Jamaica is projected to achieve 2.3% growth during the 2017/2018 fiscal year.
The projection is included in the Fiscal Policy Paper tabled yesterday in the House of Representatives. It says the projection reflects improvement in most industries resulting from increased domestic and external demand.
The goods-producing and services industries are estimated to increase by 5.7% and 1.2 %. Mining and Quarrying as well as agriculture, forestry and fishing along with hotels and restaurants have been listed among the main drivers of growth.
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