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2015 Forecast - Jamaica

Looking at current Market trends and making some educated guesses below is a list of predictions for the Jamaican economic and political landscape in 2015.

1. Tourism will continue to grow in 2015.

2. On the heels of favorable approval by international bodies in 2014 Foreign investors will begin to take a closer look at Jamaica.

3. The exchange rate will hit US$1:JM$120 in 2015 as the trade balance continues to be unbalanced.

4. Jamaicans after realizing the unbearable pain of a continuously devaluing dollar will start to invest heavily in export oriented activities.

5. Jamaican economy may actually grow by 2% or greater in 2015 thanks to growing tourism, Foreign Direct Investments and local investments in the export oriented sectors.

6. Demand for technical experts will grow and may potentially lead to decreased unemployment.

7. On the heels of a horrible PR year the PNP will call an early elections having a much better 2015 PR year. They may even win.






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