People’s National Party (PNP) President and Opposition Leader, Dr. Peter Phillips, says recent economic data is proof the Andrew Holness administration isn’t managing the affairs of the country well.
In a statement on Sunday, the PNP said figures from the Economic Commission for Latin America and the Caribbean, ECLAC, showed that Foreign Direct Investment is down 17-percent in Jamaica while it’s up 20-percent in the rest of the region.
The PNP says although the Statistical Institute of Jamaica, STATIN, reported 1-point-4 percent growth in the economy in the first quarter of 2018, Jamaica’s economy continues to be sluggish.
Dr. Phillips says the latest figures show the government isn’t securing the level of investment needed to grow the economy.
Dr. Phillips says the figures are additional proof the government is more interested in public relations than sound governance.
Dr. Phillips was speaking at a media conference yesterday at the party’s Old Hope Road headquarters in St. Andrew.