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Rowley could learn from Jamaica’s Prime Minister
sgtdjones
2022-06-23 14:25:03
What Dr Rowley could learn from Jamaica’s Prime Minister
Delivering the keynote address at the opening of the conference, Jamaica Prime Minister Andrew Holness said, “We have established a strong record of macroeconomic stability and prudent fiscal management and have managed to maintain this even during the pandemic. Our debt-to-GDP ratio before the pandemic was 94 per cent and is now 96 per cent; only two percentage points higher. By contrast, several of our peers have seen increases of 20, 30, 40 and even 50 percentage points.”He added, “We are seeing a strong rebound in our economy after the pandemic, with an estimated six per cent growth recorded in the quarter ended March 2022. We are one of few countries in the region with no foreign exchange controls and a freely floating currency. We have a robust and well-established regulatory and fiscal regime for Special Economic Zones.
“We have a track record of large-scale public-private partnerships, as I mentioned earlier, for our air and sea ports and highways. We want to ensure that Jamaica is a nation full of opportunities for international investors as well as for local entrepreneurs. Trade and business are part of our Jamaican culture just as Reggae, jerk chicken and our amazing Blue Mountain coffee.”His words are not empty. Wherever you drive you can see significant construction taking place in the hotel sector. It has emerged as a major centre for Business Process Outsourcing and a global leader in improving the ease of doing business.
What was clear from the Prime Minister and the various ministers I interviewed, is that Jamaica is firm in its belief that the private sector must drive its economic revival and that it is not in competition with the sector.This does not mean that Jamaica is perfect. It still has unmanageable crime, its economy is substantially smaller than T&T, which is only half its physical size and has less than half its population and there are concerns about the inequality of the recovery and the quality of some of the BPO jobs. But what is clear is that the country embraces a free open market economy and as a result, has seen tangible improvements in its welfare.
Compare it to T&T, which seems to be limping along, hoping for long-term high energy prices, when we know for a fact that those prices are cyclical and will soon come to an end.
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here comes problemguy...
sgtdjones
2022-06-23 14:30:27
Trolls
The PM will have to reborn to do anything different. Sorry TT, to do good things for your country, one has to have a brain, plan, intention, foresight, creativity, open to ideas beside their own, and we know this country is being used as Rowley personal property. So there we have it in a nutshell.
alvinamaraj
you can't teach an old dog new tricks ........ remember manning described him as a canine first not me .....
Raven Madoxx
Why is everyone complaining???? The Trinidadian people gave Rowley the power, when he eventually destroys the country, someone will try to rebuild, life will continue.. Patience and enjoy the ride...
Czefrah Thomas
Jamaica is different from Trinidad. The motto of Jamaica is 'out of many cometh one'.
Jamaicans put Country before Party. In Trinidad we put Party before Country. Jamaicans love their Country. Trinidadians hate their Country.
The sounds a bit simplistic but then again I am a simple person.
Claude Gonzales
PNM's only concern is BEING IN POWER ... there lies THE CRISIS.
And why do TRINIS always keep comparing us to JAMAICA ... tell that to any JAMAICAN and they break out in derisive laughter.
Curtis should know better!!!
Darren M. Kidar
Dr. Rowley cant and wont learn anything from anybody. He is just not humble enough.
"The Dr Keith Rowley administration must change its approach to governance and see the private sector as a partner in development and not in competition with the numerous state enterprises".
Actually he does partner with the private sector.....but only to make the rich richer and fatten his pocket.
Halliwell
2022-06-23 14:41:14
You might be the troll here
The Jamaican government are getting most decisions wrong these days
Ask Christine 
sgtdjones
2022-06-23 14:53:40
In reply to Halliwell
Let's wait till the TDS comes by with comments
FanAttick
2022-06-23 15:23:57
In reply to sgtdjones
A man boasting about a debt to GDP ratio of 96?
Barry
2022-06-23 16:35:53
In reply to Halliwell
The Jamaican government are getting most decisions wrong these days
For sure - like trudeau
sgtdjones
2022-06-23 18:51:05
In reply to Halliwell
Jamaica has always played a leadership role in the region. In the present set up with Barbados Prime Minister Mia Mottley being the titular leader of the region, Guyana, by the sheer size of its resources, inclusive of land-space, now emerging as an economic powerhouse and Jamaica showing what good economic policy can achieve, T&T’s Government must awaken from its proverbial slumber and chart a course forward that will combine sound economic policy with a commitment to a free-market economy, fiscal discipline and bold vision.
Only when we do that may we regain our confidence and do like the Jamaicans, who are boldly celebrating their 60th anniversary of independence this year, while we appear to want to pretend that a major event is not upon us.
Claire Rostant
Curtis Williams should know, that Dr. Rowley has no interest in learning anything. This is a man that saw himself becoming the Prime Minister, did eveything he could to do that, and has accomplished his goal. This is not a man that has any interest in his Country or his own people. Its all about Him. He doesn't care about the business community, crime, corruption, the economy, nothing. But there should have been a public outcry to remove the minister of finance years ago when we began to see the decisions being made by this incompetent finance minister and the effects that his decisions were and are having on our economy. But we are calling out Dr Rowley only, and we keep giving this finance minister chance after chance when obviously the man has to go. It is either Imbert has changed the economy for the better, or he has made it far worse, and obviously the economy is far worse than it was in 2016. He has driven our economy into ever increasing Debt and Economic destruction and people ike Curtis Williams with these stupid articles are not helping. Because where we end up is not Rowley's fault, it's ours. If Williams has anything to say about Dr Rowley it should be that Rowley is watching his country go down the tubes, seeing his ministers be incompetent, and that he is not concerned in the least.
Jumpstart
2022-06-23 19:19:03
In reply to sgtdjones
hoss.......check JAs GDP and then ours and get back to me. Writer is a first class clown. Last week he was on a tirade and was saying the energy sector problems started in 2003 when he said Eric Williams was removed as energy minister and replaced by lenny saith. Was wrong on that again. Williams resigned in 2005 when the dhansook affair came out(which turned out to be a total fabrication). In his haste to settle personal grouses, he can't even get dates right. Then he said that TTEC should have been buying electricity from the TGU plant in tarouba. The same TGU plant that was supposed to power the Alutrint smelter and was nit meant for domestic use. Dude's articles are rubbish
XDFIX
2022-06-23 19:30:14
In reply to sgtdjones
Andrew is a talk shop at best, surely Rowley could do better by looking at the work of Mia from Barbados!
When I see children stop carrying water pon dem head, I will listen to Andrew - and that's a low bar, I must add!
Jumpstart
2022-06-23 19:38:43
In reply to XDFIX
You mean like sending home public servants? Right now Public servants in TTO are screaming for a wage increase at the same time Mia is sending or considering seriously the possibility of sending home public servants. Barbados' debt to gdp ratio is something like 150%
XDFIX
2022-06-23 19:44:34
In reply to FanAttick
Apparently, the man doesn't know Japan's debt to GDP ratio!
XDFIX
2022-06-23 19:46:14
In reply to Jumpstart
All I am saying is Holness is a low bar, and shouldn't be used as a benchmark, at least Mia decoupled from the crown!
Chrissy
2022-06-23 19:50:26
In reply to Halliwell
Just laugh yeh!
sgtdjones
2022-06-23 22:00:33
In reply to Halliwell
The Jamaican government are getting most decisions wrong these days
Ask Christine
Chrissy gets most of CWI cricket wrong also ...so them even.
Commie
2022-06-23 22:06:43
When someone mentions unmanageable crime as a sidenote of a nations appeal then they could as well be bigging up a warzone.
Barry
2022-06-23 22:33:37
The wisdom of an overweight clown-If ah laugh, ah shit . . .
bravos
2022-06-25 02:25:12
In reply to Barry
That fat f@ck's little 1" lolee turns to 2" at the mention of anything negative about T&T.
What a stupid pathetic fraudulent clueless disconnected copy and paste reject.
FanAttick
2022-06-25 03:09:27
In reply to XDFIX
Who does Japan owe its debt to?
It's mostly owed to the Japanese people in the form of government bonds. The Japanese government owes each of its citizens about 7.5 million yen. Since 95% of its debt is held domestically, its economy is not as precarious as it would be if it were debt to foreign countries.
Jumpstart
2022-06-25 06:33:23
In reply to FanAttick
many countries in east asia are like that. Foreign debt is low. In singapore, the constitution forbids the government from borrowing to support a budget. They borrow to invest
XDFIX
2022-06-25 14:19:12
In reply to FanAttick
Man, did you see this
at the end of my comment, cut me some slack
