Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • Videos
  • Career & Education
  • Classifieds
  • All Woman
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Design Week
PM says economic performance will continue to improve
Prime Minister Andrew Holness (fourth left) participates in the breaking of ground for the $907-million Sheffield Palms housing development in Retreat, Westmoreland, last Friday. He is joined by (from left) acting managing director of the National Housing Trust (NHT) Donald Moore; Member of Parliament, Westmoreland Eastern, Daniel Lawrence; director of Sheffield Palms Limited Chescot Brownie; Member of Parliament, Westmoreland Western, Morland Wilson; and NHT board member Doran Dixon. (Photo: JIS)
News, Regional, Western
Anthony Lewis | Observer Writer  
August 14, 2023

PM says economic performance will continue to improve

RETREAT, Westmoreland — Prime Minister Andrew Holness said his Administration has delivered on improved economic performance and this is something that his Government will ensure continues.

Holness argued that while some critics have tried to decry everything and bad-mouth the Government, one cannot deny the achievements made.

“We are going to do our best to ensure that it continues because it is in the continuation of good economic performance that we are going to be able to deliver the things that you want,” assured Holness as he referred to the common cry for basic necessities.

Holness was addressing a ground-breaking ceremony for the construction of 60 housing units by Sheffield Palms Development at Retreat in Westmoreland last Friday.

According to Holness, “The argument is no longer about the economy and its ability to deliver. The argument, though, is how do we share up the dividends of good economic performance.”

“How much more pay should I get? How much more houses we must build? Why not more water supply for us versus some other community with water supply? So the conversation has shifted because the fundamentals of the country have shifted,” argued Holness.

The prime minister, in making his case, pointed to the statistics and its benefit to the people.

“It means something when you have eight consecutive quarters of economic growth, it means something when our unemployment rate is the lowest in our recorded history of statistics. It means something when our net international reserves now stand at US $4.14 billion.

“It is not so long ago, because I know sometimes they argue like we were always there. In 2013, we were on the brink, we didn’t even have 13 weeks of imports. But we forget. Exports for the first time in a long time has shown an increase of 55 per cent over [the] last quarter, last year,” stated Holness.

“Export is not even something that we will report on, but the greatest metric of the performance is that our debt-to-GDP [gross domestic product] ratio, which was as high as 150 per cent, is projected at the end of this fiscal to be about 74 per cent,” he added.

“This is a sacrifice that you all have made and we have to keep steady hands on the economy,” stated the prime minister, who noted that “the benefit of our economic performance has to be used wisely. And in the interest of the people, we must control corruption”.

“The economic benefits cannot be frittered away, cannot be creamed off the top whilst people are suffering. We have to make a commitment to ensuring that the most vulnerable in our midst are protected,” added Holness.

At the same time, the prime minister has warned that there is also no place for disunity.

“So it means that sometimes you will have to compromise. It means you may have to exercise greater patience. You must resist the temptation to divide among classes and social and economic strata because you have persons who are pushing that line. We are one people. We are one Jamaica, and we are going to make decisions for everyone to the benefit of the country,” stated Holness.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Tufton’s CARE Agenda gets underway
Latest News, News
Tufton’s CARE Agenda gets underway
Health minister wants older citizens to age with dignity, independence
June 14, 2026
Health and Wellness Minister Dr Christopher Tufton started his CARE Agenda last week with a focus on the elderly, less than a month after the announce...
{"jamaica-observer":"Jamaica Observer"}
Knicks beat Spurs to claim first NBA title in 53 years
Latest News, Sports
Knicks beat Spurs to claim first NBA title in 53 years
June 13, 2026
SAN ANTONIO, United States (AFP) -- The New York Knicks, fueled by a sensational 45 points from Jalen Brunson, rallied again to beat the San Antonio S...
{"jamaica-observer":"Jamaica Observer"}
Walker, Oakley and Foreman win NCAA titles
Latest News, Sports
Walker, Oakley and Foreman win NCAA titles
June 13, 2026
Three Jamaicans won titles on Saturday’s final day of the NCAA Division 1 track and field Outdoor Championships at Hayward Field in Eugene, Oregon. Fa...
{"jamaica-observer":"Jamaica Observer"}
Vinicius earns Brazil draw with Morocco in World Cup opener
Latest News, Sports, World Cup
Vinicius earns Brazil draw with Morocco in World Cup opener
June 13, 2026
EAST RUTHERFORD, United States (AFP) -- Vinicius Junior scored a brilliant equaliser for Brazil in a 1-1 draw with Morocco on Saturday as the five-tim...
{"jamaica-observer":"Jamaica Observer"}
Trump’s name removed from Kennedy Center arts venue
International News, Latest News
Trump’s name removed from Kennedy Center arts venue
June 13, 2026
WASHINGTON, United States (AFP)—Workers removed President Donald Trump's name from the facade of the prestigious Kennedy Center in Washington on Satur...
{"jamaica-observer":"Jamaica Observer"}
Ancelotti and Brazil face tough opening test at World Cup
International News, Latest News, World Cup
Ancelotti and Brazil face tough opening test at World Cup
June 13, 2026
LOS ANGELES, United States (AFP)—Five-time winners Brazil roll into the World Cup on Saturday when they play surprise 2022 semi-finalists Morocco in o...
{"jamaica-observer":"Jamaica Observer"}
Qatar earn first ever World Cup point with late goal to draw with Switzerland
International News, Latest News, World Cup
Qatar earn first ever World Cup point with late goal to draw with Switzerland
June 13, 2026
SANTA CLARA, United States (AFP)—Qatar's Boualem Khoukhi stunned Switzerland with a late equaliser as the sides played out a 1-1 draw in their opening...
{"jamaica-observer":"Jamaica Observer"}
Marlon Wright turns life challenges into children’s book on forgiveness
Entertainment, Latest News
Marlon Wright turns life challenges into children’s book on forgiveness
June 13, 2026
KINGSTON, Jamaica—Almost 20 years ago, Marlon A. Wright went through a challenging period that helped define him as a parent. It sparked an awareness ...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

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

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct