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Mike Henry hopes for 'good news' from finance minister come 2014

Published: Friday December 27, 2013 | 10:49 am Comments 0
Mike Henry – File
Mike Henry – File

Opposition Parliamentarian Mike Henry, is expressing concern about how Jamaicans will fare next year in light of the current economic condition.

Henry, who is the MP for central Clarendon, says he is particularly concerned about the first quarter of next year, especially given the spending constraints of the Government under the current deal with the International Monetary Fund (IMF).

Commenting on the fact that the Parliament has passed 40 pieces of legislation this year, Henry said while legislations are important, Jamaicans are facing real hardships.

Speaking in parliament on Tuesday, Henry said he had hoped the finance minister would have had good news following his trip to China recently.

Finance Minister Dr Peter Phillips and a high-level team visited China earlier this month where they were expected to hold talks with Chinese government officials and representatives of some of China’s major private financial institutions and firms involved in overseas investments.

The finance ministry had said the objective of the visit is to further deepen the trade, financial and investment relationship between Jamaica and China.

It also said the meetings would be used to discuss ways in which China may assist in Jamaica’s efforts to address its debt service challenges.

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