Govâ€™t To Push For Higher Economic Growth Next Fiscal Year
Finance and the Public Service Minister Dr Nigel Clarke says the Government will continue to use â€œall levers at our disposal to elevate levels of growthâ€ beyond the projections for the upcoming financial year…
Jamaica has made an â€˜extraordinaryâ€™ 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
Finance Minister Dr Nigel Clarke yesterday created a stir in the country when he announced that the Government was â€œgiving backâ€ $14 billion to taxpayers…Clarke said that the Government has decided on a stimulus path on the basis that Jamaica is now in the â€œbest shapeâ€ it has been compared to any other period in the last 50 years.
Jamaica Economic Outlook
The economy likely performed well in the fourth quarter on the back of a solid tourism sector and a healthy labor market. In October, the unemployment rate declined in year-on-year terms, while employment increased, most notably among women…