The Olympics are now over, and the performance of Jamaica's athletes was tremendous. They brought glory to the nation once again. We must acknowledge that our athletes made it to the Olympics because of their work ethic and dedication. We must commend all of them for that - even those who did not live up to our high expectations.
How did the Jamaica Public Service Company's (JPS) new pricing policy get the approval of the Office of Utilities Regulation (OUR) after being initially rejected? In its last Tariff Application 2014-2019, the JPS requested that its price cap scheme be changed to a revenue cap on the grounds that it would provide better opportunities for revenue recovery and energy conservation.
An economics lecturer at The University of the West Indies (UWI), Mona, is suggesting that the Government adopt a transparent performance-based funding allocation framework to address the inequity in the subventions provided to tertiary institutions.