The country’s independent fiscal monitor has raised concerns that more than $57 billion that were programmed by the central Government and several self-financing public sector bodies for capital works projects in the last financial year were unspent.

Self-financing public bodies (SFPBs) accounted for $42.8 billion in underspend on capital expenditure, while capital expenditure by the central Government fell by $14.8 billion, the Independent Fiscal Commission (IFC) disclosed in its report on Jamaica’s economic performance for the 2025-2026 fiscal year.

The IFC is Jamaica’s non-partisan oversight body tasked with monitoring, assessing and reporting on the Government’s compliance with fiscal rules.