PM Holness says Jamaica must avoid what he termed “the vicious cycle” if the nation intends to achieve growth

Prime Minister Dr. Andrew Holness says Jamaica must avoid what he termed “the vicious cycle” if the nation intends to achieve growth.

He made the statement at the handing over ceremony of 93 buses to the Jamaica Urban Transit Company yesterday.

According to the Prime Minister, the vicious cycle happens when governments have to borrow to satisfy the needs of the population, but end up using the money borrowed, to pay back loans.

He explained that this cycle eventually leads to bankruptcy.

The Prime Minister said governments therefore must maintain fiscal discipline even when faced with political pressure from citizens.

Dr. Holness opined that Jamaica can be steered away from the vicious cycle, through increased productivity.

He called on Jamaicans to play their part, noting that growth is the sum of the increased productivity of every citizen.

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Police probing murder of man in Stony Hill, St. Andrew this morning

Prime Minister Dr. Andrew Holness says Jamaica must avoid what he termed “the vicious cycle” if the nation intends to achieve growth.

He made the statement at the handing over ceremony of 93 buses to the Jamaica Urban Transit Company yesterday.

According to the Prime Minister, the vicious cycle happens when governments have to borrow to satisfy the needs of the population, but end up using the money borrowed, to pay back loans.

He explained that this cycle eventually leads to bankruptcy.

The Prime Minister said governments therefore must maintain fiscal discipline even when faced with political pressure from citizens.

Dr. Holness opined that Jamaica can be steered away from the vicious cycle, through increased productivity.

He called on Jamaicans to play their part, noting that growth is the sum of the increased productivity of every citizen.

Read More

Foreign Affairs Ministry enquiring about alleged deportation of Jamaican man from the US to Eswatini

Prime Minister Dr. Andrew Holness says Jamaica must avoid what he termed “the vicious cycle” if the nation intends to achieve growth.

He made the statement at the handing over ceremony of 93 buses to the Jamaica Urban Transit Company yesterday.

According to the Prime Minister, the vicious cycle happens when governments have to borrow to satisfy the needs of the population, but end up using the money borrowed, to pay back loans.

He explained that this cycle eventually leads to bankruptcy.

The Prime Minister said governments therefore must maintain fiscal discipline even when faced with political pressure from citizens.

Dr. Holness opined that Jamaica can be steered away from the vicious cycle, through increased productivity.

He called on Jamaicans to play their part, noting that growth is the sum of the increased productivity of every citizen.

Read More

Dr. Holness cites unemployment rate as indicator that Jamaica is doing much better now, compared to a decade ago

Prime Minister Dr. Andrew Holness says Jamaica must avoid what he termed “the vicious cycle” if the nation intends to achieve growth.

He made the statement at the handing over ceremony of 93 buses to the Jamaica Urban Transit Company yesterday.

According to the Prime Minister, the vicious cycle happens when governments have to borrow to satisfy the needs of the population, but end up using the money borrowed, to pay back loans.

He explained that this cycle eventually leads to bankruptcy.

The Prime Minister said governments therefore must maintain fiscal discipline even when faced with political pressure from citizens.

Dr. Holness opined that Jamaica can be steered away from the vicious cycle, through increased productivity.

He called on Jamaicans to play their part, noting that growth is the sum of the increased productivity of every citizen.

Read More

NWC reviewing designs that will guide the rehabilitation of the Hermitage Dam in St. Andrew

Prime Minister Dr. Andrew Holness says Jamaica must avoid what he termed “the vicious cycle” if the nation intends to achieve growth.

He made the statement at the handing over ceremony of 93 buses to the Jamaica Urban Transit Company yesterday.

According to the Prime Minister, the vicious cycle happens when governments have to borrow to satisfy the needs of the population, but end up using the money borrowed, to pay back loans.

He explained that this cycle eventually leads to bankruptcy.

The Prime Minister said governments therefore must maintain fiscal discipline even when faced with political pressure from citizens.

Dr. Holness opined that Jamaica can be steered away from the vicious cycle, through increased productivity.

He called on Jamaicans to play their part, noting that growth is the sum of the increased productivity of every citizen.

Read More

Bold new chapter for Jamaica’s National Stadium

Prime Minister Dr. Andrew Holness says Jamaica must avoid what he termed “the vicious cycle” if the nation intends to achieve growth.

He made the statement at the handing over ceremony of 93 buses to the Jamaica Urban Transit Company yesterday.

According to the Prime Minister, the vicious cycle happens when governments have to borrow to satisfy the needs of the population, but end up using the money borrowed, to pay back loans.

He explained that this cycle eventually leads to bankruptcy.

The Prime Minister said governments therefore must maintain fiscal discipline even when faced with political pressure from citizens.

Dr. Holness opined that Jamaica can be steered away from the vicious cycle, through increased productivity.

He called on Jamaicans to play their part, noting that growth is the sum of the increased productivity of every citizen.

Read More

Charges laid against two women after mummified body of elderly woman was found in Westmoreland 2 years after she died

Prime Minister Dr. Andrew Holness says Jamaica must avoid what he termed “the vicious cycle” if the nation intends to achieve growth.

He made the statement at the handing over ceremony of 93 buses to the Jamaica Urban Transit Company yesterday.

According to the Prime Minister, the vicious cycle happens when governments have to borrow to satisfy the needs of the population, but end up using the money borrowed, to pay back loans.

He explained that this cycle eventually leads to bankruptcy.

The Prime Minister said governments therefore must maintain fiscal discipline even when faced with political pressure from citizens.

Dr. Holness opined that Jamaica can be steered away from the vicious cycle, through increased productivity.

He called on Jamaicans to play their part, noting that growth is the sum of the increased productivity of every citizen.

Read More

Irie Jackson wins silver at Pan Am U20 Championships, qualifies for U20 World Championships

Prime Minister Dr. Andrew Holness says Jamaica must avoid what he termed “the vicious cycle” if the nation intends to achieve growth.

He made the statement at the handing over ceremony of 93 buses to the Jamaica Urban Transit Company yesterday.

According to the Prime Minister, the vicious cycle happens when governments have to borrow to satisfy the needs of the population, but end up using the money borrowed, to pay back loans.

He explained that this cycle eventually leads to bankruptcy.

The Prime Minister said governments therefore must maintain fiscal discipline even when faced with political pressure from citizens.

Dr. Holness opined that Jamaica can be steered away from the vicious cycle, through increased productivity.

He called on Jamaicans to play their part, noting that growth is the sum of the increased productivity of every citizen.

Read More

Jamaica Debates Commission Chairman says $25M is reasonable cost to stage this year’s National Political Debates.

Prime Minister Dr. Andrew Holness says Jamaica must avoid what he termed “the vicious cycle” if the nation intends to achieve growth.

He made the statement at the handing over ceremony of 93 buses to the Jamaica Urban Transit Company yesterday.

According to the Prime Minister, the vicious cycle happens when governments have to borrow to satisfy the needs of the population, but end up using the money borrowed, to pay back loans.

He explained that this cycle eventually leads to bankruptcy.

The Prime Minister said governments therefore must maintain fiscal discipline even when faced with political pressure from citizens.

Dr. Holness opined that Jamaica can be steered away from the vicious cycle, through increased productivity.

He called on Jamaicans to play their part, noting that growth is the sum of the increased productivity of every citizen.

Read More

Transport Minister Daryl Vaz says JUTC fleet now has more new than used buses

Prime Minister Dr. Andrew Holness says Jamaica must avoid what he termed “the vicious cycle” if the nation intends to achieve growth.

He made the statement at the handing over ceremony of 93 buses to the Jamaica Urban Transit Company yesterday.

According to the Prime Minister, the vicious cycle happens when governments have to borrow to satisfy the needs of the population, but end up using the money borrowed, to pay back loans.

He explained that this cycle eventually leads to bankruptcy.

The Prime Minister said governments therefore must maintain fiscal discipline even when faced with political pressure from citizens.

Dr. Holness opined that Jamaica can be steered away from the vicious cycle, through increased productivity.

He called on Jamaicans to play their part, noting that growth is the sum of the increased productivity of every citizen.

Read More