Then chairman of Harmonisation Limited, Richard Byles (left); managing partner of Tavistock Group, Christopher Anand (2nd left); former Prime Minister P.J. Patterson (2nd right) and former Development Minister Dr Paul Robertson at the Jamaica Pegasus Hotel in February 2006 after reaching an agreement to negotiate the Harmony Cove development with Tavistock.
$3b Set Aside For NDX Expenses. Finance Minister Dr Peter Phillips was at pains yesterday to point out that J$2.3 billion, designated as ‘loan-raising expenses’ under external debt in the 2013-2014 Budget, was not an indication of a National Debt Exchange (NDX) on the external side… Read more at Jamaica-Gleaner.com
Education – $76b Budget Tight. The Ministry of Education will be hard-pressed to finance its objectives given its $76-billion budgetary allocation for the 2013-2014 financial year, Education Minister Ronald Thwaites has admitted… Read more at Jamaica-Gleaner.com
No Dis-Harmony – Phillips Declares Luxury Resort Moving Ahead. After a decade of plans to develop a world-class, luxury resort on Jamaica’s breathtaking north coast in Trelawny, the Harmony Cove project is yet to materialise. But this year, development partner Harmonisation Limited is expected to rack up J$55 million in losses and there are fears that its equity of J$3.5 billion is at risk… Read more at Jamaica-Gleaner.com
‘Lotto Task Force’ Under The Microscope – Accused Of Arresting And Then Investigating. With very few convictions arising from its numerous raids in St James, the Superintendent of Police Leon Clunie-led Anti-Lottery Scam Task Force is being accused of failing to do proper investigations before performing arrests, resulting in undue embarrassment to many innocent persons… Read more at Jamaica-Gleaner.com
Tax Measures And The Way Forward. What’s the position now? The fiscal year starts April 1 each year. As a result. Government must table and present a new budget outlining its planned expenditure and receipts for the upcoming year… Read more at Jamaica-Gleaner.com
Redemption Arcade Alive Again. Mayor of Kingston Angela Brown Burke yesterday announced that after a few setbacks at the Redemption Arcade, it is now abuzz with activity… Read more at Jamaica-Gleaner.com
