First Look

TAX REVENUES AHEAD OF BUDGET



Ministry of Finance and the Public Service | 2018-09-18 13:20:00

The Honourable Dr. Nigel Clarke, Minister of Finance and the Public Service announced that tax
revenues are ahead of budget by approximately four percent (4%) for the first four months of the
2018/19 financial year.
While speaking at the Tax Audit and Revenue Administration (TARA) Post Graduate Diploma
Programme Graduation Ceremony at the Knutsford Court Hotel on Friday, September 14, 2018,
Minister Clarke noted that investments in the transformation of Jamaica’s tax administrative
services are bearing fruit in an environment where the economic fundamentals are moving in the
right direction. The Minister noted, “There is a sense that the practice of increasing taxes each
year could mask or hide inefficiencies. The fact that there were no new taxes this year, and for
the first four months of the year, tax revenues are 4% ahead of budget, is very, very significant.
And ladies and gentlemen, who work within the Tax Administrative System, have everything to
be proud of.”
The Minister further highlighted that as the Government of Jamaica continues Public Sector
Transformation, the public sector employees have a crucial role to play in embodying the ideals
of the preferred Jamaican state. “In that moment when you are interacting with members of the
Jamaican public, you are the embodiment and personification of the Jamaican state. And since
that is who you are in that moment, it is crucial that you internalize, you become, and you project
the deepest ideals of Jamaica in your interaction. In the way in which you relate to members of
the public, you become who you want Jamaica to be. You are the embodiment of a wise Jamaica,
of an efficient Jamaica, of a compassionate Jamaica, and of a just Jamaica” the Minister stated to
the graduates.
The Minister also acknowledged the role of the US Treasury in supporting the development of
the Post Graduate Diploma Programme thirty years ago. He noted that with the support of the US
Treasury, “a simple seed was planted thirty years ago and has yielded this fruit, year after year
after year. It is something we can seek to replicate in other areas, and show that when you invest
in capacity-building in Jamaica, you are investing for the long-term and it makes a massive
impact.”
The Minister congratulated the graduates and encouraged them to continue to strive for
excellence. “Your role is a consequential role in the public sector. Your job is at the heart of the
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public service, and you can influence the way in which Jamaicans perceive Jamaica,” the
Minister stated.




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