IFC in the News

February 18, 2026
Thoughts on the new tax package

Last week, Jamaica’s annual revenue measures were tabled along with the estimates of revenue and expenditure on the first day of the new parliamentary session, as recommended by the Independent Fiscal Commission, to allow scrutiny of the budget.
Source: Jamaica Observer

February 15, 2026
Fiscal watchdog warning triggers company tax deadline overhaul

February warning from Jamaica’s fiscal watchdog has prompted the Government to overhaul the timeline for corporate tax collections, moving the filing deadline to April 15 to reduce end-of-year fiscal risk.
Source: Jamaica Observer

February 01, 2026
Tourism’s dominance leaves Jamaica’s public finances exposed to climate shocks

Hurricane Melissa did more than damage hotels, roads and beaches. According to Jamaica’s fiscal watchdog, it exposed how tightly the country’s public finances remain tied to tourism and how climate shocks in a single sector can now transmit directly into the budget.
Source: Jamaica Observer

January 30, 2026
Rebuild faces execution tests

Jamaica's post-hurricane reconstruction drive risks being undermined by the State’s limited capacity to deliver large-scale public investment, despite strong fiscal buffers and access to financing, the Independent Fiscal Commission (IFC) warned on Tuesday in a report tabled in Parliament.
Source: Jamaica Observer

January 30, 2026
Fiscal watchdog sounds alarm as Jamaica plans post-hurricane rebuild

Jamaica’s fiscal watchdog has warned that rising public sector wage pressures are already straining the budget, complicating the Government’s ability to finance post-hurricane reconstruction.
Source: Jamaica Observer

January 30, 2026
Explainer: Why Jamaica keeps budgeting for projects it struggles to build

When Jamaica’s Independent Fiscal Commission (IFC) warned against “over-ambition in materially executing additional capital projects amid local capacity constraints,” the phrase sounded technical. But behind it lies a simple and persistent question: if the money is approved, why don’t the projects happen?
Source: Jamaica Observer

March 07, 2025
Downside risks to growth projections significant, says Fiscal Commissioner

Fiscal Commissioner Courtney Williams says while Jamaica’s fiscal position and policy are sustainable, downside risks to growth projections are significant, given current geopolitical uncertainties and potential for hydrological shocks such as hurricanes.
Source: Jamaica Gleaner

March 11, 2025
Editorial | IFC off to good start

The Independent Fiscal Commission (IFC) has made a promising start. Its assessment of the Government’s debt and macroeconomic projections, which is outlined in its Fiscal Policy Paper for the 2025-26 financial year, concludes that the administration’s forecasts are, on their face, sound.
Source: Jamaica Gleaner

March 13, 2025
Fiscal Commissioner Calls on Gov’t to Cap Public Sector Wages

Commissioner of the Independent Fiscal Commission, Courtney Williams, has added his voice to growing calls for the government to cap public sector wages.
Source: Nationwide News Network

March 18, 2025
Smile Jamaica Interview

Fiscal Commissioner Courtney Williams joins us to review the main points of the Independent Fiscal Commission's first Economic & Fiscal Assessment Report, which assesses the government’s debt and macroeconomic projections for 2025-2026.
Source: Television Jamaica

March 18, 2025
2025/26 Budget Deemed Credible by the Independent Fiscal Commission

The Independent Fiscal Commission (IFC) has determined that the 2025/26 Budget currently being debated in the House of Representatives is credible, based on macroeconomic and fiscal projections.
Source: JIS

March 18, 2025
Fiscal Commissioner Wants Revenue and Expenditure Tabled Together

Fiscal commissioner, Courtney Williams, is calling on the government to adopt a new budget process that would see the revenue measures tabled alongside the estimates of expenditure.
Source: Nationwide News Network

March 18, 2025
Independent Fiscal Commission says 2025/2026 national budget is credible but there are shortcomings

The Independent Fiscal Commission says the 2025/2026 national budget presented by Finance Minister Fayval Williams is credible, but there are shortcomings.
Source: IRIE FM

March 22, 2025
Independent Fiscal Commission says it’s unlawful to comment on initiatives put forward by Opposition during budget debate

The Independent Fiscal Commission has pointed out that it is not within its remit to comment on initiatives put forward by the Opposition during the 2025/2026 budget debate.
Source: IRIE FM

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