AGP Executive Report
Last update: 9 hours agoCustoms & Ease of Doing Business: Jamaica Customs will speed up clearance for new motor vehicles imported by authorised dealers, moving to post-clearance verification so low-risk shipments can be released immediately from June 22, supporting the Government’s productivity push. Health Costs Relief: The National Health Fund increased subsidies on 18 cardiovascular drug items and added/expanded NHFCard support, including annual echocardiogram and ECG subsidies, to cushion beneficiaries from rising prices. Climate & Agriculture Resilience: Government is developing a weather-triggered insurance scheme for farmers, with $50 million earmarked to help insure 5,000 farmers (prioritising youth and women), alongside drought mitigation measures like catchment ponds. Roads & Urban Growth: Plans to dualise East King’s House Road and Lady Musgrave Road in Kingston aim to cut congestion, with widening, drainage upgrades, traffic signals, and broadband ducts. Diaspora & Investment Momentum: The 11th Biennial Jamaica Diaspora Conference highlighted diaspora support for business conditions, healthcare, tourism and security, while also reinforcing climate-resilience partnerships. Business Expansion: Kintyre Holdings enters Jamaica’s EV market via a $100m expected investment, buying a 75% stake in an EV dealership through new share issuance that dilutes existing shareholders.
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