Juxtapose the above statement above to the following statment from Jamaica’s Finance Minister
Peter Phillips says 1% growth is a MAJOR Challenge !
http://www.jamaicaobserver.com/news/Phillips-admits-growth-target-challenging_14125317
WASHINGTON, April 28, CMC – The International Monetary Fund (IMF) says the Caribbean and other low-income countries are among the fastest-growing economies in the world, but warn that many remain vulnerable to shocks and spillovers from advanced and emerging markets.
“Low-income countries have worked to develop institutional capacity and build fiscal buffers that they were able to use during the crisis, and now, all the hard work has paid off,” said IMF Deputy Managing Director Min Zhu told an IMF seminar.
http://jamaica-gleaner.com/latest/article.php?id=44457
Given what our Finance Minister has said, it seems Jamaica will not be a beneficiary of this increase growth.
Selected Caribbean countries growth projections.
Haiti 6.5%
Guyana is looking at 5.5% growth this year
Suriname 4.5%
Bahamas 2.7%
Dominica Republic 2.2%
Eastern Caribbean States 1.7%
Trinidad 1.7%
Barbados 0.5%
Jamaica 0.5%
How about Haiti


Filed under: Economics |
Test here is your chance to finally write something related to the post about PSM going to Haiti for lessons.
Maybe you could counter by saying, given the fact that Haiti is growing and could be the fastest growing country in the Caribbean for 2013, PSM paid a visit to see what she could learn to take back to Haiti.
As PM I don’t think she has ever presided over any period, where growth took place.
Poor PNP = Poor Jamaica.