With the economy showing ongoing signs of improvement, Senator Aubyn Hill, who holds the portfolio for Investment and Commerce, underscores the pivotal role of boosting exports to enhance the economy on a global scale. Senator Hill also observes that this strategy holds the potential to diminish the country’s considerable import expenditures. These insights were shared during his participation as a guest on the CVM’s Panel Discussion held on Monday.
Meanwhile, Hill advocates that positive indicators heralding a turnaround for the country warrant a focus on prioritizing exports to further elevate the nation’s prosperity. Addressing the persistent concern of curbing the country’s import costs, Senator Hill underscores the government’s effective and prevailing strategies that are yielding favorable outcomes. According to the Statistical Institute of Jamaica (STATIN), the country’s unemployment rate reached a historic low of 4.5 percent in April 2023.
Furthermore, Senator Hill points out that the government is poised to provide supplementary training to encourage a greater influx of men into the workforce, underscoring the commitment to fortify economic growth. Watch the report:
