August 6, 2019
57 years of independence.
Prime Minister Andrew Holness led the charge of recognizing and celebrating this significant milestone.
In his address to the nation, Mr. Holness listed achievements including the lowest unemployment rate in Jamaica’s history at 7.8%, the annual inflation rate is low and stable at 4.2% and the consumer price index is trending downwards.
Jamaica’s credit ratings are positive, and the foreign exchange reserves are at historically high levels
The Prime Minister also spoke to record breaking tourist arrivals for the last two years, saying the country has exceeded 4.3 million visitors with an 8.6 percent increase in earnings for the industry.
Along with these positives, Mr. Holness also issued a stark warning, saying “there are areas of grave concern, none more so than corruption.”
The PM says the government has acted to combat corruption pointing to the removal of the accused from the institutions they were connected to a well as the completion of the legislative process to give the the Major Organised Crime and Anti-Corruption Agency.
Joel Crosskill has been working as a broadcast journalist for over a decade. He is responsible for keeping you up to date with News Live in 5 every day. He’s also responsible for the news magazine show One On One with Joel Crosskill.