EGC Council: Jamaica’s Sluggish Growth Stems From Lack of Accountability For Gov Officials

The Economic Growth Council (EGC) is blaming the lack of accountability of senior government officials for the sluggish performance in the economy.

The council argued that structural reform is needed in order for to achieve its growth plan for 5% growth in four years.

On April 27, 2016, when Prime Minister Andrew Holness announced the creation of the EGC, Chairman Michael Lee-Chin said then that the council would work at achieving five per cent growth over the next four years.

However, at the 9th Quarterly Report to the Nation, the EGC announced that Jamaica did not hit target.

While Executive Director, Senator Aubyn Hill, extolled the virtues of the country’s heightened economic growth, given the current trajectory, Lee Chin, was less complimentary. Lee chin called out government officials, for what he termed inefficiency and unnecessary bureaucracy. The Chairman certainly did not mince words, in calling for greater accountability. 

 

Recent Posts

PM Announces Launch of Community Consultation on Government’s SPARK Programme

Prime Minister Andrew Holness has revealed plans to include a consultative approach, involving community input,…

23 hours ago

Jamaica to Establish First Gastronomy Academy at Montego Bay Convention Centre

During the opening of the 2024/25 Sectoral Debate in the House of Representatives, Minister of…

1 day ago

Three Jamaicans named in West Indies T20 World Cup Squad

West Indies T20 World Cup Squad: Rovman Powell (c)Alzarri Joseph (vc)Johnson CharlesRoston ChaseShimron HetmyerJason HolderShai…

1 day ago

Horse Racing Industry Leaders Reach Consensus After Discussion with Finance Minister

Fifty key figures from various sectors within the horse racing industry, including jockeys, trainers, owners,…

1 day ago

EPOC Chairman Attributes GOJ Revenue Shortfall to Dip in Corporate Income Tax Collections

Keith Duncan, Chairman of the Economic Programme Oversight Committee (EPOC), revealed that the GOJ revenue…

2 days ago

Judge Ponders Bail Appeal for Murder Accused Jolyan Silvera

The People's National Party, PNP, politician, and land developer, who is a suspect in his…

2 days ago