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The Ja­maican gov­ern­ment has an­nounced a raft of mea­sures aimed at im­prov­ing the so­cio-eco­nom­ic sit­u­a­tion of Ja­maicans, in­clud­ing in­creas­ing the in­come tax thresh­old will to two mil­lion dol­lars (One Ja­maica dol­lar=US$0.008 cents) over a three-year pe­ri­od.

Fi­nance Min­is­ter Fay­val Williams in her first-ever bud­get pre­sen­ta­tion to Par­lia­ment on Tues­day night, said that the in­come tax mea­sure would go in­to ef­fect from April 1, this year, with­out in­di­cat­ing the cost of the ini­tia­tive to the trea­sury.

She told leg­is­la­tors that the thresh­old would first rise to J$1.8 mil­lion, in­creas­ing slight­ly to  J$1.9 mil­lion, and fi­nal­ly to two mil­lion dol­lars.