Tue | Aug 3, 2021

Jamaica achieves 36 per cent of targets under Vision 2030

Published:Saturday | February 27, 2021 | 5:06 PMJamaica Information Service

Jamaica has achieved or exceeded 36 per cent of its targets under Vision 2030 Jamaica, the Jamaica Information Service reports.

In addition, 26.7 per cent of the indicators showed some improvement over the baseline year towards meeting the targets; while there was no growth or decline for 33.3 per cent of the indicators. Four per cent could not be compared, due to lack of agreed targets for the relevant period.

The country's progress under the plan was disclosed during the Planning Institute of Jamaica's quarterly press briefing, earlier this week. 

Vision 2030 Jamaica seeks to position Jamaica as a developed country by the Year 2030. 

PIOJ's director-general, Dr Wayne Henry, in reporting on 11 years of the plan’s implementation up to 2019/20, said that gains have been made across all four goals.

The goals are focused on ensuring that: 

  1. Jamaicans are empowered to achieve their fullest potential.
  2. The Jamaican society is secure, cohesive and just.
  3. Jamaica’s economy is prosperous.
  4. Jamaica has a healthy natural environment.

Henry said among the areas where advances have been made are human capital development; macroeconomic stability; reduction in unemployment; and increased use of non-fossil fuel-based energy, such as alternatives and renewables. Governance, particularly in government effectiveness; economic growth in some industry structures, particularly tourism, manufacturing, and finance and insurance services, as well as infrastructure development and housing quality, have also progressed under the 2030 plan.

He noted that over the period “there have been areas of challenges, owing to insufficient progress and/or development losses."

These include low levels of economic growth; an increase in the rate of chronic non-communicable diseases; a fall in environmental sustainability; and inadequate levels of competitiveness and earnings in key economic sectors.

Henry said although Jamaica’s score on the Ease of Doing Business Index has improved, there is need to advance the country’s ranking in this area.

Additionally, he noted that while Jamaica maintained its position in the second-tier High Human Development category of the Human Development Index (HDI), recorded gradual increases over the period of the plan’s implementation, and maintained a score of 0.734 for 2017-2019, the country lost an average of two points in its ranking for the period 2014-2019.

“A summary of the progress across the 75 indicators, shows that approximately 62.7 per cent have shown improvement over the baseline year 2007, based on data up to December 2019, while approximately 33.3 per cent showed no improvement or worsened, relative to the baseline year,” Henry said.

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