With the United States 2024 Presidential Election just hours away, discussions continue about the potential impact of the poll’s outcome on Jamaica. 

In part five of the series “The U.S. 2024 Presidential Election: The Jamaican Perspective,” Shanice Gibbs zeroes in on concerns about remittance flow to Jamaica. 

See script below

A report from the US-based credit rating company, Fitch Ratings Inc. late last month, revealed that remittances to Jamaica have slowed considerably in the last five years. 

But, this has not eased the concern of the Jamaica Money Remitters Association over whether the outcome of the Donald Trump versus Kamala Harris presidential race could influence how much remittance is sent to the island. 

Speaking with IRIE FM News, President Margaret Campbell says with the U.S. accounting for over 50 per cent of Jamaica’s remittance in-flows and the critical role it plays in the economy, her organization will be closely monitoring the polls. 

Ms. Campbell points to the disparity in immigration policies between Trump and Harris, and how a win for either candidate could affect how much money is sent to the island by Jamaicans living in the U.S.

In the most recent consumer survey by the Jamaica Chamber of Commerce, pollster Don Anderson explained that the majority of remittances sent benefit an average of 27 per cent of the country’s households.

He said recipients use remittances to maintain themselves daily basis.