Mayberry Investments has forecast an impressive stock market emerging by year end, based on government's enlarged budget, which the company's officers describe as positioning for the general election.
A good year for stocks would break the four-year decline of the Jamaica Stock Exchange.
The proposed $1.3 trillion national budget for the upcoming fiscal year, starting April 1, is one-third heftier than the current budget at $1 trillion.
It's due to be debated in Parliament.
CEO of Mayberry Group Limited Gary Peart said a budget that size makes the probability of a general election occurring before the end of the budget year very high.
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