JIS News

The Cabinet heard an overview of Jamaica’s macro-economic situation, when it opened its three-day retreat leading up to the formulation of the 2009/2010 budget, at Jamaica House, Friday(Feb 20).
Director of the Planning Institute of Jamaica(PIOJ), Dr. Wesley Hughes, gave the overview which looked at the internal and external environment, as well as an analysis of sectoral performances.
The Ministry of Foreign Affairs and Foreign Trade also made a presentation on emerging shifts in the global balance of power and strategic alliances.
This was followed by discussions on the issues, involving all members of the Cabinet, except Minister without Portfolio in the Ministry of Finance and the Public Service, Senator Don Wehby, who has influenza, and all Permanent Secretaries.
Minister of Information, Culture, Youth and Sports, Olivia Grange, says that the retreat resumes next Saturday(feb 28), when the Cabinet will hear from Dr. Richard Bernal on the shape and future of the global economic and financial infrastructure, following which the ministries will make presentations on their priorities.
On Sunday, March 1, the retreat will review the Jamaica Labour Party’s(JLP) manifesto, as it relates to achievements, and look at the 2009/2010 fiscal programme.
The Cabinet also met in strategic planning sessions in January, the outcome of which has informed the current deliberations which are expected to guide economic and fiscal policy over the ensuing financial year.

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