Jamaicans cannot eat fiscal credibility, says Hylton
KINGSTON, Jamaica—Opposition Spokesman on Trade, Industry and Global Logistics, Anthony Hylton, says the Jamaica Labour Party (JLP) Government has become very comfortable celebrating numbers.
“It celebrates fiscal discipline. It celebrates stability. It celebrates the growth of Jamaica’s Net International Reserves. And while those things matter, and while macroeconomic discipline is necessary, the Jamaican people are not living inside spreadsheets,” said Hylton.
He added that, “They are living in communities where food and fuel prices continue to rise, where wages struggle to keep pace with the cost of living, and where opportunities for upward mobility feel increasingly out of reach.”
He made the remarks on Tuesday in the House of Representatives during his contribution to the Sectoral Debate.
The Opposition spokesman said young professionals are beginning to question whether Jamaica still offers them a future worth investing in, and too many families are struggling simply to maintain stability in their daily lives.
“And so the question before this Honourable House is not merely whether the Government can balance accounts. The real question is whether the economy is producing prosperity that people can actually feel in their lives,” said Hylton.
“Jamaicans cannot eat fiscal credibility,” he declared, adding that, “They cannot pay mortgages with macroeconomic statistics. And they cannot build businesses from press releases”.
According to Hylton, the Jamaican people deserve more than mere stability management.
“They deserve a serious national growth strategy capable of producing resilience, opportunity, productivity, and long-term prosperity,” he said.
Hylton told the House that Jamaica possesses the geographic location, the human capital, the English-speaking workforce, and the proximity to some of the largest consumer markets on earth.
“We sit astride one of the busiest shipping corridors in the world. We possess a globally recognised cultural influence. We have entrepreneurial people, strategic assets, and enormous untapped potential. But potential without strategy is merely an unrealised opportunity”.
“That is the central indictment of this Budget (presented in March), and it is the central challenge I place before this Honourable House today,” Hylton said.