Yes, the economy is important, and the Holness administration is patting itself on the back, understandably, at the latest report from the International Monetary Fund (IMF) – which points out that Jamaica has struck “the right balance” in responding to challenges and what they call external shocks. Attention must be paid to climate change vulnerabilities and developing a much-talked about “green economy,” the IMF suggests, and strengthening education, crime-fighting etc. So far, so good.
Local commentators are pointing to the need for labour market reform, a decent public transportation system – and what of public sector wages? Teachers are particularly restive at the moment, as public sector wage talks have not yet been nicely wrapped up by our Minister of Finance, Dr. Nigel Clarke. Educators voted almost unanimouslyto reject the Ministry’s latest wage offer. During the Budget presentation this week, Minister Clarke stated there was no more money in…
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