Gov’t’s Largest Stimulus Package Ever

The Government initiated the $10-billion COVID-19 Allocation of Resources for Employees (CARE) Programme, to assist affected    individuals and businesses.

The package formed part of a $25-billion stimulus, the largest in Jamaica’s history, which was earmarked in the $853.5 billion budget for fiscal year 2020/21.

•          Grants totalling more than $3.6 billion have, to date, been paid to more than 400,000 applicants.

•          $1.1 billion was also earmarked to supplement the Programme of

            Advancement Through Health and Education (PATH).

COVID-19 Economic Recovery Task Force

•          Portfolio Minister, Dr.  the Hon. Nigel Clarke, chaired the 28-member multi-sectoral committee that was established to assist in piloting Jamaica’s recovery from the economic fallout related to COVID-19. The committee collated its findings and recommendations in a June 2020 report, titled, ‘Rebuild Jamaica’- which was tabled in Parliament.

Safety Net for the Elderly

•          Approximately 30,000 seniors are benefiting from a $1-billion safety net programme, instituted for persons not on PATH, or covered under the National Insurance Scheme (NIS), poor relief, or a pension plan.