06-19-2019, 09:49 PM
"But the fruits of the recovery are still slow in trickling down to many Jamaicans, and many people have doubts. So the Bank of Jamaica decided to use of reggae to spread the government’s message that the country is experiencing an economic turnaround."
Just over seven years ago, the government’s debt was close to 150% of the country’s GDP, unemployment was over 15%, and economic growth was just under 1% annually. Now, the debt-to-GDP ratio is set to fall below 100% in this year’s budget, more people are employed than at any time in the country’s history, with unemployment at 8%, and there have been 18 consecutive quarters of growth.
“In the context of Jamaica’s history, superlatives are appropriate,” Clarke said. “It is, in my view, a remarkable achievement of the Jamaican people.”
https://www.billboard.com/articles/news/international/8516753/jamaica-central-bank-reggae-songs-to-sell-economic-recovery
Just over seven years ago, the government’s debt was close to 150% of the country’s GDP, unemployment was over 15%, and economic growth was just under 1% annually. Now, the debt-to-GDP ratio is set to fall below 100% in this year’s budget, more people are employed than at any time in the country’s history, with unemployment at 8%, and there have been 18 consecutive quarters of growth.
“In the context of Jamaica’s history, superlatives are appropriate,” Clarke said. “It is, in my view, a remarkable achievement of the Jamaican people.”
https://www.billboard.com/articles/news/international/8516753/jamaica-central-bank-reggae-songs-to-sell-economic-recovery
