MSMEs seek bigger share of $470 billion procurement bill
April 2, 2026
by Luke Douglas - Staff Writer
MSMEs seek bigger share of $470 billion procurement bill
Jamaica’s Government spends about US$3 billion (J$470 billion) per year to procure goods and services from the private sector, with only about one per cent going to micro, small, and medium sized companies (MSMEs). A thrust is now on to allocate a larger share of government procurement to smaller businesses even though similar promises have been made in the past.