Recommendations For The Restructuring Of - Jamaica Information ...
Recommendations For The Restructuring Of - Jamaica Information ...
Recommendations For The Restructuring Of - Jamaica Information ...
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<strong>The</strong> Accountant General’s Department and Tax Administration will remain and report directly to<br />
the Financial Secretary.<br />
*<strong>The</strong> Bank of <strong>Jamaica</strong> will continue to operate autonomously under the broad oversight of the<br />
Ministry of Finance.<br />
Entities to be Transferred<br />
• <strong>The</strong> Public Service Establishment Division is to be transferred to the Cabinet <strong>Of</strong>ficewhere<br />
the strategic human resource management functions will be managed<br />
• <strong>The</strong> C.H.A.S.E Fund to OPM<br />
• Fiscal Services Limited to OPM where Government’s ICT functions will be managed<br />
• Development Bank of <strong>Jamaica</strong> to be transferred from OPM and merged with EXIM Bank.<br />
Capital Development Fund to be transferred with the DBJ from OPM<br />
• Executive Agencies Monitoring Unit to Cabinet <strong>Of</strong>fice under the Performance<br />
Monitoring and Evaluation Unit<br />
Entities to be Privatised<br />
• Caymanas Track Limited<br />
Entities to be Abolished<br />
• FINSAC (over time)<br />
• Financial Institution Service Limited (over time)<br />
A strategic review of the Ministry will be conducted, in order to align appropriately its structure<br />
with the desired outcomes.<br />
Public Sector Master Rationalisation Plan 23<br />
<strong>Recommendations</strong> for <strong>Restructuring</strong> of Ministries, Departments and Agencies PSTU: May 2011