Jamaica: Budget focuses on job creation, economic growth – no new taxes

Shaw said that the 2013/14 projections included the J$11.4 billion (US$114 million) first tranche of the J$45.6 billion (US$456 million) drawdown from the National Housing Trust, which has boosted non-tax revenue to J$36.1 billion (US$361 million).

The February tax measures are expected to boost tax revenues by 13 percent over 2013/14 and Shaw, who will make his contribution to the budget debate in Tuesday, said the full impact of the tax measures will be felt over the next few weeks. – (CMC)

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