GROUP CHAIRMAN'S BLOG
Articles & Columns Published in the Jamaican Sunday Gleaner by Dr. Winston Adams
GROUP CHAIRMAN'S BLOG
Articles & Columns Published in the Jamaican Sunday Gleaner by Dr. Winston Adams
April 21, 2017
Much of the national debate over the past two weeks have centred around the Government's controversial tax measures of $13.5 billion imposed to fill the hole in the budget.
Government has staunchly defended the tax measures which confirm its policy shift from taxing income through the PAYE to the taxing of consumption through the imposition of General Consumption Tax (GCT) and Special Consumption Tax (SCT) on items such as motor vehicle fuels, alcohol and cigarettes.
But how have these tax measures impacted on the higher education sector?
In the absence of a detailed study on the costs of running a tertiary institution, it seems the recent tax measures will cause an increase in overall costs of running these operations. Some of the increased bills that will arise include:
July 23, 2017
Much of the record of failure related to student loan financing schemes is because of problems and limitations - some of which are peculiar to low-income or less industrialised countries - that seem, at least in the short run, to be intractable that is, not solvable simply with smarter policies or better execution. Other challenges may be amenable to alternative policies and/or practices. Among the most serious problems and limitations are the following:
March 25, 2018
There has been much debate recently about the need for the Jamaican government to reduce the public sector wage bill, which often translates into the need to cut the size of the Jamaican public sector.
The International Monetary Fund (IMF) which is the main influencer of government policy over the last two administrations has repeated the importance of bringing the public sector wage bill under nine per cent of GDP from its current level of about 10 per cent.
The last several weeks have seen the trade unions representing public sector workers (teachers, nurses, police, civil servants etc.) battling with government over wage increases ranging from two to six per cent per annum.