THE Jamaican Government has tabled new taxes in its budget for the first time in almost 10 years, as the country's fiscal position weakens following back-to-back hurricanes Beryl in 2024 and Melissa in 2025.
Macroeconomic stability amid global turmoil has become a source of leverage. Jamaica now faces a choice: whether to merely preserve that stability or to use it strategically in an increasingly unstable global environment.
Global geopolitical and geoeconomic tensions are intensifying as nations compete for economic dominance and political influence. Trade policy, monetary policy, technology, and supply chains have become instruments of strategy rather than neutral tools of efficiency, and small countries like Jamaica must be careful in how they navigate these opaque waters.