The constrained fiscal framework under which Jamaica has operated for an extended period of time is bearing fruit. There is a once-in-a-generation alignment of all the key macroeconomic indicators in the right direction, and with such economic gains come opportunities. The downward trajectory of the public debt as a share of GDP — projected to be 96 per cent at the end of FY 2018/19 — and the increased buoyancy of fiscal revenues have opened up fiscal space for government expenditure to be both growth-inducing and socially inclusive.
The Caribbean Atlantic hurricane season starts today, amidst the unprecedented COVID-19 response. At the launch of CaLP’s “Winds of Change” briefing note on the use of CVA in the Caribbean, Ms.
There is global recognition of the promising linkages between social protection and disaster risk management (DRM) in responding to and mitigating shocks, and in contributing to strengthening the humanitarian-development nexus. It is in this context that the World Food Programme (WFP) and Oxford Policy Management (OPM) began a research project in 2016 on shock-responsive social protection in Latin America and the Caribbean (LAC).
Government will be providing temporary grants for laid-off or terminated employees whose taxable income is $1.5 million or less, under an initiative dubbed Supporting Employees with Transfer of Cash (SET Cash). The finance minister said the temporary cash transfers will be made to individuals where it can be verified that they lost their employment since March 10 (the date of the first COVID case in Jamaica).
The Supreme VenturesGroup has announced a $1 million donation towards the Government’s PATH program to specifically feed children in vulnerable inner-city communities in light of the presence of COVID-19 (Coronavirus) in the island.
Nutrition Products Limited will be preparing for children on the Programme of Advancement Through Health and Education (PATH) who will be out of school for the next two weeks.
The ministry of education said that the snacks will comprise baked products, fruit juices, milk and water, and will be distributed to students on PATH at the primary and secondary levels. The ministry said that school principals will be asked to suggest distribution points for the snack packages.