The Government Electrical Regulator (GER) is looking to improve Jamaica’s global competitiveness index ranking within a year.
Acting Chief Electrical Regulator of the GER, Seymour Walters, said the regulatory body, which began full operation in November 2021, has already started working towards this aim.
He referenced the GER’s digital system as a major player in the efforts towards this thrust.
The portal connects customers to 667 registered electricians and 181 licensed electrical inspectors across the island and makes accessing electricity easier.
“To move up [in the ranking] we have to get on board [with higher rated countries]. A part of that is to go digital. By implementing this system, it is much more efficient, and transparent for [new and existing customers to get electricity] and in doing so it will contribute to improving Jamaica’s ranking,” he said at a recent Jamaica Information Service Think Tank, held in Kingston.
The World Economic Forum assesses, ranks, and reports on the competitiveness landscape of countries annually to encourage policymakers to focus on long term growth.
It considers competitiveness as the group of institutions, policies, and factors that determine the level of productivity of a country.
The global competitiveness index is captured in 12 pillars: institutions, infrastructure, macroeconomic environment, health and primary education, higher education and training, goods market efficiency, labour market efficiency, financial market development, technological readiness, market size, business sophistication, and innovation.
The GER is a Department of the Ministry of Science, Energy and Technology and replaces the Board of Examiners.