Jamaican Economy To Grow By 0.5% To 1.5% Between July & September – PIOJ

The Jamaican economy is expected to record growth ranging between 0.5 and 1.5 per cent over the July to September quarter.

Mr. Colin Bullock, Director General of the Planning Institute of Jamaica (PIOJ), addressing the institute’s quarterly media briefing on Tuesday, August 27 said the growth should be spurred by a number of factors, including the continued roll-out of several capital projects approved in the 2013/14 budget.

He said that the gradual restoration of investor confidence, contingent on Jamaica passing of the first quarterly International Monetary Fund (IMF) performance review, and continued global economic recovery, will also drive economic activity.