Wed | Aug 15, 2018

Even with regional slowdown, Jamaica could maintain growth - analyst

Published:Wednesday | October 8, 2014 | 1:19 PM

Financial analyst, Ralston Hyman, says even with the slowdown in regional economies, Jamaica should be able to continue its economic growth.

The Jamaican economy expanded by an estimated 1.2 per cent during the April to June quarter, the fourth consecutive quarter of growth.

Hyman says Jamaica’s chronic under-performance gives it room to increase economic growth as reforms are implemented.

Hyman also argues that although Jamaica’s main trading partners are experiencing a slowdown, there are still opportunities for Jamaica to increase exports to drive economic growth.

Jamaica is undertaking wide-ranging economic reforms under its programme with the International Monetary Fund.


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