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
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • 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
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • International
      • #
    • Business
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup 2022
      • Olympics
      • #
    • 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
      • #
    • Obituaries
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
  • Latest
  • Business
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • All Woman
  • Career & Education
  • Environment
  • Webinars
  • More
    • Football
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
A budget for the people
Dr Nigel Clarke delivered a bag of goodies during his budget presentation on Tuesday, March 12.
Letters
March 14, 2024

A budget for the people

Dear Editor,

It is safe to say that more Jamaicans both locally and in the Diaspora look forward to watching or listening to the budget debate compared to previous years.

The Andrew Holness-led Administration – through his finance ministers Audley Shaw (former) and Dr Nigel Clarke (current) and their technocrats – has raised the level of interest due to the masterful way it has managed the country’s macroeconomics.

Truthfully, in years gone by, many people waited on the media to break the disappointing news of wage freezes and bitter medicine. But now people are more actively engaged because they expect Santa Clarke to bring good tidings – some goodies are definitely in the bag.

Although in linguistics discourse analysis is viewed from different perspectives with various subcategorisations, in my estimation, Dr Clarke delivered a good presentation on Tuesday. His opening tone and statements were on point, reiterating the fundamental challenges being faced by Jamaicans concerning the importance of proper roads, water solution, high cost of living, and the need to feel the effects of the country’s macroeconomic stability in a feasible way. But was there another option, given the close results of the recently held local government elections? Is this budget an indication that the Government is listening to the people?

One of the things Dr Clarke will be remembered and appreciated for is his effort to balance the lives of the people even as he balances the country’s economy. He announced, among other things, a significant increase in the threshold for pensioners – a group often forgotten; 30 per cent increase in allocation to the Programme of Advancement through Health and Education (PATH); 100 per cent increase in customs duty threshold for personal and household items; removal of guarantors to access loans at the Students’ Loan Bureau (SLB); and increase in the taxable income tax threshold from $1.5 to $1.7 million. Numerous allocations were equally announced to support health care, especially upgrading and building hospitals, public transportation, tertiary education, and garbage collection, etc.

Many current and future university students will definitely rejoice that they will no longer need a guarantor to secure a loan. This is a big deal!

The People’s National Party (PNP) has chastised the Government for stealing its SLB idea. However, from as far back as 2009, when Prime Minister Holness was education minister, thought was given to this possibility. Besides, Jamaicans have been asking for an easier way to access this loan since time immemorial. And we have now reached the point at which we just want to see the country and its people move forward, irrespective of whose ideas are being used.

At one point in his speech, Dr Clarke left the audience in an uncertain mode as to whether he would increase the income tax threshold. Eventually, he did, even if it is only by $200,000. Some people were hoping for more, but it is appreciated that the finance minister took the time to educate on the implications and laws surrounding an even greater increase.

The Government now needs to ensure that the various projects get off the ground, which should be accelerated with the new procurement measures to be implemented, even though Opposition spokesman on finance Julian Robinson has called for greater transparency and accountability – the same Robinson who, in January of this year, invited the Government to reduce the cumbersome bureaucratic procedures to achieve infrastructural objectives.

In the same breath, the Government has a duty, primarily through its communications unit, to break down the different components of the budget so that the average Jamaican can understand how he or she will benefit.

Nonetheless, the debates are not over, and we await Robinson’s contribution on Thursday to share the Opposition’s perspectives.

 

Oneil Madden


maddenoniel@yahoo.com

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

ALSO ON JAMAICA OBSERVER

New Tourist Board Act tabled
Latest News, News
New Tourist Board Act tabled
June 17, 2025
KINGSTON, Jamaica—A new Tourist Board Act was tabled in the House of Representatives on Tuesday, a signal that the process to repeal and replace the 7...
{"jamaica-observer":"Jamaica Observer"}
NY mayoral candidate held by immigration cops
International News, Latest News
NY mayoral candidate held by immigration cops
June 17, 2025
New York, United States (AFP)-US immigration police handcuffed a New York mayoral candidate at court on Tuesday after he sought to assist migrants thr...
{"jamaica-observer":"Jamaica Observer"}
WATCH: Ingleside residents disgruntled after NWC digs up newly paved road
Latest News, News
WATCH: Ingleside residents disgruntled after NWC digs up newly paved road
June 17, 2025
MANCHESTER, Jamaica — Residents of the upscale community of Ingleside in Mandeville are demanding that the National Water Commission (NWC) repair a se...
{"jamaica-observer":"Jamaica Observer"}
Forex: $160.01 to one US dollar
Latest News, News
Forex: $160.01 to one US dollar
June 17, 2025
KINGSTON, Jamaica — The US dollar on Tuesday, June 17, ended trading at $160.01, up by 0.1 cents, according to the Bank of Jamaica’s daily exchange tr...
{"jamaica-observer":"Jamaica Observer"}
Tyler Perry being sued for US$260 million by Derek Dixon
International News, Latest News
Tyler Perry being sued for US$260 million by Derek Dixon
June 17, 2025
CALIFORNIA, United States—Renowned American actor and filmmaker Tyler Perry is reportedly being sued by actor Derek Dixon, who starred in Tyler Perry'...
{"jamaica-observer":"Jamaica Observer"}
Reggae singer Leroy Gibbons has died
Entertainment, Latest News
Reggae singer Leroy Gibbons has died
June 17, 2025
KINGSTON, Jamaica—Reggae singer Leroy Gibbons has died. There have been reports that the singer collapsed at a studio in Hanover on Tuesday morning. G...
{"jamaica-observer":"Jamaica Observer"}
Freddie McGregor and Friends show in Florida to mark reggae icon’s birthday
Entertainment, Latest News
Freddie McGregor and Friends show in Florida to mark reggae icon’s birthday
June 17, 2025
On June 27, Freddie McGregor turns 69 years-old. Two days later, the veteran singer celebrates that milestone with Freddie McGregor and Friends, a sho...
{"jamaica-observer":"Jamaica Observer"}
UK MPs eye decriminalising abortion for women in all cases
International News, Latest News
UK MPs eye decriminalising abortion for women in all cases
June 17, 2025
LONDON, United Kingdom (AFP) -- UK MPs are expected to vote Tuesday on an overhaul of abortion laws in England and Wales which would end contentious p...
{"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