Categories: Major Stories

PM Holness Aims for 3-4% Economic Growth Over Next 5 Years with Increased Productivity

Prime Minister Andrew Holness says the economy will grow at a rate of 3% to 4% over the next 5 years If the Government of Jamaica is able to secure a level of productivity to the point where it is able to spend the full Capital Budget and implement the projects as scheduled.

He made this comment during his contribution to the National Budget Debate 2024/2025.

Prime Minister Andrew Holness says 23 Post Offices across Jamaica will be renovated and used as NIDS enrollment sites. The renovated Post Offices will double as Digital Service Points which will become dedicated areas for people to receive help and have access to digital services free of charge.

During his presentation, Prime Minister Andrew Holness stated the number of active gangs in Jamaica decreased by approximately 36% in 2023, to an estimated 176 active gangs, down from an estimated 276 known gangs in 2018.

The Government has announced plans to upgrade a number of beaches across the island for public access. The existing Fantasy Beach Park in Priory St Ann will be developed into a Parish Beach Park, similar to Harmony Beach Park in Montego Bay. upgrading work will be done on another nine (9) free community beaches this year. Beyond 2024/25, GOJ will upgrade the Boston Beach Park in Portland and a major beach park in Negril.

This story will be updated subsequent to our newscast

Recent Posts

CVM to Be Exclusive Free-to – Air Broadcasters of JPL

CVM TV will be the official free-to-air broadcaster of the Jamaica Premier League (JPL) for…

3 days ago

Man Charged in Danielle Anglin’s abduction and murder Dead

Lascelles Morgan, the accused charged with the abduction and murder of Danelle Anglin, is dead.…

3 days ago

95 shops destroyed in arcade fire

A fire has ravaged the northern section of the Pearnel Charles Arcade in downtown Kingston,…

4 days ago

Committee of Management for Rita Humphries Lewin Withdraws Allegations of Wrongdoing Against Cornerstone

The Committee of Management for Rita Humphries Lewin has officially withdrawn allegations of wrongdoing against…

2 weeks ago

Unidentified Body Found on Lyndhurst Crescent; Police Launch Investigation

St. Andrew, Jamaica – An unidentified body was discovered early this morning on Lyndhurst Crescent,…

2 weeks ago

Holness’ IC Challenge to Be Heard in Supreme Court

The first hearing in Prime Minister Andrew Holness' legal challenge against the Integrity Commission, IC,…

2 weeks ago