Our balance of trade picture tells the real story of our economic challenges in which total export only present 26% of total import. Energy import has significantly widened this gap according the BOJ data for 2011 and 2012. One of the most pressing policy issue for developing an efficient, cost effective and sustainable energy sector in Jamaica as to do with the question of how does the Government create a policy framework or environment in which there can be a convergence of the public interest (Economic Development) and that of JPS as a private for profit entity. It would appears to me that this must be the thrust of our policy discussions; to formulate a set of proposals that are forward looking but be mindful that the transition for JPS in recognizing or becoming a full partner in our economic development goals must not be disruptive or at expense of the gains we have already made. Then, how does the government guarantees JPS a stake in the outcomes of our energy future, but at the same time demanding that future is right now?
Posted on: Sun, 16 Mar 2014 01:48:26 +0000
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