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Jamaica Finance Minister: ‘Small Business Grants to be paid May’

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Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke

#KINGSTON, May 13 (JIS): Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, says the verification of Small Business Grant applications is underway and payments will be processed following the review of the Auditor General.

“We expect payments of Small Business Grants to be made in May,”                      Dr. Clarke said during a statement to the House of Representatives on May 12.

The Small Business Grant is a component of the Government’s COVID Allocation of Resources for Employees (CARE) Programme.

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The Finance and the Public Service Minister explained that the grants are for businesses that file income tax and payroll returns indicating that they have at least one employee.

“Individual owners, who have no other employee other than themselves, can make a payroll return for themselves. The size of the Small Business Grant, at $100,000.00, is a large sum, and was calibrated to be for businesses that employ other Jamaicans,” Dr. Clarke said.

“All small businesses, whether or not they employ others, are eligible for the Small Business Tax credit of $375,000.00 introduced for the first time in March of this year. Small businesses that file taxes will not pay income taxes on their first $1.5 million earnings,” he added.

Meanwhile, eligibility verification activity for General Grant applicants is now in progress through the collection of registrants’ data from the municipal corporations; Early Childhood Commission; Ministry of Culture, Gender, Entertainment and Sport; Transport Authority and other Government bodies.

            Dr. Clarke said that in some cases, the Auditor General’s Department is conducting a review/audit of data before payments are actioned.

“It is expected that the verification activities will be completed in May and eligible applicants will be notified accordingly. Verification will include matching applicants against approved lists received from the appropriate authorities as well as verification of bank account information,” he noted.

            Barbers, hairdressers, beauty therapists, cosmetologists, taxi operators, bus operators and market vendors who apply and qualify will receive a one-time COVID-19 General Grant of $25,000.

There is a one-time General Grant of $40,000 for bar operators and nightclub operators who apply and qualify.

In addition, Craft vendors and operators of the Jamaica Union of Travellers Association (JUTA), Maxi Tours Limited and Jamaica Co-operative Automobile and Limousine Tours Limited (JCAL) who apply and qualify will receive a one-time General Grant of $40,000.

JIS NEWS by LATONYA LINTON

Magnetic Media is a Telly Award winning multi-media company specializing in creating compelling and socially uplifting TV and Radio broadcast programming as a means for advertising and public relations exposure for its clients.

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Former Sports Minister is new PM of Haiti; Council makes selection

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Rashaed Esson

Staff Writer

On the backend of all the chaos in Haiti, leaders are making swift, concrete efforts to restore the country’s political stability aimed at rebuilding and fortifying the Republic’s society,  and the latest development is the naming of the new Prime Minister on Tuesday April 30. 

Fritz Bélizaire, the former Minister of Sports is now the nation’s Prime Minister, chosen by the recently installed Presidential Council.

He replaced the interim Prime Minister Michel Patrick Boisvert.

Additionally, the Council chose its president, Edgard LeBlanc Fils who will represent it until it has exhausted its time in office. The Council, under legal obligatory agreements as stated in reports, has until February 2026 to bring Haiti to where there is a newly elected president, closing the power vacuum left by Jovenel Moïse’s assassination; a new fully functional Parliament; hopefully a new constitution and new and effective local representatives. 

With much more to be done especially with the worsening crisis as gangs grow angrier with every effort to restore the nation under governmental rule, the Council is reportedly planning to also name a Cabinet. 

As the Presidential Council’s meeting was in progress on Tuesday, reports say there were gunshots throughout Port Au Prince. It is believed gangs were responsible for the random shooting.  The action was reportedly not enough to deter decisions aimed at improving the living conditions in Haiti.

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JAMAICA A STEM ISLAND

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KINGSTON, April 24 (JIS):

Prime Minister, the Most Hon. Andrew Holness, has declared Jamaica a science, technology, engineering and mathematics (STEM) island with a vision of fostering innovation, driving economic growth, and empowering citizens to thrive in the global knowledge economy. 

“Through our collaborative all-hands-on-deck approach, Government, private sector, academia and civil society, we will work towards this goal. Jamaica is now officially declared a STEM island,” he said.

Prime Minister Holness was addressing the Future Ready International Conference held at the University of Technology (UTech) in Kingston on April 24.

As a STEM island, he said that the Government will seek to implement comprehensive education reforms from the primary to the tertiary levels, with the objective of developing a skilled workforce, capable of competing in global markets. 

He said that ecosystems will be developed to encourage startups, entrepreneurs, and innovators in the STEM disciplines to drive industry and economic growth, as well as to address social issues.

“We will encourage the growth of STEM industries such as biotechnology, information technology and advanced manufacturing. We will also leverage STEM to grow and monetise the musical, artistic, cultural and other natural talents of our people. We will leverage STEM solutions to address environmental challenges including climate change, renewable energy and sustainable agriculture,” the Prime Minister said.

 “We will position Jamaica as a hub for STEM research, innovation, collaboration and other developments in the Caribbean and beyond,” he added. 

The Prime Minister said that by embracing STEM as a national priority, Jamaica will unlock its full potential driving prosperity, peace and productivity in a sustainable, equitable way for all our Jamaican citizens and, indeed, the world,” Holness said.

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STAKEHOLDER CONSULTATIONS EXPECTED TO ASSIST GOV’T PLANNING FOR CLIMATE CHANGE 

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KINGSTON, April 29 (JIS):

Minister without Portfolio in the Ministry of Economic Growth and Job Creation, Senator the Hon. Matthew Samuda, says the outcome of discussions arising from the Jamaica National Stakeholder Consultation on Climate Services and the 1st National Climate Forum (NCF-1) will assist in guiding the Government’s planning for climate change.

This, he points out, is important for climate mitigation as well as building Jamaica’s resilience.

“We look forward to the discussions that will, no doubt, take place. We look forward to the basis of planning for the Government to streamline its investments to ensure you have the tools that you need to better advise us, that the WRA (Water Resources Authority) has the tools to digitise its monitoring network, and that all of the agencies that touch our planning mechanisms have the tools. But we need to know what we are facing, and we’re guided by your expertise,” Minister Samuda said.

He was addressing the opening ceremony for the Jamaica National Stakeholder Consultation on Climate Services and the 1st National Climate Forum (NCF-1) at the Courtyard by Marriott Hotel in New Kingston on Monday (April 29).

Senator Samuda said given the fact that the climate has changed and continues to do so, investments in and collaborations on building Jamaica’s predictive and scientific capacity must be prioritised.

“Ultimately, we need to be able to assess our current climatic realities if we are to better plan, if we’re to insist and ensure that our infrastructure meets the needs that we need it to. I’m very happy that this event is happening… because this is a critical issue.

“Jamaica, last year, faced its worst and most severe drought… and this year, we’re already seeing the impacts of not quite as severe a drought but, certainly, a drought with severe impacts, especially in the western part of the country,” he said.

Principal Director, Meteorological Service of Jamaica, Evan Thompson, explained that the forum aims to, among other things, establish a collaboration platform for climate services providers and users to understand risks and opportunities of past, present and future climate developments, as well as improve inter-agency coordination of policies, plans and programmes.

Among the other presenters were Ambassador, European Union to Jamaica, Her Excellency Marianne Van Steen; Chief Scientist/Climatologist, Caribbean Institute for Meteorology and Hydrology, Adrian Trotman; and Head, Regional Climate Prediction Services, World Meteorological Organization, Wilfran Moufouma-Okia.

The Meteorological Service of Jamaica hosted the Jamaica National Stakeholder Consultation on Climate Services and the 1st National Climate Forum (NCF-1) in partnership with the Caribbean Institute for Meteorology and Hydrology and the World Meteorological Organization.

The National Stakeholder Consultation is a governance mechanism that guides how different sectors or actors work together to create products that contribute to adaptation and resilience-building. It seeks to create a road map for the development and implementation of climate services to inform decision-making.

NCF-1 aims to bridge the gap between climate providers and users. It increases the use of science-based information in decision-making and operations with the aim of generating and delivering co-produced and co-designed products and services.

CONTACT: CHRIS PATTERSON

 

 

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