Former Contractor General of Jamaica, Greg Christie has expressed concern with what he describes as the deleterious impact of corruption on financial investments.
Taking to social media network Twitter yesterday afternoon, Christie said it was foolhardy for Jamaica to continue to develop economic policies that ignore this impact.
His comments follow Jamaica’s position at number 77 on the Corruption Index of the Forbes Doing Business Report.
Christie says Forbes’ listing of high crime and corruption as being among the lead challenges to growth now faced by the JA economy is not unexpected.
He says while Jamaica has done well in terms of Market Performance and “Red Tape”, there are concerns that growth remains stagnant, murders have increased by 20 per cent and the corruption perception remains high.