Originally posted by Rockman
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Jamaica Economy Contracted 0.9% in 4Q
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"Jamaica's future reflects its past, having attained only one per cent annual growth over 30 years whilst neighbours have grown at five per cent." (Article)
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Originally posted by Hortical View PostJamaica Economy Contracted 0.9% in 4Q From Year Earlier
By Bill Faries - Mar 28, 2013 5:24 PM ET
Statistics agency says GDP contraction was 0.9%, wider than earlier reported by Finance Ministry. Contraction led by 3.9% decline in industrial production Hurricane Sandy impact of $9.7 bln also hurt economy
NOTE: Jamaican dollar has tumbled 5.7% YTD, the worst performance among 21 economies in Central America and Caribbbean.
To contact the reporter on this story: Bill Faries in Miami at wfaries@bloomberg.net
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Bloomberg
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Originally posted by Rockman View PostIs this a condemnation of the PNP or Portia?
Economic figures are attributed to Finance Ministers, are there no consequence to natural disasters...,is she being treated unfairly?
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