PNP General Secretary Dr. Dayton Campbell and Prime Minister Dr. Nigel Clarke
The opposition People's National Party (PNP) says the imminent departure of Dr. Nigel Clarke as Finance Minister raises significant concerns about the future of Jamaica's economic management and leadership.
The PNP congratulated Dr. Clarke on his appointment, but said the development comes at a critical juncture as the country faces serious economic challenges, including the spiralling cost of living and the negative growth impact of Hurricane Beryl.
"The timing of Dr. Clarke's departure also brings into question the government's ability and commitment to addressing the ongoing economic burdens facing the Jamaican people," he argued.
PNP General Secretary Dr. Dayton Campbell called for the Prime Minister to provide immediate clarity on the transition plan for the Finance Ministry, including "how it intends to manage the current economic pressures and what strategies will be employed to mitigate the impact on the most vulnerable in the society".
Prime Minister Andrew Holness has described Dr. Clarke's pending appointment as Deputy Managing Director of the International Monetary Fund as a historic and important development.
He sought to assure the country that the government has identified successors to Dr. Clarke in both his ministerial and parliamentary responsibilities, and there will be a smooth transition in both capacities.
"We will provide updates in due course, and the pubic can expect policy continuity and the continuation of the economic achievements that this government has worked so hard to secure," declared the Prime Minister.
Dr. Clarke will take up the IMF post on October 31.
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