Fayval Williams is new Minister of Finance

Education Minister Fayval Williams is now Jamaica's new Minister of Finance. 

Prime Minister Andrew Holness made the announcement this morning at a post-Cabinet press briefing.

Williams succeeds Dr Nigel Clarke, who resigned this morning to take up post as Deputy Managing Director of the International Monetary Fund.

"These appointments are designed to maintain stability and minimise disruption in the function of the government," he said.

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