The Inter-American Development Bank, IDB, Country Economist for Jamaica Henry Mooney says the country’s macroeconomic indicators are the best they’ve been for the private sector in the last two decades.

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Mr. Mooney says the expected further reduction of Jamaica’s debt is another opportunity for the private sector.

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Mr. Mooney also says the government is saving more than it is spending.

The country representative said while this provides a fiscal surplus, there is a problem.

He says this constrains the government’s ability to be the primary investor in infrastructure, and as such this is an opportunity for the private sector to fill the void.

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Henry Mooney was addressing a Business Process Industry Association of Jamaica and Contact Centre Business Incubator President’s Forum held at Usain Bolt’s Track and Records in St James on Thursday.