With Jamaica ranked 64 out of 146 nations in the 2014 Forbes Best Countries for Business Report, the country the best in the Caribbean region to do business and third in Latin America and the Caribbean. Minister of Finance and Planning, Dr. Peter Phillips, told Parliament that this and other achievements are as a result of the Government’s new legislative framework along with the general improvement in the macroeconomic environment.
He pointed out that the international community continues to take note, and acknowledge the country’s progress, pointing to the World Bank’s Doing Business 2015 report which showed an improvement in Jamaica’s ranking from number 85 to number 58 out of 189 countries. “Of note, is that Jamaica is now the best rated country in the English-speaking Caribbean and one of the most improved globally,” he said.
