Jamaica Stimulus Package Website
Jamaican government announces largest fiscal stimulus in jamaica s history for covid 19 fight.
Jamaica stimulus package website. The workers of the industry are very heartened by the action of the government. According to clarke pumping 25 billion into the economy at a time of uncertainty like this helps to support economic activity in jamaica. These trying economic times have caused much stress and as a result may be putting a strain on your relationship.
According to jamaica s minister of finance the government is prepared to offer a 25 billion fiscal stimulus package to cushion the impact of the coronavirus on businesses and workers. On tuesday march 24 2020 dr nigel clarke minister of. Minister of tourism hon.
The government will give 9 000 per fortnight to individuals who lose their job due to covid 19 for a period up to june but some people are not pleased with the amount being offered. Jamaica observer a day after prime minister andrew holness promised an economic response to the outbreak of the novel coronavirus disease covid 19 the government yesterday outlined a 25 billion fiscal stimulus package to cushion the impact of the virus on businesses and workers. The unprecedented spread of covid 19 has created a global health crisis.
Describing it as the largest fiscal stimulus in jamaica s history finance minister dr nigel clarke. Each day brings new developments as countries around the world seek to flatten the curve and achieve social distance which is significantly sharply and suddenly curtailing economic activity around the world. On tuesday march 24 2020 dr nigel clarke minister of finance announced during the closing of the 2020 2021 budget debate that as part of the government s 10 billion stimulus package they would pay 9 000 per fortnight to individuals who lose their job as a result of covid 19 once they submit an application by the deadline.