KINGSTON, Jamaica—The Private Sector Organisation of Jamaica (PSOJ) is welcoming elements of both the Jamaica Labour Party (JLP) and People’s National Party (PNP) manifestos noting that, if executed well, it would strengthen Jamaica’s investment climate and competitiveness.

“From the Jamaica Labour Party (JLP), we note the continued emphasis on macro-stability alongside concrete business-facilitation measures—digital one-stop permitting, QR-coded approvals, and moves to modernise land titling—which can meaningfully reduce red tape and improve the ease of doing business,” PSOJ said in a media release Monday evening.

In relation to the PNP’s manifesto, the PSOJ said: “We welcome the focus on industrial transformation and innovation (the “Jamaica 4.0” agenda), including Tech Innovation Zones, MSME formalisation and financing tools, and an Innovation Fund—measures that could expand productive capacity and support higher-value jobs if paired with strong execution and public-private collaboration.”

However, the private sector group emphasised that income-tax relief was advanced on the campaign trail by both parties and requires careful, transparent analysis before adoption.

“The PNP has proposed raising the personal income-tax threshold to J$3.5 million from J$1.7 million, indicating it would be funded from “organic revenue growth” and without new taxes; we request full modelling of expected revenues, growth assumptions, and timing. The JLP, for its part, is campaigning on a phased move to a 15 per cent personal income tax base rate, down from the current rate of 25 per cent. The ruling JLP Government previously announced in March 2025 during the budget presentation that it would implement a phased increase of the threshold to J$2.0 million by FY2027—policy choices that also warrant updated fiscal impact and distribution analysis,” it said.

To preserve Jamaica’s hard-won macro-stability, the PSOJ is calling on both parties to publish detailed implementation plans covering:

● five-year revenue impacts and financing/offset measures;
● sequencing and start dates;
● debt and primary-balance implications;
● distributional effects across income bands, and
● contingency triggers if growth underperforms.