Jamaica Prime Minister on Jamaica's economy

Jamaica Prime Minister on Jamaica's economy

Assessment

Interactive Video

Business

University

Hard

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The video discusses Jamaica's economic recovery post-pandemic, highlighting a projected growth of 7-8% after a 10% decline. It emphasizes the diversification of the economy, with tourism rebounding to 70% of pre-pandemic levels. The discussion also covers inflation challenges, particularly in commodities like coffee and bauxite, and the role of the central bank in managing inflation. The video further explores the modernization of the financial sector through the introduction of a digital currency, aiming to increase financial inclusion and reduce banking costs.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does the central bank play in managing inflation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How is Jamaica's digital currency expected to impact financial inclusion?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected challenges in adopting digital currency in Jamaica?

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