KINGSTON, Jamaica - JAMAICA loses $15 billion in revenues from subsidising imports from the Caribbean Community (Caricom), according to former industry minister Claude Clarke.
Clarke, who is managing director of Richmond Valley, made the declaration during his keynote address at the Jamaica Manufacturers Association (JMA) 45th Annual Awards Banquet on Thursday.
He suggested that Government collect the revenue by suspending Caricom trade subsidies, at least during the island's lending arrangement with the International Monetary Fund (IMF).
Related News
In keeping with the decision taken by Heads of Government at their 25th Regular Meeting in Grenada 4...
In keeping with the decision taken by Heads of Government at their 25th Regular Meeting in Grenada 4-7 July, the 18th meeting of the Bureau of the Conference of Heads of Government of the…
admin
NATURAL DISASTER IMPACT MITIGATION: STRENGTHENING NATURAL DISASTER WARNING SYSTEMS ACROSS VULNERABLE...
The tremendous loss of life and destruction caused by the earthquake and tsunami in the Indian Ocean region on 26 December 2004 have shocked the world at large and shattered the lives of many…
admin
CARICOM Secretariat, IMPACS webinar focuses on ‘Youth as Agents for Change in Crime Prevention’
‘Youth as Agents for Change in Crime Prevention’ will be the focus of a webinar that the Caribbean Community (CARICOM) Secretariat and the CARICOM Implementation Agency for Cr