Author: Clement Reid

Prime Minister Andrew Holness has reiterated that Jamaica is reaping the benefits of fiscal discipline.

He made the statement at a Diaspora Townhall in Barbados on Friday.

He shared that in the past, Jamaica developed a tradition of borrowing and when he became Prime Minister, he realized the need to build fiscal independence.

According to the Prime Minister, Jamaica has solved part of the equation to become financially independent.

He explained that part of the solution involves fiscal rules that determine how much should be borrowed, if borrowing is necessary.

He reiterated that Jamaica’s foreign exchange reserves exceeding $5 billion USD, are at their highest ever.

He also added that the Central Bank has been targeting inflation which has been kept under control.

He explained that even after the COVID-19 pandemic, the Central Bank brought inflation down “fairly rapidly,” and it is now within the target range of 4 to 6%.

Prime Minister Andrew Holness has reiterated that Jamaica is reaping the benefits of fiscal discipline.

He made the statement at a Diaspora Townhall in Barbados on Friday.

He shared that in the past, Jamaica developed a tradition of borrowing and when he became Prime Minister, he realized the need to build fiscal independence.

According to the Prime Minister, Jamaica has solved part of the equation to become financially independent.

He explained that part of the solution involves fiscal rules that determine how much should be borrowed, if borrowing is necessary.

He reiterated that Jamaica’s foreign exchange reserves exceeding $5 billion USD, are at their highest ever.

He also added that the Central Bank has been targeting inflation which has been kept under control.

He explained that even after the COVID-19 pandemic, the Central Bank brought inflation down “fairly rapidly,” and it is now within the target range of 4 to 6%.

Prime Minister Andrew Holness has reiterated that Jamaica is reaping the benefits of fiscal discipline.

He made the statement at a Diaspora Townhall in Barbados on Friday.

He shared that in the past, Jamaica developed a tradition of borrowing and when he became Prime Minister, he realized the need to build fiscal independence.

According to the Prime Minister, Jamaica has solved part of the equation to become financially independent.

He explained that part of the solution involves fiscal rules that determine how much should be borrowed, if borrowing is necessary.

He reiterated that Jamaica’s foreign exchange reserves exceeding $5 billion USD, are at their highest ever.

He also added that the Central Bank has been targeting inflation which has been kept under control.

He explained that even after the COVID-19 pandemic, the Central Bank brought inflation down “fairly rapidly,” and it is now within the target range of 4 to 6%.

Prime Minister Andrew Holness has reiterated that Jamaica is reaping the benefits of fiscal discipline.

He made the statement at a Diaspora Townhall in Barbados on Friday.

He shared that in the past, Jamaica developed a tradition of borrowing and when he became Prime Minister, he realized the need to build fiscal independence.

According to the Prime Minister, Jamaica has solved part of the equation to become financially independent.

He explained that part of the solution involves fiscal rules that determine how much should be borrowed, if borrowing is necessary.

He reiterated that Jamaica’s foreign exchange reserves exceeding $5 billion USD, are at their highest ever.

He also added that the Central Bank has been targeting inflation which has been kept under control.

He explained that even after the COVID-19 pandemic, the Central Bank brought inflation down “fairly rapidly,” and it is now within the target range of 4 to 6%.

Prime Minister Andrew Holness has reiterated that Jamaica is reaping the benefits of fiscal discipline.

He made the statement at a Diaspora Townhall in Barbados on Friday.

He shared that in the past, Jamaica developed a tradition of borrowing and when he became Prime Minister, he realized the need to build fiscal independence.

According to the Prime Minister, Jamaica has solved part of the equation to become financially independent.

He explained that part of the solution involves fiscal rules that determine how much should be borrowed, if borrowing is necessary.

He reiterated that Jamaica’s foreign exchange reserves exceeding $5 billion USD, are at their highest ever.

He also added that the Central Bank has been targeting inflation which has been kept under control.

He explained that even after the COVID-19 pandemic, the Central Bank brought inflation down “fairly rapidly,” and it is now within the target range of 4 to 6%.

Prime Minister Andrew Holness has reiterated that Jamaica is reaping the benefits of fiscal discipline.

He made the statement at a Diaspora Townhall in Barbados on Friday.

He shared that in the past, Jamaica developed a tradition of borrowing and when he became Prime Minister, he realized the need to build fiscal independence.

According to the Prime Minister, Jamaica has solved part of the equation to become financially independent.

He explained that part of the solution involves fiscal rules that determine how much should be borrowed, if borrowing is necessary.

He reiterated that Jamaica’s foreign exchange reserves exceeding $5 billion USD, are at their highest ever.

He also added that the Central Bank has been targeting inflation which has been kept under control.

He explained that even after the COVID-19 pandemic, the Central Bank brought inflation down “fairly rapidly,” and it is now within the target range of 4 to 6%.

Prime Minister Andrew Holness has reiterated that Jamaica is reaping the benefits of fiscal discipline.

He made the statement at a Diaspora Townhall in Barbados on Friday.

He shared that in the past, Jamaica developed a tradition of borrowing and when he became Prime Minister, he realized the need to build fiscal independence.

According to the Prime Minister, Jamaica has solved part of the equation to become financially independent.

He explained that part of the solution involves fiscal rules that determine how much should be borrowed, if borrowing is necessary.

He reiterated that Jamaica’s foreign exchange reserves exceeding $5 billion USD, are at their highest ever.

He also added that the Central Bank has been targeting inflation which has been kept under control.

He explained that even after the COVID-19 pandemic, the Central Bank brought inflation down “fairly rapidly,” and it is now within the target range of 4 to 6%.

Prime Minister Andrew Holness has reiterated that Jamaica is reaping the benefits of fiscal discipline.

He made the statement at a Diaspora Townhall in Barbados on Friday.

He shared that in the past, Jamaica developed a tradition of borrowing and when he became Prime Minister, he realized the need to build fiscal independence.

According to the Prime Minister, Jamaica has solved part of the equation to become financially independent.

He explained that part of the solution involves fiscal rules that determine how much should be borrowed, if borrowing is necessary.

He reiterated that Jamaica’s foreign exchange reserves exceeding $5 billion USD, are at their highest ever.

He also added that the Central Bank has been targeting inflation which has been kept under control.

He explained that even after the COVID-19 pandemic, the Central Bank brought inflation down “fairly rapidly,” and it is now within the target range of 4 to 6%.

Prime Minister Andrew Holness has reiterated that Jamaica is reaping the benefits of fiscal discipline.

He made the statement at a Diaspora Townhall in Barbados on Friday.

He shared that in the past, Jamaica developed a tradition of borrowing and when he became Prime Minister, he realized the need to build fiscal independence.

According to the Prime Minister, Jamaica has solved part of the equation to become financially independent.

He explained that part of the solution involves fiscal rules that determine how much should be borrowed, if borrowing is necessary.

He reiterated that Jamaica’s foreign exchange reserves exceeding $5 billion USD, are at their highest ever.

He also added that the Central Bank has been targeting inflation which has been kept under control.

He explained that even after the COVID-19 pandemic, the Central Bank brought inflation down “fairly rapidly,” and it is now within the target range of 4 to 6%.

Prime Minister Andrew Holness has reiterated that Jamaica is reaping the benefits of fiscal discipline.

He made the statement at a Diaspora Townhall in Barbados on Friday.

He shared that in the past, Jamaica developed a tradition of borrowing and when he became Prime Minister, he realized the need to build fiscal independence.

According to the Prime Minister, Jamaica has solved part of the equation to become financially independent.

He explained that part of the solution involves fiscal rules that determine how much should be borrowed, if borrowing is necessary.

He reiterated that Jamaica’s foreign exchange reserves exceeding $5 billion USD, are at their highest ever.

He also added that the Central Bank has been targeting inflation which has been kept under control.

He explained that even after the COVID-19 pandemic, the Central Bank brought inflation down “fairly rapidly,” and it is now within the target range of 4 to 6%.