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  • lazie or maudib

    I would like to know what is JA GDP or GNP growth rate in ja for this
    year or since 2007 , thanks .
    Jamaica you mite get a Petroleum well with
    United Oil by 1.31.26;You also has a NNPC option with the Abuja accord from 2022.What
    happens then I don't know.A Petrol Well is
    Probably forthcoming...

  • #2
    duplicate
    "The contribution of forumites and others who visit shouldn’t be discounted, and offending people shouldn’t be the first thing on our minds. Most of us are educated and can do better." Mi bredrin Sass Jan. 29,2011

    Comment


    • #3
      wbvs, I don't know the "growth" but the 2009 figures are available. Apparently, there are three organizations which give world ranking on GDP. The 2009 figures in millions of USD are as follows:

      *M$14,681.00 - World Bank
      *M$11,920.00 - CIA World Facts
      *M$11,903.00 - International Monetary Fund
      "The contribution of forumites and others who visit shouldn’t be discounted, and offending people shouldn’t be the first thing on our minds. Most of us are educated and can do better." Mi bredrin Sass Jan. 29,2011

      Comment


      • #4
        Originally posted by Farmah View Post
        wbvs, I don't know the "growth" but the 2009 figures are available. Apparently, there are three organizations which give world ranking on GDP. The 2009 figures in millions of USD are as follows:

        *M$14,681.00 - World Bank
        *M$11,920.00 - CIA World Facts
        *M$11,903.00 - International Monetary Fund
        thanx farmah i juss check the imf website and they are saying
        growth is - 0.9 % and forecast Growth for 2011 is 1.5 % , I
        am no economist but common sense tell us the low interest
        jlp regime may get growth of 3,4,or 5 % by budget 2012 which
        also happen to be an election year .
        Jamaica you mite get a Petroleum well with
        United Oil by 1.31.26;You also has a NNPC option with the Abuja accord from 2022.What
        happens then I don't know.A Petrol Well is
        Probably forthcoming...

        Comment


        • #5
          willing to bet my house!


          BLACK LIVES MATTER

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          • #6
            I will remember. A hope if the moving truck show up you ready fi leave the Mansion.LOL

            As mi say any government who can't get 3% growth over time is USELESS.

            With low interest rate, Chinese buying the sugar, the roadwork them a go splash out, growth in Agriculture and tourism there is a decent chance it can happen.
            • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

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            • #7
              Originally posted by Assasin View Post

              As mi say any government who can't get 3% growth over time is USELESS.
              Pretty much!
              I'm not sure the present government can achieve that in the next two years though. But after 6,7,8 years and you haven't achieved meaningful growth, you have failed. God knows how Jamaica put up with 18 years of NO growth.

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              • #8
                I see no reason why they can't do it within the next two years.

                That is what they promise and that is what I expect. Granted that they had a recession but by next year I expect to see 3% growth.
                • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

                Comment


                • #9
                  Originally posted by Assasin View Post
                  I see no reason why they can't do it within the next two years.

                  That is what they promise and that is what I expect. Granted that they had a recession but by next year I expect to see 3% growth.
                  Well it would be nice, but I don't see it happening. If developed countries are not projected to grow by that much next year, I don't see how JA can expect to.

                  Comment


                  • #10
                    Originally posted by MissLondon View Post
                    Well it would be nice, but I don't see it happening. If developed countries are not projected to grow by that much next year, I don't see how JA can expect to.

                    teacha yuh teach economics?? Nice analysis!!!
                    TIVOLI: THE DESTRUCTION OF JAMAICA'S EVIL EMPIRE

                    Recognizing the victims of Jamaica's horrendous criminality and exposing the Dummies like Dippy supporting criminals by their deeds.. or their silence.

                    D1 - Xposing Dummies since 2007

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                    • #11
                      Originally posted by Don1 View Post

                      teacha yuh teach economics?? Nice analysis!!!
                      Thanks

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                      • #12
                        check Africa, Brazil, China, India and you will see that the developing countries growth rate are much higher than the developed countries.
                        • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

                        Comment


                        • #13
                          Originally posted by Assasin View Post
                          check Africa, Brazil, China, India and you will see that the developing countries growth rate are much higher than the developed countries.
                          Brazil, China, India and some African countries have been experiencing strong growth for a number of years though. Jamaica is coming from the background 18 years of no growth and declining production and then one of the biggest world reccessions. The aforementioned countries are in a stronger position coming out of the recession. At present, JA is just trying to stay afloat. Growth should come, and if doesn't then the government has failed, but I don't think we will see 3% growth next year.

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                          • #14
                            Yeah but when does the growth start? There is no right time. 3% is minimal not something to rejoice over.

                            The platform is set. We need to work harder and smarter. We had a decline of at least 3-4% over the past two years and at least that we can get back and put ourselves on solid footing.
                            • Don't let negative things break you, instead let it be your strength, your reason for growth. Life is for living and I won't spend my life feeling cheated and downtrodden.

                            Comment


                            • #15
                              Originally posted by Assasin View Post
                              Yeah but when does the growth start? There is no right time. 3% is minimal not something to rejoice over.

                              The platform is set. We need to work harder and smarter. We had a decline of at least 3-4% over the past two years and at least that we can get back and put ourselves on solid footing.
                              3% is minimal, but yet it has eluded Jamaica for years. There is no quick fix for that. The platform is set or atleast its getting there, so the growth SHOULD come. I hope Im wrong btw and 3% growth is chieved next year. According to wbvs's post, the IMF are predicting half that.

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