National Agencies

There are many national agencies in Jamaica working across a range of areas, including capacity-building, finance, health, education and sustainable development. National agencies are publicly funded bodies, commissions, state-owned enterprises or authorities whose establishment is backed by an Act of Parliament. Leading agencies include the Bank of Jamaica; the Financial Sector Adjustment Company (FINSAC), which functions as a leading source of investment opportunities and economic information; and the Petroleum Corporation of Jamaica (PCJ), established Under the Petroleum Act 1979 for the purpose of exploring petroleum and utilising all stages of petroleum. The Urban Development Corporation (UDC) is statutorily tasked with ensuring that planned and orderly development takes place within the framework of national priorities.