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Old November 22nd, 2019, 11:16 AM
Don1's Avatar
Don1 Don1 is offline
Reggae Prime Minister
Join Date: Oct 2007
Posts: 30,133
Thumbs down Tourism income DOUBLES while economy FLATLINES

So GOJ's boast of 5% growth in 4 years shifts to 1% in 5 years it appears. And these are relatively "good times" globally.

Sumting Wong i.e. Low skill & Low value-adding industries leading the economic futility...eternally.

Cyaan seh mi neva warn unnu seh dat nuh spell sense inna Century 21. It's imperative that JA upgrades its HUMAN CAPITAL radically by 2030 Fortunately there are a few showing how to execute that mission

Economy Flatlines at 0.3 % growth

Business reporter

Wednesday, November 20, 2019 8 Comments

The Planning Institute of Jamaica (PIOJ) in its latest review of economic performance has said that the Jamaican economy grew by an estimated 0.3 per cent in the July to September quarter relative to the corresponding quarter of 2018.

Speaking yesterday the PIOJ's quarterly press briefing on the performance of the macroeconomy for the quarter, Director General Dr Wayne Henry said that growth was driven mainly by increases in the finance and insurance services, hotels and restaurants and the manufacturing industries.

“All industries within the Services Industry grew during the quarter. The industries registering the largest growth rates were finance and insurance services at 3.0 per cent; hotels and restaurants by 2.3 per cent and other services by 1.5 per cent,” he said.

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

D1 - Xposing Dummies since 2007

Last edited by Don1 : November 22nd, 2019 at 11:29 AM.
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