Government Reviews Vision 2030 National Development Plan

• The Government has commenced work to review and revise the requisite strategic actions for implementing the country’s long-term National Development Plan – Vision 2030 Jamaica – in light of the impact of the coronavirus (COVID-19) pandemic.
• “Speaking at a digital quarterly media briefing on May 27, Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, said the revamping exercise includes revisiting the targets up to 2030 and the period/schedule for achieving the planned outcomes and national development goals.
• “This process has commenced with Government-led strategic actions and plans from various sectors, including programme revisions and reviews, in an effort to adapt to the challenges, shocks and risks presented by the global pandemic,” he indicated.
• Noting that the Government is not yet in a position to present revised long-term development targets, Dr. Henry said that from the PIOJ’s preliminary review of the development targets, it is anticipated that based on projections for the Jamaican and wider global society and economy, “there will be slippages in several indicators”.
• Henry pointed out that prior to the COVID-19 pandemic, the country, in pursuit of Vision 2030 Jamaica, had entrenched macroeconomic stability as evidenced by low unemployment and inflation rates, a declining debt-to-GDP ratio, and seven consecutive years of economic growth.

(Source: JIS)