Jamaica’s Economic Progress A Model for Other Countries – PM

Jamaica News: Prime Minister, the Most Hon. Andrew Holness, says the economic progress made by Jamaica in recent times can be used as a model for other countries to follow.

He noted that the economic successes gained came at “great sacrifice” by Jamaicans, but noted that there is “social consensus” among citizens about the changes that are needed for the country to continue to advance.

The Prime Minister, who was addressing heads of diplomatic missions at The Jamaica Pegasus hotel in New Kingston on March 13, cited among the economic achievements the reduction of the debt-to-gross domestic product (GDP) ratio, which will fall to 96 per cent at the end of the 2018/19 fiscal year on March 31.

This represents the lowest level of debt in nearly two decades, and the first time it will fall below 100 per cent over that period.

Mr. Holness noted, further, that the macroeconomic indicators remain positive, with foreign reserves above the level deemed adequate and the current account remains low and sustainable.

Additionally, market interest rates are at historic lows and fiscal performance continues to be strong.

Mr. Holness advised the diplomats, representing approximately 60 countries, that Jamaica is addressing its infrastructural needs, with increased capital spending on the development of major roadways in and around Kingston.

“We expect that we will finish those major infrastructure developments in the next two months, and that will have a significant impact on our economy,” he said.

Jamaica Increasing Its Engagement with Bilateral Partners

“Clearly, the improvements in sewerage, water (and) telecommunications will create the basis for the regeneration of Kingston, and we’re seeing that happening now,” the Prime Minister added.

He noted that tourism continues to grow, with players from countries with which Jamaica has forged diplomatic ties investing in the sector.

Turning to crime and violence, the Prime Minister assured the diplomatic community that the Government has taken significant steps to address the problem.

“We have to… deal with things like intimate partner violence, domestic violence and violence among youth. We are emphasising social programmes to address those,” he said.

National Security Minister, Hon. Dr. Horace Chang, for his part, told the diplomats that the Government remains committed to human rights and the protection of Jamaica’s citizens.

Prime Minister, the Most Hon. Andrew Holness (right), engages with State Minister in the Ministry of Foreign Affairs and Foreign Trade, Senator the Hon. Pearnel Charles Jr. (left) at a meeting with diplomatic heads at The Jamaica Pegasus hotel in New Kingston on March 13. Listening (from second left) are National Security Minister, Hon. Dr. Horace Chang; and Foreign Affairs and Foreign Trade Minister, Senator the Hon. Kamina Johnson Smith.

He noted that the security forces maintained a commendable record in regards to respect for human rights during the recent States of Public Emergency.

“Indeed, we took time to retrain the officers who were involved in the operations, so we did not have the challenges to human rights that can be a problem when we have a state of enhanced security measures,” he said.

Dr. Chang informed that consistent with the obligations to the International Covenant on Civil and Political Rights and the American Convention on Human Rights, Jamaica notified the Secretary General of the United Nations and the Organization of American States (OAS) of its intention to impose the States of Emergency.

Additionally, dialogue was facilitated with the Inter-American Commission on Human Rights (ICHR) by providing the entity with detailed information about the institutional arrangements put in place to safeguard rights during the period of enhanced policing and military activity.

Dr. Chang maintained that the country is committed to strong relations with its bilateral partners and looks forward to continued collaboration on various issues.

The address was part of Diplomatic Week activities being observed from March 12 to 15 under the theme ‘Building Partnerships for Sustainable Development.’ The week brings together 60 heads of mission, including 35 non-resident heads.

The diplomats will be treated to entertainment and tours during the week of activities.

Source: JIS News

Please send us your Feedback, News Item, Photos and/or Videos to our WhatsApp Number 1-876-353-1389 or Email [email protected]


This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recently Published

Robert Mueller

Special counsel Robert Mueller ends Russia investigation; report delivered to attorney general

WASHINGTON — Special counsel Robert Mueller has finished his investigation of Russian interference in the 2016 election. Mueller’s confidential report has been delivered to Attorney General William Barr, the Justice Department announced Friday. This is a developing story. Check back for updates. 


Curfew Imposed in Sections of Kingston West

Jamaica Crime News, Kingston: A curfew has been imposed in sections of Trench Town and Admiral Town in Kingston West. The curfew began at 5:00 a.m. on Thursday, March 21, and will continue up until 5:00 a.m. on Saturday, March 23. The boundaries of the curfew are as follows. Along Lincoln Avenue from Maxfield Avenue, […]


Curfew Imposed in Whitefield Town

Jamaica Crime News, Kingston: A curfew has been imposed in sections of Whitefield Town in Kingston 13. The curfew began at 5:00 a.m. on Thursday, March 21, and will continue up until 5:00 a.m. on Saturday, March 23. The boundaries of the curfew are as follows. Along Pretoria Road from Bertram Lane onto Maxfield Avenue. […]

Female Found Dead

Defective Bridge Detected on Howard Cooke Highway in Montego Bay

Jamaica News, Montego Bay: Defective Bridge Detected on Howard Cooke Highway – The National Works Agency has announced the sighting of a defective bridge along a section of the Howard Cooke Highway in Montego Bay, St James. Our news team has learnt that following a recent assessment of the bridge, it has been discovered that […]