Hear the Children's Cry condemns treatment of Mona student 3:15 PM
Health of Jamaica's children improving — Ferguson 2:58 PM
Cops looking for Jody-Ann McNarrin 2:21 PM
'Ratty' killed in motor vehicle accident 2:05 PM
Woman left lying in her own urine in jail before she died 1:15 PM
Emergency repair work disrupts water supply in St James 1:12 PM
UN: Budget cuts causing cholera deaths in Haiti 11:35 AM
Modest growth for Caribbean countries in 2012 11:32 AM
Busy denied bail 10:59 AM
Man detained over New York boy's 1979 disappearance 10:43 AM
Business
Put culture in your JEEP, says World Bank
BY CAMILO THAME Business Co-ordinator thamec@jamaicaobserver.com
Wednesday, February 22, 2012
A World Bank official has recommended that the Government consider focusing the Jamaica Emergency Employment Programme (JEEP) on ICT and cultural industries on a phased basis.
The World Bank's representative for Jamaica (along with Guyana, Suriname and Trinidad and Tobago), Giorgio Valentini, on Monday said that "based on a youth unemployment rate of 30 per cent, the JEEP could be focused on youth employment" linked to the two sectors for which Jamaica "already enjoys a significant comparative advantage over many of her trading partners".
Yesterday, the transport minister, Omar Davies, introduced plans to Parliament to start the JEEP next month, with focus on road and gully repair, as well as curb painting and cleaning of drains.
Valentini appeared to empathise with the Government's plan to implement a short-term stimulus package.
"The broad concept of the project does seem to indicate that the (Government) recognises the need for some kind of radical short-term measure to produce some 'breathing space' or 'relief' to the most vulnerable among the unemployed," he said.
However, the World Bank representative said that the "architects of the JEEP could consider a phased rollout of the programme".
If phased, Valentini argues, "after a significant portion of the employment gap has been arrested at startup, the subsequent phases can move seamlessly into a focus on sustainability".
He added that the World Bank would have to "await further details about the intended structure and features of the JEEP before we can comment on it more specifically".
POST A COMMENT
You must first register and then login to be able to post a comment.
HOUSE RULES
1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper – email addresses will not be published.
2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
4. Please do not write in block capitals since this makes your comment hard to read.
5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
7. Lastly, read our Terms and Conditions and Privacy Policy, and before commenting you need to register, conveniently, by clicking the link above.
Other Stories
0 comments
World Bank slates promotion agencies
0 comments
NCB to list in New York for US$225m
1 comments
Divestment team prepares Air J's response
1 comments
1 comments
Down 90% - JPS leads the way as corporate profits slide
2 comments
0 comments
Ditch LNG, go green — global think tank
0 comments
Current value opportunities in the market
0 comments
Organisers: Don't mess with the Olympic brand
0 comments
Where are Facebook's friends? Stock slide deepens
0 comments
IMF calls on UK to do more to boost economy
0 comments
The justice of interim payments
0 comments
Budget alone won't fix the tax system
0 comments
0 comments
Eurozone warned of 'severe recession'
0 comments
0 comments
What's your company's social media policy?
0 comments
0 comments
Argentina’s economic boom ends
0 comments





