Vice Chairman of EGC Says Government Committed to Growth

Photo: Mark Bell Prime Minister, the Most Hon. Andrew Holness (centre) and Vice-Chairman of the Economic Growth Council (EGC), Ambassador Nigel Clarke (right), greet each other at a panel discussion at the EGC’s signing ceremony and Call-to-Action, at the Courtleigh Auditorium in Kingston on November 8. At left is Chairman of the EGC, Michael Lee-Chin.

Story Highlights

  • Vice Chairman of the Economic Growth Council (EGC), Ambassador Nigel Clarke, says the inclusion of aspects of the policy recommendations by the EGC in arrangements with the International Monetary Fund (IMF) is an indication of the Government’s commitment to implementing the proposed strategies for economic growth.
  • He was responding to questions during a panel discussion at the EGC’s signing ceremony and Call-to-Action at the Courtleigh Auditorium, in Kingston, on November 8.

Vice Chairman of the Economic Growth Council (EGC), Ambassador Nigel Clarke, says the inclusion of aspects of the policy recommendations by the EGC in arrangements with the International Monetary Fund (IMF) is an indication of the Government’s commitment to implementing the proposed strategies for economic growth.

“We at the EGC take that as a sign that the Government is serious about implementing the measures,” Mr. Clarke said, noting that the IMF measures come with specified timelines.

He was responding to questions during a panel discussion at the EGC’s signing ceremony and Call-to-Action at the Courtleigh Auditorium, in Kingston, on November 8.

Last month, the Government agreed to a new Standby Agreement with the IMF, with precautionary funding of US$1.7 billion.

Ambassador Clarke, meanwhile, urged the public to participate in the process of ensuring the Government implements aspects of the EGC’s eight growth initiatives which it adopts.

“It is constructed to ensure that the public takes ownership of these initiatives and through their voice and pressure, ensure that these initiatives are implemented,” he explained

The Council will follow up with ministries, departments and agencies on the progress of the implementation and then report to Jamaica on a quarterly basis.

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