Anthony Hylton
The opposition People's National Party is raising concern over the trade deficit, calling it unsustainable.
Opposition Spokesperson on Investment, Trade and Global Logistics, Anthony Hylton, says the government has failed to put forward a clear and effective trade strategy.
The data shows that imports continue to outpace exports by a ratio of 5:1 up to January 2025.
Mr. Hylton says the figures are deeply troubling, especially given the current volatility in global trade.
He warned that the growing deficit must also be viewed alongside external threats to Jamaica's key foreign exchange earners - tourism, bauxite alumina and remittances.
Mr. Hylton says immediate action is needed to address the country's structural trade imbalance.
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