2010 – Year in review – Cheers

As we move into the new year let us remember some financial happenings this year that caused us to celebrate and to have a sense of hope for the new year and all that it offers.

The biggest cheer goes out to the Jamaican people who bought into the concept of the Jamaica Debt Exchange programme and sacrificed their interest income for the hope of a brighter tomorrow.  By their actions they have demonstrated a love of country that is difficult to find elsewhere.  They have demonstrated the true meaning of loyalty and have set an example for Corporate Jamaica to follow.

The government also makes the list for its efforts to have a budget that controls the level of deficit and for sticking to it.  They are also to be congratulated for their deal with the International Monetary Fund and for understanding that we could not continue on the path of unlimited borrowing.  These kinds of decisions are never popular and may cost it the next election but what has been done is in the nation’s best interest.  The minister of tourism Ed Bartlett also makes the list for the good job that he has done in promoting the country as a tourist destination.  Although there were some contentious issues during the year, as a whole we must commend him for his good work.

A cheer also must go out to the security forces who have worked tirelessly since the incursion into Tivoli Gardens.  The effect has been a reduction in murders from June – November by more than 40 percent when compared to last year.  Although we will agree that there is still more room for improvement we applaud them for their efforts so far.  The reduction in crime will have a significant impact on the country’s economic growth.

The public sector workers also make the list for their tolerance in dealing with the wage dispute.  Although there were some disruptions to services, these were minor compared to what happened in many of the European countries when cuts were announced.  In addition they deserve our appreciation for having had to work under less than ideal conditions.  In this regard they have demonstrated a level of commitment that exceeds that shown by most other workers in this country.

The final cheer goes out to the Jamaican farmers who have had to endure a severe drought and then the floods associated with Tropical Storm Nicole.  In addition they have had to deal with the scourge of praedial larceny which is fast becoming the number one crime in this country.  Despite all of these problems they have persevered and continue to produce the crops that are so badly needed both locally and abroad.  It is our hope that next year the government and private sector will provide more support for this group of persons who are often overlooked by society.

It is my hope that these actions will inspire you in the New Year to work towards a better future for yourself and your family.