Mon | Jun 14, 2021

BALANCING THE BOOKS - Phillips' Budget a three-card trick

Published:Saturday | May 26, 2012 | 12:00 AM
Finance Minister Peter Phillips moments before delivering his Budget presentation on Thursday. - Norman Grindley/Chief Photographer


The 2012-2013 Budget that was presented in the House of Representatives by Finance Minister Dr Peter Phillips is a three-card trick. This Budget will not take the country anywhere.

It does not have the capability of bringing the country forward and rescuing our economy from the tumultuous tide that has hit businesses and consumers.

Dr Phillips warned public-sector workers not to seek to "raid the cupboard" when it is empty. My suggestion to the minister is very simple: If the country is not producing, the cupboard will always be empty and we will be left deeper in problems.

Focus on Production

One way we can repair our tattered economy is to fix the agriculture sector. We must put idle lands into production in a bid to improve our GDP, and the country will be well on its way to recovery.

As a concerned citizen of this island called Jamaica, and a member of the Anglican Church, I wonder if Minister Phillips realises that this Budget will not only have a negative impact on the poor, but all the people in the country, including the rich.

He has given the people goodies with his left hand and has taken it back with the right hand. This is something all the analysts should be looking at.

This Budget needs a lot more fine-tuning to induce economic growth. May God bless and keep Jamaica, land we love!


St Catherine