Given Jamaica’s long struggle to economic stability, Finance Minister Dr Nigel Clarke has stressed the need for the country’s fiscal discipline to be maintained over the coming years.

With the country now in election mode, following the announcement last Tuesday that Jamaicans will vote on September 3, Clarke said that it should be an imperative for any party which forms the next Government to safeguard the gains made within the last few years.

“We are going to be investing in ensuring that the macroeconomic stability that we enjoy is preserved. We must protect this macroeconomic stability at all cost and with everything we have,” he said, while noting that though Jamaica is in the midst of the COVID-19 pandemic, the country has so far been able to navigate the challenges as a result of the buffers previously put in place by the Government, such as the building up of cash reserves, which are now being used to cushion effects.

http://www.jamaicaobserver.com/sunday-finance/clarke-we-must-protect-macroeconomic-stability_200824