At least two Financial Analysts are urging the government to push for increased economic growth in an attempt to address the financial hardships being faced by Jamaicans.
Their comments follow another call by Opposition Leader, Mark Golding, for the government to reduce the pace on debt payments and redirect some of the funds to help struggling Jamaicans hit hard by inflationary pressures.
Mr. Golding, who was speaking at a political rally recently, again urged the government to spend an additional 40-billion dollars to support struggling Jamaicans.
Robian Williams reports.
Financial Journalist & CEO of Kalilah Reynolds Media, Kalilah Reynolds says the government should focus on business acceleration because that’s a primary avenue through which it can earn more revenue.
Mrs. Reynolds further noted that the Holness administration should push more exports and rebuilding tourism that will earn the country more foreign currency.
Chartered Accountant & Financial Commentator, Dennis Chung agrees.
He says the government should focus on the avenues through which growth can be expanded.
They were speaking on Nationwide This Morning.
Robian Williams for Nationwide News.