The Ministry of Economic Growth and Job Creation (MEGJC) was created in March 2016, with the change of the political administration. The Ministry is charged with drafting the blueprint to drive economic growth and sustainable development in Jamaica. The Ministry has responsibility for seven (7) critical portfolio areas. They are: Land, Environment, Climate Change, Investment and Water and Wastewater.
Under its portfolio areas, the Ministry has oversight for some 48 Agencies, Departments and Divisions, which are responsible for approximately 68 subject areas. Included in the Ministry’s functions are the formulation and implementation of policy relating to these subject areas. It plays a monitoring role to ensure adherence to the policies, and that the operations of these entities are in accordance with the Government of Jamaica’s guidelines and regulations. The Political Directorate of the Ministry is headed by the Prime Minister, the Most Hon. Andrew Holness. He is supported by two Ministers Without Portfolio.
Current Budget: 0
Recurrent: 0.00
Capital A: 0.00
Total: 0
- 2017: NWA – $1.74 Billion in management fees uncollected
- 2017: MEGJC – Master Inventory Record not updated to reflect asset acquisition of $15.03 million
- 2017: MEGJC – No meetings held by the Audit Committee for the entire financial year.
- 2017: NWC – Poor Procurement Leading to Millions in Increased Costs
- 2016: MEGJC – Housing Fund has 7,829 individuals with mortgages in arrears totaling $530,949,663.55
- 2016: PAJ – Excessive retirement benefits provided to former employees without Ministry of Finance approval
- 2016: PAJ – Fourteen (14) senior officers were overpaid gratuities totalling $15.05 million between April 2011 and March 2015
- 2016: DBJ – Since formation in April 2000, Bank performed no evaluation of organisation’s efforts to achieve its objectives
- 2015: DBJ – Hired consultant to measure DBJ’s loan impact; Contract then modified to exclude that impact assessment
- 2015: DBJ – Non-performing loans were significant, $2.5 billion as at March 2012.
- 2015: DBJ provided funding to financial institutions, without ensuring the sectoral targets received those loans
- 2014: NWC – $1.78 billion missing from K-Factor Account
- 2014: NWC – Non-Revenue Water OUR target missed by 16 percentage points
- 2013: NWA – $84.5 million lost on road project due to lack of oversight