In 2015, the government of Jamaica moved to decriminalize the use of cannabis for medical purposes. The move opened up numerous opportunities in the medical cannabis industry.
Jamaican stocks surged by almost 300 percent in 2018, more than quadrupling the next best performing national benchmark tracked by the Bloomberg media group. The value of the JSE’s main index continued on its outstanding performance over the past five years rising by 29 percent in 2018, the most among 94 national benchmarks tracked.
After months of planning, building and strategizing, the Open Arms Development Centre (OADC) is ready to offer women a fresh start with the opening of a female dormitory on a property located at 16 ½ Windward Road in Kingston.
Growth for the October to December 2018 quarter is estimated to have accelerated by approximately 1.5 to 2 and a half per cent, rising above the 1.2 per cent recorded in December 2017. The BOJ says it projects growth to remain close to the current rates over the next two years.
The Programme for the Reduction of Maternal and Child Mortality (PROMAC) is one of several programmes which seek to address the issue of limited resources and other shortages that make service delivery difficult.
The Ministry of Labour and Social Security is providing a solid support system for the Jamaican youths, through the Labour Market Information System LMIS School Adoption Initiative to provide scholarships.
With the ban on plastic in full effect, Jamaicans have been finding creative ways to dispose of their waste, without the use of the popular “scandal bags”. And residents of two communities in Westmoreland are getting help with garbage disposal, following the launch of a Solid Waste Reduction Project by Sandals Foundation in collaboration with the United Nations Environment Programme (UNEP).
The Jamaican economy has been restricted to the 2 percent glass ceiling in recent years but according to one financial analyst, the new budget is geared at fixing that problem.
In 2018 the economy brushed the 2 percent growth range coming in at an estimated 1.8 percent. This week we’re going for growth with the PIOJ and its latest growth figures.
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