Reggae Boyz Supporterz Club Forums
        

Go Back   Reggae Boyz Supporterz Club Forums > Reggae Boyz Supporterz Club Forums > The Everything Jamaica Forum
FAQ Members List Calendar Search Today's Posts Mark Forums Read

The Everything Jamaica Forum This forum is for topics Jamaican or international/world issues which members may have an interest in discussing.

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old June 16th, 2019, 08:02 AM
Jangle Jangle is offline
Reggae Prime Minister
 
Join Date: Jul 2006
Posts: 17,973
Default Jamaica once couldn’t pay its light bill

Now its economy is welcoming Porsche and BMW.

KINGSTON
Just seven years ago, Jamaica was an economic basket case. The government was bleeding so much red ink it couldn’t fix potholes or keep streetlights on as it faced a staggering $20 billion debt in 2013.

Today the nation of 2.8 million is the economic-turnaround story of the Caribbean. Among the tough belt-tightening decisions that got it here: improving tax and customs collection; speeding up construction permits and business registrations; imposing a three-year freeze on public sector wages, privatizing its main airport and seaport, and restructuring billions of dollars in domestic debt.

“What we’ve seen over the last five, six, seven years are things that nobody thought you could tackle,” said Brian Wynter, outgoing governor of the Bank of Jamaica, the country’s central bank. “Not just the world is looking at it, but Jamaicans are looking at that.”

Read more here: https://www.miamiherald.com/news/nat...#storylink=cpy
__________________
Hey .. look at the bright side .... at least you're not a Liverpool fan! - Lazie 2/24/10 Paul Marin -19 is one thing, 20 is a whole other matter. It gets even worse if they win the UCL. *groan*. 05/18/2011.MU fans naah cough, but all a unuh a vomit?-Lazie 1/11/2015
Reply With Quote
 


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -4. The time now is 02:03 AM.


Powered by vBulletin® Version 3.6.5
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
©1999-2012 Reggae Boyz Supporterz Club, Inc.