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Investing in Jamaica's future
Gulf News
|April 28, 2025
Jamaica's remarkable economic turnaround under Prime Minister Andrew Holness continues to gather steam. With firm foundations in place, now the government is opening investment opportunities to build on its progress.
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Jamaica is poised for a new chapter of growth, building on disciplined financial management and an economy primed for investment.
A 2024 report by the International Monetary Fund concluded that the country's economic environment was characterised by "sustained growth, declining debt, low inflation and a strengthened external position," achieved off the back of the government's ambitious reform agenda and strengthened fiscal frameworks. Successes highlighted by Prime Minister Andrew Holness include: nine consecutive budgets without new taxes, a significant reduction in the national debt and record levels of employment. In a speech at the Jamaica Stock Exchange (JSE), Holness reaffirmed his vision for the nation and his determination to go further. "My administration remains committed to building on our successes, creating an environment where businesses can thrive, investments can flourish, and all Jamaicans can benefit from economic progress."
JAMAICA'S TRANSFORMATION IS ROOTED IN PRUDENT FINANCIAL GOVERNANCE.
This story is from the April 28, 2025 edition of Gulf News.
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