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Economic Growth Council launched, Michael Lee-Chin to chair

Published:Wednesday | April 27, 2016 | 4:47 PM
Businessman Michael Lee-Chin.

Prime Minister Andrew Holness today launched the government’s public-private body the Economic Growth Council.

While revealing that the council will be chaired by prominent businessman, Michael Lee-Chin, he said the other members would be disclosed in the coming weeks.

Among other things, the council will advise the government on a framework of proposed initiatives that are expected to yield economic growth.

It will also help the government in securing investment for Jamaica.

Further, the council will liaise with relevant state agencies on implementing these initiatives and monitor the projects.

It is to give quarterly updates to the public.

Speaking at the launching ceremony today, Prime Minister Holness, said setting up of the council forms part of the government’s objective of economic growth and job creation.

Prime Minister Holness, who leads the Ministry of Economic Growth and Job Creation, says the council is a manifestation of the government’s thrust to build a partnership structure which will help to entrench economic growth.

 

Prime Minister Andrew Holness

He notes that legislative changes will have to be made to allow the council to carry out some aspects of its role.