AGP Executive Report
Last update: 9 hours agoNon-Profit Crunch: Charity leaders warn Jamaica’s proposed Non-Profit Organisations Act could raise compliance burdens and push volunteer-run groups out of business, while also cutting support to communities that rely on them. Regulatory Friction: A separate case highlights delays and back-dating in charitable registration certificates, leaving groups scrambling to renew. Housing & Construction: PM Andrew Holness says Jamaica is looking to Guyana’s faster approvals as it targets a major housing push, citing contractor and skills bottlenecks plus slow planning and approvals. NHT Deposit Boost: The NHT Advance Deposit Loan starts July 1, offering eligible young adults up to J$2 million toward a home deposit. Insurance Cost Pressure: Proposed Financial Services Commission fee increases could add about J$500 million in regulatory costs for general insurers, with possible knock-on effects for premiums. Tourism & Trade Links: Jamaica adds a direct Medellín–Montego Bay flight to deepen Latin American arrivals, while Canada and CARICOM renew a partnership focused on security, climate and trade. Aviation Reform: Senate approval for the Civil Aviation (Amendment) Act, 2026 aims to align Jamaica’s aviation laws with international standards.
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