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March 2021
 

11 March 2021

Removal of CAF sparks renewed fervour in MSME sector

Above Body

 11 Mar 2021    admin   
There is renewed enthusiasm within the Micro Small Medium Enterprise (MSME) sector, following the recent announcement by the Minister of Finance and the Public Service, Dr. The Hon. Nigel Clarke’s of the removal of the Customs Administration Fee (CAF) during his presentation in the opening of the 2021/2022 budget debate. The removal of the CAF is effective April 1, 2021. The Customs Administrative Fee (CAF) is a fee imposed on or in connection with importation or exportation of goods. The Customs Administrative Fee (CAF) prevented many MSME’s from employing opportunities for business growth...


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The Ministry

Welcome to the official website of the Ministry of Industry, Investment and Commerce.

The Ministry of Industry, Investment and Commerce is described as Jamaica's "Business Ministry." It's mandate is to lead the development of policies that will create growth and jobs, while achieving social inclusion and consumer protection. The Ministry, working its stakeholders is primarily responsible for business policy development, monitoring and evaluation, while giving direction and oversight to a cluster of implementing departments and agencies.

We have, therefore, placed much energy and enthusiasm into the development of this website to provide timely information on the Ministry, our agencies and programmes.

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