As the nation’s economy continues to rebound from the impact of COVID-19, economic growth continues to be consistent. According to the latest quarterly report by the Planning Institute of Jamaica (PIOJ), the economy has grown by 5.7 percent in the last quarter, following the first quarter by 6 percent. According to PIOJ’s Director General Dr. Wayne Henry, the growth was amplified by the easing of COVID-19 restrictions by the government. He outlined the areas that saw improvements in the last quarter. The mining and quarrying sector saw a 60.6 percent decline due to a reduction in alumina production, which outweighed a decrease in crude bauxite production. Dr. Henry notes the fire in August 2021 was also a contributing factor. He adds the construction sector also saw some declines. Meanwhile, the electricity and water supply industry saw an increase. Watch the full report:
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