Finance of Jamaica is mainly taken care of by the Jamaican
Ministry of Finance. Their main objective is to create a favorable society for each of the citizens so that they can have every prospect of a better quality of life. It provides the entire necessary financial and economic policy framework.
It is the responsibility of the
Ministry of Finance to ensure economic and social policies to maintain the development of the national economy. The
Ministry of Finance pursue this objective through the effective regulation of the country's Financial institutes, efficient management of Public Finances, cost-effective delivery of public services and highly competent employees.
The main objectives of the
Ministry of Finance are to:
- Efficiently manage financial institutions.
- Provide satisfactory service to the clients
- Promote sustainable economic development by creating a suitable environment.
- Execute Cost Effective Public Services by controlling the public finance.
The main programs of the ministry help to sustain the continuous growth in the financial field. The programs are:
- To look after the fiscal policy and give economic advice to government.
- To give advise on tax policies and administer the tax systems.
- To regulate framework to supervise of the financial sector.
- To manage the corporate service.
- To manage the national budget and administer policies.
- To develop and support the corporate processes of the ministry.
Jamaican Finance has a steady growth as the ministry's mission is to create a better quality of life for the people of Jamaica.
