Jamaica has made an ‘extraordinary’ economic turnaround | Opinion

Jamaica has made an ‘extraordinary’ economic turnaround | Opinion

Jamaica is well known for its beautiful beaches, Bob Marley and its reggae music. What is less known, however, is that the Caribbean island started a silent revolution after being one of the most indebted developing countries in the world. Jamaica has shown an extraordinary macroeconomic turnaround.

$14-b tax giveback: Clarke presents massive stimulus budget.

$14-b tax giveback
Finance Minister Dr Nigel Clarke yesterday created a stir in the country when he announced that the Government was “giving back” $14 billion to taxpayers…Clarke said that the Government has decided on a stimulus path on the basis that Jamaica is now in the “best shape” it has been compared to any other period in the last 50 years.