Cementing their place jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
Prime Minister Andrew Holness (File photo)
Prime Minister Andrew Holness has indicated that the Government will likely soon have to table a Third Supplementary Estimates for the 2020-2021 fiscal year to cope with the economic fallout from the COVID-19 pandemic.
Since the first case of the coronavirus was confirmed in Jamaica in March, resulting in a partial shutdown of the economy, the recovery has been slow, and projections are that it could take several years for Jamaica and the rest of the Caribbean region to get back to pre-COVID-19 levels.
The Planning Institute of Jamaica (PIOJ) is projecting that the economy will contract in the range of 12 per cent for the current fiscal year, with 11 per cent in the October to December quarter. It contracted a whopping 18 per cent in the April to June quarter.
Industry experts forecast stronger recovery for tourism in the back end of 2021 jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.
Minister of Agriculture and Fisheries, Floyd Green and President of the Walkerswood Farmers’ Association, Denyse Perkins bumping elbows after signing the custodian agreement for the handover of water harvesting infrastructure to farming groups, during a ceremony at the Ministry’s Hope Gardens. (contributed photo)
The Ministry of Agriculture and Fisheries, on Wednesday handed over conditional ownership for water harvesting infrastructure to 12 water user (farming) groups in seven parishes across the island. These include reservoirs, catchment and storage tanks (both on-farm and central) as well as drip irrigation systems, which were constructed in Clarendon, St Catherine, St Mary, St Thomas, St Ann, Manchester and Trelawny under the second component of the Government of Jamaica’s Adaptation Fund Programme.
Industry experts forecast stronger recovery for tourism in the back end of 2021 jamaicaobserver.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jamaicaobserver.com Daily Mail and Mail on Sunday newspapers.