THE CURRENT COVID-19 pandemic has disrupted the operations of our schools, with classes currently delivered in a 'distance mode' in which pupils stay at home. A distance mode is not the same as simple homeschooling, in which the entire educational process occurs outside of a formal school. There is, however, an overlap between elements of the homeschooling and distance modes.
WHAT IS THE VALUE OF JAMAICA'S DEBT STOCK?
Total public debt at the end of the fiscal year 2018-19 was an estimated $1.961 trillion, an increase of $8.9 billion when compared to $1.9521 trillion at the end of the fiscal year 2017-2018. Of the total, 61 percent is foreign or external debt, while the remaining 39 percent is central government domestic debt and main public bodies.
Last year, the Government announced no new taxes. This year, the administration set out a series of reforms that will give back $14 billion to the country through various avenues, including: