President of the Jamaica Chamber of Commerce (JCC) Lloyd Distant Jr says responses to the fallout from the COVID-19 pandemic for those operating in the informal economy cannot separate the health and economic impact and to this end must include a multi-track strategy that combines a couple lines of action.

Distant indicated that the risks associated with COVID-19 exacerbated the main vulnerabilities of poor workers in the informal economy.

 

“The last decade has been marked by a growing recognition that the large size of the informal economy is a major obstacle to poverty reduction. We have to bear in mind the reality of the situation, informal enterprises are not registered and so it makes it difficult for the authorities to identify and reach disadvantaged groups,” he said during the Rotary Club of Kingston’s digital meeting held recently.

http://www.jamaicaobserver.com/business-observer/multitrack-strategy-needed-to-address-the-informal-sector-jcc-president_205241