Anika Kiddoe

This brief highlights the most pressing tax reform measures that would benefit the Jamaican economy.

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CaPRI estimates 5% savings from JDX

CaPRI estimates 5% savings from JDX

The CaPRI researchers note that Jamaica's high and unsustainable indebtedness is primarily due to liabilities contracted outside of central government, and that real interest payments have accounted for a minor three per cent of GDP since 1996.

The Jamaican economy has suffered for the past decade from a crushing debt burden which arose largely between 1996 and 2003 when the debt peaked at 123 percent of GDP (See Figure). Since then, the relative level... » Read more