the financial sector
Improving financial management of public sector investments
Developing efficiency and modernization in tax administration
Improving standards of financial management, accountability and transparency across the public sector
 
Accountant General’s Department

The goals of the Accountant General’s Department are:

To manage the assets and liabilities of the Government of Jamaica through its cash management
Debt management
Custodianship of Government’s property (other than real property) and investment
Providing acceptable services to public servants in respect of salaries, pensions and loan facilities

Customs Department

The Customs Department is responsible for the collection of customs duties in addition to:

Issuing licenses to in-bond operators
Enforcing all customs laws and regulations
Providing surveillance over all activities of all vessels entering and leaving the island to prevent smuggling
Inspecting factories to ensure compliance with physical and accounting controls
Encouraging voluntary compliance with customs laws in an effort to maximise revenue collections

Inland Revenue Department

The Inland Revenue Department is the principal revenue-collecting agency of the Government. The Department is responsible for the collection of various tax types, including income, education and general consumption. In addition, it makes collections on behalf of other agencies, such as HEART Trust and the Ministry of Local Government, Youth and Community Development. This Department is divided into four regions and 27 collectorates islandwide.

Revenue Protection Department

The Revenue Protection Department (RPD) has the responsibility for enhancing and improving the efficiency of revenue collections and minimising corruption within the Revenue Department. The objectives of the RPD are geared towards:

Increase revenue collection
Reduce smuggling
Increase voluntary compliance
Enhance customer service network
Improve the audit capabilities, aid in standardising financial management capabilities
Minimise the level of corruption in tax administration
Assist in the interdiction of illegal imports of firearms, ammunition and drugs

Subject Areas

 
Bank Inspection
Banking and Currency
Betting, Gaming and Lotteries Act 1965 (excepting sections 51 (1) (a) and 43)
Budget
Classification System and Standards
Collective Bargaining/Industrial Relations
Compensation Policy and Pay Planning
Debt/Equity Conversion
Debt Management
Economic Planning and Monitoring
Employee Assistance (Counselling)
Employee Benefits
Equity Investments
Establishment Control
EXIM Bank
Finance
Financial Administration, Management and Fiscal Policy
Financial Investigation (Money Laundering & Financial Law Enforcement)
Government Investment in Companies & Statutory Corporation
Industrial & Provident Societies Act
Insurance
Loan Negotiations
Monetary Policy
Pensions
Public Accountancy Act
Recognition and Reward Schemes
Regulation of the Financial Sector
Scholarships and Assistance
Special Employee Benefits (Health Insurance, Bus Service, Canteens, Day Care)
Staff Orders and Conditions of Service
Taxation
Technical Assistance
General Training and Development for the Public Sector
   
DEPARTMENTS
Accountant General
Bank Jamaica
Betting, Gaming and Lotteries Commission
Caymanas Track Limited
Culture, Health, Arts, Sports & Education (CHASE)
Container Services Limited
Customs Department
Financial Services Commission
Fiscal Services Limited
Inland Revenue Department
Jamaica Racing Commission
Tax Administration Services Department
Taxpayers' Appeals Department
Taxpayer Audit & Assessment Department
 

CONTACT INFO: 30 NATIONAL HEROES CIRCLE, KINGSTON 4
TELEPHONE: 922-8600-15
FAX: 922-7097
URL: www.mof.gov.jm
 
 
 

 

 
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Minister and MP discuss Road Works
New Cardiac Unit to be Built at Bustamante Hospital for Children
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Overwhelming Response to Tax Administration's Customer Care Centre
Brazil Air Services Agreement Beneficial to Jamaica
 
CSJP NEWS
 
 
 
 
 
 
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