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
      • 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
      • 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
      • 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
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International 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
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Classifieds
  • Design Week
#BudgetDebate2025: Golding hits back at ‘run with it’ talk, accuses JLP of ‘emptying the cupboard’
Opposition Leader Mark Golding speaking on the constitutional reform issue in Parliament on. (Photo: Llewellyn Wynter)
Latest News, News
March 18, 2025

#BudgetDebate2025: Golding hits back at ‘run with it’ talk, accuses JLP of ‘emptying the cupboard’

Opposition Leader Mark Golding has sought to explain the context in which former Finance Minister Dr Omar Davies used the term “run with it” which the Jamaica Labour Party (JLP) has constantly used to accuse the People’s National Party (PNP) of being reckless with the country’s resources.

In seeking to clear the air, Golding has also accused the JLP of hypocrisy.

“The JLP government loves to refer to ‘running with it,’” said Golding during his contribution to the 2025/26 Budget Debate at Gordon House.

As to why the comment was made? Golding said Davies was referring to the continuation of the construction of the East/West Highway from Mandela Highway in St Catherine to May Pen, Clarendon which the JLP had opposed.

“So opposed to it were they that they disciplined the [then] Mayor of Spanish Town, Dr Raymoth Notice, for attending the opening of that leg of the highway. But now they have extended the same highway to Williamsfield [in Manchester]. And that same highway is now being sold on the market to raise money for this coming fiscal year’s budget,” Golding outlined.

“Oh what a tangled web they weave, when they practice to deceive,” he remarked.

He went on to point out that the budget for the 2024/25 fiscal year was funded by over $70 billion of non-tax revenue from the sale of 12 years’ of future income.

“That meant taking what was to be earned over 12 years of Jamaica’s future revenues from the Norman Manley International Airport, and selling it off to spend now,” he said.

He cited that the money was used to finance various current expenses – “a one-time so-called reverse income tax credit, one year of other tax relief that is going to be an ongoing annual cost to the budget, and some other expenditures”.

“None of these will have a lasting beneficial impact on the future of this country. Recurrent expenditures ought properly to be funded from revenues generated in the year in which those expenditures are incurred. Not by selling off future income and leaving the cupboard empty for years to come. Not one school, one hospital or one water reservoir, or any other lasting national asset, has been built with those funds. Nothing that will deliver solid benefits to the country throughout those 12 years,” he added.

“And when you add that to the $9 billion expected from the sale of the government’s remaining shares in Transjamaican Highway, it looks, sounds and smells like ‘running with it’ to me,” Golding said.

Tags:

Budget Debate Dr Omar Davies Mark Golding
{"jamaica-observer":"Jamaica Observer"}
img img
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

Jamaican former correctional officer mowed down by moped in New York
Latest News, News
Jamaican former correctional officer mowed down by moped in New York
BY HAROLD G BAILEY Observer writer 
December 10, 2025
NEW YORK, United States— A former correctional officer of the Department of Correctional Services, Trevor Lloyd Samuels, 68, was reportedly killed in ...
{"jamaica-observer":"Jamaica Observer"}
Man fined $2,000 for possession of offensive weapon
Latest News, News
Man fined $2,000 for possession of offensive weapon
December 10, 2025
KINGSTON, Jamaica — A man was fined $2,000 for possession of an offensive weapon after pleading guilty in the Kingston and St Andrew Parish Court on T...
{"jamaica-observer":"Jamaica Observer"}
Cabbie stabs passenger in fare dispute, ordered to pay $200k in medical expenses
Latest News, News
Cabbie stabs passenger in fare dispute, ordered to pay $200k in medical expenses
December 10, 2025
KINGSTON, Jamaica — A taxi driver who admitted to stabbing a passenger with a screwdriver, in a dispute over the fare, was ordered to compensate the v...
{"jamaica-observer":"Jamaica Observer"}
On Human Rights Day, JFJ flags ‘stark’ increase in security force killings
Latest News, News
On Human Rights Day, JFJ flags ‘stark’ increase in security force killings
December 10, 2025
KINGSTON, Jamaica—Executive Director of Jamaicans for Justice (JFJ), Mickel Jackson says while the country has seen a "historic" decline in murders th...
{"jamaica-observer":"Jamaica Observer"}
Nearly 200 children conceived from sperm donor with increased cancer risk—reports
International News, Latest News
Nearly 200 children conceived from sperm donor with increased cancer risk—reports
December 10, 2025
COPENHAGEN, Denmark—A sperm donor, who is an asymptomatic carrier of a genetic mutation increasing the risk of cancer, was used to conceive nearly 200...
{"jamaica-observer":"Jamaica Observer"}
New Zealand lose Tickner as West Indies all out for 205
International News, Latest News
New Zealand lose Tickner as West Indies all out for 205
December 10, 2025
WELLINGTON, New Zealand (AFP)—New Zealand fought back to claim first-day honours in the second Test against the West Indies in Wellington, but the hom...
{"jamaica-observer":"Jamaica Observer"}
Jamaican pilot ‘flying high’ after winning US$2m Mr Beast challenge
Latest News, News
Jamaican pilot ‘flying high’ after winning US$2m Mr Beast challenge
Dana Malcolm | Observer Online Reporter | Malcolmd@jamaicaobserver.com 
December 9, 2025
For Jamaican-born pilot Jabari Brown, having copped a US$2 million jet after beating 99 other pilots in a dramatic YouTube challenge hosted by popular...
{"jamaica-observer":"Jamaica Observer"}
NHT extends Hurricane Melissa relief to mortgagers in lesser-affected parishes
Latest News, News
NHT extends Hurricane Melissa relief to mortgagers in lesser-affected parishes
December 9, 2025
KINGSTON, Jamaica —The National Housing Trust (NHT) is assuring mortgagors in the lesser‑affected parishes that they, too, will benefit from the entit...
{"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