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THE SMALL BUSINESS EDITION PODCASTS

 

The Ministry of Finance and the Development Bank of Jamaica (DBJ) are collaborating on a $3-billion project for small businesses.

It falls under the Social and Economic Recovery and Vaccine (SERVE) Jamaica Programme, for micro, small and medium-sized enterprises (MSMEs) to reset their operations.

Finance Minister Dr Nigel Clarke emphasized that business must continue to function in spite of the COVID-19 pandemic. He pointed out too that Jamaica has been able to maintain macroeconomic stability throughout the pandemic.

 

The Government has been able to come forward to aid the small business community at this time because of the administration’s sound policies, said Finance Minister Dr Nigel Clarke.

He said too that there are already signs of economic recovery from the COVID-19 pandemic, all liked to the programmes and policies of his administration.

When compared to other small developing nations in the region, the minister noted that Jamaica is performing fairly well.

 

Jamaica’s small business operators have been urged to take up grants and loans to go digital.

This appeal has come from Minister of Finance Dr Nigel Clarke who declares that companies in this sector must reposition for growth in the digital space.

Money under the Development Bank of Jamaica’s SERVE programme is to be disbursed through various financial institutions across the country. Minister Clarke pleaded to those in the small business sector to make contact with them.

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