Economy Registers Strongest Single Quarter Growth in 14yrs

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The Jamaican economy has registered its largest growth in a single quarter for the past 14-years.

It grew by 2.3-percent in the quarter which ended in September.

This has resulted in growth projections for the current fiscal year being revised upwards.

Finance Minister Audley Shaw told the House of Representatives this afternoon that he has good news concerning the country’s economy.

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Mr. Shaw says the last time the economy grew by so much in one quarter was 14 years ago in 2002.

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The Finance Minister says the Holness administration’s push to grow the country’s economy is on track. He reported more good news concerning the agricultural sector.

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Shaw says consequently the Planning Institute of Jamaica, the PIOJ, has adjusted upwards its forecast for the economy.

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Abka Fitz-Henley is a multiple award-winning journalist who is currently the Senior Reporter at Nationwide News Network (NNN). His primary areas of focus are Court, Crime and Parliamentary proceedings. Fitz-Henley was recently recognized in the regional celebrity magazine publication Panache as “The Breaking News Boss”. At 21 years of age, following his 1st year in media, Fitz-Henley was recognized with the Young Journalist of the year award from The Press Association of Jamaica and went on to cop one of the country’s highest recognized journalism prizes, the Journalist of the Year Award. He’s also been awarded the prestigious Corporate Jamaica Broilers Fairplay 1st place Award for investigative journalism and is the recipient of the Caribbean Blog Award for coverage of the infamous Kartel murder trial. Fitz-Henley is also the recipient of the PM Youth Award for Excellence. Over the years, he has appeared as a guest on the BBC World Service and BBC London.