The PSOJ sector organisation of Jamaica (PSOJ) has called for the government to continue putting emphasis on bureaucratic reform, to improve the ease of doing business and expedite investment approvals.
The group made the call in a statement reacting to the budget debate presentation by Prime Minister Dr. Andrew Holness.
The POJ noted that the presentation outlined a strategic vision aimed at enhancing Jamaica’s economic resilience, stimulating investment, and fostering an environment conducive to private sector growth.
It recognized several key initiatives within the budget that directly impact business operations, investment attractiveness, and economic expansion.
The PSOJ commended the government for its focus on macroeconomic stability, tax predictability, infrastructure expansion, and workforce development.
It said while the proposed initiatives hold promise, their success will ultimately depend on execution efficiency, private sector collaboration, and adaptability to economic challenges.
It said collaboration between the private sector and the government remains essential to ensuring these policies translate into tangible economic gains for all Jamaicans.
PSOJ President Metry Seaga described the government’s budget as good.
The PSOJ, in collaboration with Price Waterhouse Coopers and Victoria Mutual Wealth Management, will host an economic budget review webinar tomorrow.
The webinar will allow for an in-depth analysis of the national budget and its potential impact on Jamaica’s economic landscape.
Its presenters will explore key trends, forecasts, and the anticipated outcomes of the 2025/ 26 budget.
