A leading private sector entity says it’s moving to pump 30-million dollars in an initiative which is intended to help the Jamaican economy recover.

The initiative includes assisting over 2-thousand-3-hundred restaurants and cook shops to rebound from the impact of the Covid-19 crisis.

The CB Group announced the initiative in a statement to the media today. 

The initiative is being dubbed Recover Together.

CB Group’s Chief Operating Officer, Matthew Lyn, says it’s important that the private sector plays its part in assisting the Jamaican economy to recover from Covid-19.

Mr. Lyn says the 30-million dollar initiative will also be aimed at helping to re-employ thousands of direct and indirect employees who lost their jobs due to Covid-19. 

He says the Recover Together package will include flexible credit terms and product discounts of 10 to 20-percent.

Matthew Lyn, Chief Operating Officer at the CB Group speaking with Nationwide News.