Dr. Patrice Whitely, a distinguished academic and Head of the Department of Economics at the Faculty of Social Sciences , University of the West Indies, Mona, has been appointed to the Jamaica Fiscal Commission Advisory Committee. This prestigious appointment was officially announced by the former Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, on October 29, 2024, during a sitting of the House of Representatives.
Dr. Whitely's expertise in economics and her role as a representative of academia make her an invaluable asset to the committee. Her involvement underscores the importance of independent, non-partisan fiscal advice in supporting Jamaica's economic policies. The Fiscal Commission is set to play a crucial role in ensuring fiscal discipline and transparency, particularly as the Independent Fiscal Commission Act comes into effect on January 1, 2025.
Notably, this operational start date coincides with significant developments in Jamaica's economic framework. The recent launch of the University of the West Indies' Fiscal Research Centre, supported by a J$200 million endowment from the Government of Jamaica, marks a substantial investment in enhancing fiscal research and analysis. Together with the Fiscal Commission and the independent Central Bank, these institutions form a robust foundation for Jamaica's economic governance, ensuring fiscal discipline and promoting a stable economic environment.
In addition to her appointment to the Fiscal Commission Advisory Committee, Dr. Whitely has also been appointed to the newly established Industry Advisory Board of the Department of Mathematics. This board aims to foster collaboration between academia and industry, ensuring that graduates are well-equipped to meet the demands of the workforce. This dual role highlights Dr. Whitely's commitment to both academic excellence and practical application, bridging the gap between theoretical knowledge and real-world needs.
Dr. Whitely's contributions to both the Fiscal Commission Advisory Committee and the Industry Advisory Board reflect her dedication to public service and academic leadership. Her appointments are a testament to her expertise and her ability to navigate complex economic issues, making her a valuable resource for Jamaica's economic development.
Congratulations to Dr. Patrice Whitely on these notable appointments, which will undoubtedly contribute to Jamaica's economic growth and stability.