Friday, April 19, 2013

Jamaica: Budget focuses on job creation, economic growth - no new taxes

The Jamaica government has presented a J$521 billion (US$5.21 billion) tax free budget to parliament with Finance Minister Dr. Peter Phillips indicating that the aim of the Simpson-Miller administration is to collect outstanding taxes and remove some distortions such as zero-rated electricity charges.

“You will note and no doubt the other members will note that this administration has presented a fully funded budget, there are no new taxes in this budget,” he told legislators on

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