Remittances Helped Cushion Impact of COVID-19
Jamaicans across the diaspora are being lauded for their invaluable contribution in helping the local economy stay afloat through remittances during the COVID-19 pandemic. Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, said that remittances jumped approximately US$500 million to US$2.9 billion in 2020, which helped to cushion the loss of US$2.5 billion in foreign exchange...






