The Bank of Jamaica, BOJ, says all macro economic indicators are trending towards the country achieving positive economic growth this year.
The BOJ gave an update today on the period January to March this year.
BOJ Governor Bryan Wynter struck an upbeat tone when he delivered his quarterly report this afternoon at the central bank’s head office in Downtown Kingston.
Mr. Wynter gave the Central Bank’s forecast on how much the economy is expected to grow this year.
Mr. Wynter says a fall in oil prices and disciplined work by the administration have contributed to the positive gains.
According to the Governor – key economic indicators are encouraging.
Mr. Wynter says despite expected increases in oil prices and the recent tax package Jamaica is still on track to grow in a positive way.