Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
The role of the fiscal commissioner
Fiscal Commissioner Courtney Williams (Photo:: Joseph Welllington)
Business, Caribbean Business Report (CBR)
BY DASHAN HENDRICKS Business content manager hendricksd@jamaicaobserver.com  
March 14, 2025

The role of the fiscal commissioner

SO the fiscal commissioner has said his piece, but who exactly is Courtney Williams, the man whose office works somewhat like a financial referee, ensuring the Government follows proper procedures and maintains transparency in how it handles public funds.

As head of Jamaica’s Independent Fiscal Commission, Williams serves as what former Finance Minister Dr Nigel Clarke described as “the guardian and interpreter of Jamaica’s fiscal rules,” tasked with monitoring adherence to these rules and providing independent assessment of budgetary outcomes. The commission, established in law as an independent parliamentary body, represents a significant evolution in Jamaica’s fiscal governance structure.

Williams explained the genesis of Jamaica’s fiscal responsibility framework, which dates back to 2008 when the administration sought to institute greater fiscal discipline, responsibility, and accountability. Initially, the auditor general temporarily oversaw fiscal rule compliance until a permanent independent body could be established.

The fiscal commissioner emphasised the commission’s independence, noting, “I’m the first commissioner. I was sworn in by the governor general for a period of seven years. I was appointed in 2023 until 2030. And importantly, it’s a commission of Parliament. So I report to Parliament.” This independence allows Williams to provide unvarnished assessments of government fiscal policy without political influence.

To the public, he pointed out, the commission is of high integrity: “And that is why I say, my intent would not be going out there to be expressing gut feelings,” he said pointing out that all his office analyses is the information provided to it.

“This is data. We will go through it. We’ll analyse it and assess them and based on that, express our opinion, our suggestion. So it will be hinged and dependent on what the information is. So it won’t be a gut feeling. It would be important as well outside of the Government, I would say, institutions like yours, the media, to also weigh in on these matters to say, well, these are worthwhile suggestions and it would be to the benefit of not just the Government, but to the benefit of the public, if government were to give due consideration. And that is where I think the media can make a significant difference in that situation.”

So far, his office has five staff, but should increase to 35 overtime, including 10 economists to do analysis.

So, what qualifies Williams to the country’s chief fiscal watchdog? Well, that’s easy.

Williams has been working in the public sector for the past 30 years — since February 20, 1995, he told BusinessWeek, arguing that he is well grounded in fiscal policy.

“I started as a senior fiscal economist in the Ministry of Finance. Then I became senior director of the fiscal policy management unit. I also had acting stints as deputy financial secretary for the economic management division. During that time I was responsible at one point for forecasting the revenue for the Government and then overseeing.”

“I had the responsibility for forecasting each of the revenue items, all the tax types — GCT, SCT, room tax, non-tax revenue, all of them to make sure the Government knows where they are getting money from,” he continued.

He said his training in fiscal policy took him to the International Monetary Fund and also to Harvard University where he spent one summer participating specifically in tax forecasting and revenue analysis.

{"xml":"xml"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

WATCH: NCB Foundation commends Black River community stalwart
Latest News, News
WATCH: NCB Foundation commends Black River community stalwart
December 27, 2025
ST ELIZABETH, Jamaica — A long-serving community volunteer whose quiet acts of kindness have touched generations in Black River was on Saturday recogn...
{"jamaica-observer":"Jamaica Observer"}
Zachary Harding faces questioning in SSL fraud saga
Latest News, News
Zachary Harding faces questioning in SSL fraud saga
December 27, 2025
Having previously declared that “my hands are clean”, former CEO of Stocks and Securities Limited (SSL) Zachary Harding, is now facing questions from ...
{"jamaica-observer":"Jamaica Observer"}
GraceKennedy mourns passing of business leader Mable Tenn
Latest News, News
GraceKennedy mourns passing of business leader Mable Tenn
December 27, 2025
KINGSTON, Jamaica — GraceKennedy has expressed deep sadness at the passing of businesswoman and former director Mable Tenn. In a release, GraceKennedy...
{"jamaica-observer":"Jamaica Observer"}
Three taken into custody in relation to SSL fraud probe
Latest News, News
Three taken into custody in relation to SSL fraud probe
December 27, 2025
KINGSTON, Jamaica — Three individuals have been taken into police custody following a coordinated early-morning operation by multiple law enforcement ...
{"jamaica-observer":"Jamaica Observer"}
Man slapped with multiple charges including murder
Latest News, News
Man slapped with multiple charges including murder
December 27, 2025
KINGSTON, Jamaica — A 25-year-old man has been charged with murder, possession of a prohibited weapon, unauthorised possession of ammunition and makin...
{"jamaica-observer":"Jamaica Observer"}
Jackson welcomes security operations in SSL fraud case
Latest News, News
Jackson welcomes security operations in SSL fraud case
December 27, 2025
KINGSTON, Jamaica — Opposition Spokesman on National Security and Member of Parliament Fitz Jackson has welcomed the start of security operations link...
{"jamaica-observer":"Jamaica Observer"}
Woman dies in motor vehicle crash in Trelawny
Latest News, News
Woman dies in motor vehicle crash in Trelawny
December 27, 2025
TRELAWNY, Jamaica — A woman is now dead and a man nursing injuries following a motor vehicle collision along the One Mile main road in Falmouth Saturd...
{"jamaica-observer":"Jamaica Observer"}
SLB to further enhance digital portal as part of ongoing transformation
Latest News, News
SLB to further enhance digital portal as part of ongoing transformation
December 27, 2025
KINGSTON, Jamaica — The Students’ Loan Bureau (SLB) is looking to further enhance its digital portal, a move that underscores the role of technology i...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct