Jamaicans can expect the continued staggered growth of the economy for a while after the Planning Institute of Jamaica (PIOJ) predicted that the country’s GDP grew by 0-point 1 percent from October to December 2019.
They are blaming the closure of the JISCO/ALPART plant in St. Elizabeth as the main reason. The plant is not expected to be operational until at least another year. But with one of the country’s main GDP drivers crippled and the second, tourism, cruising at the hands of the deadly Coronavirus, how will the economy survive?
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