The Government is turning up the pressure on commercial banks saying increased user fees will cause greater stress for Jamaicans.

In the past 24 hours, both Prime Minister Andrew Holness and Finance Minister Dr Nigel Clarke have denounced the fee adjustments.

“Business leaders must pay attention to the social context; I have a higher duty to ensure equity and to protect the vulnerable,” Holness said Tuesday evening at a Jamaica Stock Exchange conference in New Kingston.

A day later, Clarke called the actions of the banks callous, saying they appear tone-deaf.

https://jamaica-gleaner.com/article/news/20220126/govt-turns-pressure-tone-deaf-banks-over-new-fees