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BTCBTC
💲70978.54
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0.88%
ETHETH
💲2181.29
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3.15%
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0%
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1.23%
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💲4722.42
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1.91%

Andrew Holness
Andrew Holness|Mar 31, 2025 13:44
Jamaica today is more resilient than at any time in its history. In the past, economic shocks took decades to recover from: • 17 years to recover from the 1970s oil crisis and failed socialist policies. • 17 years to regain lost GDP after the financial sector crisis of the 1990s. • 30 years to bring debt back to pre-crisis levels. • 11 years to recover from the 2008 global financial crisis. Yet after the worst global shocks in a century— COVID-19, supply chain disruptions, and geopolitical crises, Jamaica rebounded in just 3 years. Unlike other countries, not a single public sector worker was laid off. We have conquered macroeconomic instability and excessive debt, and we are on track to reduce debt to 60% of GDP by 2028. Even in an election year, we have delivered a balanced budget with no new taxes, proving our commitment to stability and progress. Jamaica is stronger, more stable, and ready to grow.
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