Minister of Finance Dr Nigel Clarke on Wednesday evening told a gathering that the reason behind the Government’s abolishment and reduction of taxes was to stimulate the domestic industry in order to achieve strong economic growth.

“The large part of the economy is domestic and we need the domestic economy to be vibrant, to flourish and be dynamic. Construction is a part of the domestic economy, design is a part of the domestic economy and we’re focused on improving how we efficiently trade goods and services between each other,” the finance minister said, while speaking at a function at Spanish Court Hotel in New Kingston.

The function was one of many scheduled events held in observation of the Jamaica Observer’s Design Week 2019, which will end this Saturday, September 28.

http://www.jamaicaobserver.com/business-report/the-domestic-economy-needs-to-be-vibrant-clarke_175820