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Crossing the Chasm

The Road to Economic Recovery Conference

On August 14th 2020, the PSOJ had a first in the world national conference on how to deal with the Economic Fallout of Covid-19. Thought leaders in the public and private sector came together to share ideas on how we will Cross the Chasm: The Road to Economic Recovery. It was a jam-packed all-day agenda filled with intense creative thinking about the way forward.

Grey Round Patterns

Want to learn all about the conference?

Find out what happened at the conference, learn about the speakers, moderators and points that were discussed, all in a small, convenient booklet.


Section Recaps 

The Regional Economy's Response to COVID-19

Posted on

Opening Remarks & Overview

      Mr. Keith Duncan - President, PSOJ - Starts at 0:00

  • Where are we now?

  • Why bring these stakeholders together?

  • What does the PSOJ hope to achieve?

  • The Agenda

Regional Response

      Mr. Henry Mooney - Economic Advisor, IDB - Starts at 20:56

  • Regional Impact overall and key industry sectors affected.

  • Programs and Policies that appear to have been most effective in saving key industries.

See slides

Shape of the National Recovery

      Dr. The Honourable Nigel Clarke - Minister of Finance and the Public Service, Ministry of Finance - Starts at 37:29

  • What does it mean to have a V, U, W, L, J recovery?

  • What shape are we likely to see in the overall economy?

  • Will the shape of the recovery differ by sector?

  • What does the shape of the recovery imply about Tax Revenue?

  • What does the shape of the recovery imply about Foreign Exchange?

  • What has the Government already done for the economic recovery?

  • What tools and policies can be deployed going forward?

  • What is required of the Private Sector to support the Recovery?

See slides

Liquidity & Forbearance, BOJ Responses

      Mr. Richard Byles - Governor, BOJ - Starts at 1:13:21

  • Overview of 4 key variables: Liquidity, Foreign Exchange Reserves, Exchange Rate, Inflation.

  • Why do these 4 variables matter to BOJ and Jamaica?

  • What are the current major concerns with each of these 4 variables?

  • What are we currently seeing with respect to these variables?

  • What has the BOJ response thus far been to positively impact/ manage these variables?

  • What tools can be deployed going forward and when will BOJ deploy them?

  • What is required of the Private Sector to support the Recovery?


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