Remittances Remain Steady


Remittances to Jamaica have remained steady, according to Jamaica National’s Sales and Marketing Manager for North America, Charles Spence.
Speaking at a meeting of the Jamaica National Spotlight Series, in Fort Lauderdale, on November 21, Mr. Spence said that the company has not yet experienced any downward trend in the flow of remittances to the island, since the United States (US) economic meltdown.
As the company continues to monitor the trends, through Jamaica National Overseas, Mr. Spence indicated that Jamaicans are always responding to their personal obligations as well as other commitments. He added that regardless of the circumstances, remittances would continue to flow into the island.
According to data, the overall flow of remittances into the country last year totalled some US$1.9 billion, indicating the steady growth yearly.
Marketing Consultant of GraceKennedy Remittance Services/Western Union, Hazel Maragh, and Caribbean Regional Manager for MoneyGram, Steve Higgins, told JIS News that remittances also remain steady at their respective companies, despite the meltdown.
Describing Jamaicans as industrious and innovative, with strong links to their homeland, Jamaica National’s Regional Manager, Carmen Bartlett, told the large turnout of nationals that they represent a resource base that has always been contributing to their homeland.
A series of interactive meetings are part of the Jamaica National Spotlight Series. So far, meetings have been held with Jamaicans in the Diaspora, including New York, New Jersey, Connecticut, Atlanta and Orlando.

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