Tag: contract

Jamaica

Jamaica’s Economy Set To Shrink

The Planning Institute of Jamaica (PIOJ) is reporting that the economy contracted by an estimated 1.7 per cent for the January to March 2020 quarter, relative to the corresponding period last year. The Institute says that the March 2020 quarter out-turn largely reflected implementation of measures to manage the coronavirus (COVID-19) pandemic, which commenced in mid-March; and lower capacity utilization […]