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Jamaica's economy underperforming, says PNP

The Opposition People's National Party (PNP) says Jamaica's economy is underperforming.
 
In a statement, the PNP said it has taken note of a recent report from the Economic Commission for Latin America and the Caribbean (ECLAC) which indicates that foreign direct investment (FDI) into Jamaica declined for two successive years, in 2016 and 2017, with the decrease being 17.8 per cent last year.
 
The party further notes that in contrast, FDI in the Caribbean region as a whole grew by 20 per cent in 2017.
 
It argued that this highlights that Jamaica is trending in the wrong direction where FDI is concerned. 
 


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