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Jamaica generated US$325.4 million in export earnings for the first two months of the year. The sum represents a 54.6 per cent increase on the US$210.4 million earned for January and February 2022. The Statistical Institute of Jamaica (STATIN), in a statement on Monday (June 26), indicated that the growth was primarily due to a 133.1 per cent increase in the export of ‘Crude Materials’ (excluding Fuels). Domestic exports increased by 35 per cent to US$240.6 million, compared to US$178.2 million in 2022, the Institute said. This out-turn was primarily spurred by higher earnings from the Manufacture and Mining and Quarrying industries. Domestic exports accounted for 74 per cent of Jamaica’s total outflows. Re-exports in January and February 2023 were valued US$84.7 million, up from US$32.2 million recorded in the corresponding period in 2022. The top-five destinations for Jamaica’s exports were the United States of America (USA), Puerto Rico, the Russian Federation, Latvia and the United Kingdom (UK). STATIN indicated that outflows to these countries increased by 75.3 per cent to US$256.1 million. Meanwhile, Jamaica’s expenditure for January and February 2023 increased by 12.9 per cent to US$1.19 billion. This increase was largely attributable to higher imports of ‘Raw Materials/Intermediate Goods’, ‘Fuels and Lubricants’ and ‘Consumer Goods’, which rose by 3.2 per cent, 20.3 per cent and 13.3 per cent, respectively. The five main countries accounting for Jamaica’s imports for the review period were the USA, China, Japan, Colombia and Turkey. (more) US$325.4 million in export…2 Expenditure on inflows from these countries totalled US$773.6 million, a 16.5 per cent increase relative to the corresponding period in 2022. STATIN said the growth was largely due to higher fuel imports from the USA.
Jamaica generated US$325.4 million in export earnings for the first two months of the year. The sum represents a 54.6 per cent increase on the US$210.4 million earned for January and February 2022. The Statistical Institute of Jamaica (STATIN), in a statement on Monday (June 26), indicated that the growth was primarily due to a 133.1 per cent increase in the export of ‘Crude Materials’ (excluding Fuels). Domestic exports increased by 35 per cent to US$240.6 million, compared to US$178.2 million in 2022, the Institute said. This out-turn was primarily spurred by higher earnings from the Manufacture and Mining and Quarrying industries. Domestic exports accounted for 74 per cent of Jamaica’s total outflows. Re-exports in January and February 2023 were valued US$84.7 million, up from US$32.2 million recorded in the corresponding period in 2022. The top-five destinations for Jamaica’s exports were the United States of America (USA), Puerto Rico, the Russian Federation, Latvia and the United Kingdom (UK). STATIN indicated that outflows to these countries increased by 75.3 per cent to US$256.1 million. Meanwhile, Jamaica’s expenditure for January and February 2023 increased by 12.9 per cent to US$1.19 billion. This increase was largely attributable to higher imports of ‘Raw Materials/Intermediate Goods’, ‘Fuels and Lubricants’ and ‘Consumer Goods’, which rose by 3.2 per cent, 20.3 per cent and 13.3 per cent, respectively. The five main countries accounting for Jamaica’s imports for the review period were the USA, China, Japan, Colombia and Turkey. (more) US$325.4 million in export…2 Expenditure on inflows from these countries totalled US$773.6 million, a 16.5 per cent increase relative to the corresponding period in 2022. STATIN said the growth was largely due to higher fuel imports from the USA.

PHOTO: Nissan Exclusive Technology e-Power for the Caribbean Launch

Jamaica generated US$325.4 million in export earnings for the first two months of the year. The sum represents a 54.6 per cent increase on the US$210.4 million earned for January...
Regional Director, Region 7, Ministry of Education and Youth, Barrington Richardson (left) and Senior Operations Manager, Digicel Foundation, Jodi-Ann McFarlane, sign a Memorandum of Understanding (MOU), for the establishment of a Smart Room at the Mineral Heights Primary School in Clarendon, during a ceremony held at the school today (June 26). Looking on (from left, standing) are Board Chairman, Mineral Heights Primary School, Colin Coke; Principal, Mineral Heights Primary School, Lansford Howell; and Construction Project Manager, Digicel Foundation, Carnel Campbell. The signing ceremony demonstrated the commitment of the Foundation and the Ministry of Education and Youth to provide an advanced learning environment that promotes digital skills and prepares students for the challenges of the future. The Smart Room, which forms part of Digicel Foundation’s STEAM initiative, is aimed at helping to bridge the digital divide. The room will be equipped with 12 laptops and 12 tablets with headset connections, a smart screen, and a commercial printer.

PHOTOS: Digicel Foundation And Education Ministry Sign Smart Room MOU

Minister of Science, Energy, Telecommunications and Transport, Hon. Daryl Vaz (second right), presents a certificate and tablet to Lacovia High School student, Kwan Bailey, for his honourable achievement in the Universal Service Fund’s (USF) 2022 Essay Competition. Also sharing in the presentation (from left) are USF Chief Executive Officer, Daniel Dawes and Flow’s Director of Corporate Communications and Stakeholder Management, Kayon Mitchell. The occasion was a Project Funding Agreement signing ceremony to provide digital literacy and skills training to over 1,500 PATH households, at the Petroleum Corporation of Jamaica (PCJ) Auditorium in Kingston, on Friday (June 23). The USF and Flow have partnered to undertake the engagement.

Over 1,500 PATH Households to Benefit from Digital Literacy and Skills Training Project

By: Judana Murphy, June 25, 2023

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