Opposition spokesman on finance, Julian Robinson has charged that the Government’s approach to economic stability, while being positive, will not by itself uplift the average Jamaican.

“The journey from mere fiscal stability to true economic transformation is essential. At the heart of this transformation is the need to address the challenges of low technological adoption, inadequate wage structures, and sluggish economic growth,” Robinson said Thursday as he made his contribution to the 2024/25 Budget Debate in the House of Representatives.

Robinson argued that the government’s proposed budget falls short of addressing the key challenges that plague our nation’s economy.

“While there are commendable elements within the budget, they fail to alleviate the widespread struggles and adversities faced by the vast majority of our citizens in Jamaica. For too long, our economy has been characterised by low wages, low technology and low productivity. The path to improving living standards, diminishing poverty, and curbing crime lies in fundamentally transforming our economy into one that is centered on high-value, advanced technology, and robust income,” Robinson stated.

He said this pivotal change necessitates substantial investment in several critical areas, most importantly, education, entrepreneurship, energy, and productivity.

Said Robinson: “The PNP (People’s National Party) firmly believes that fiscally responsible economic transformation and creative, bold leadership are key to breaking free from the stagnant cycle of low growth that has stifled Jamaica’s progress, restrained our people from realising their full potential, and prevented transformation of our nation into the place of choice to live, work, raise families, and do business. We stand ready to lead. Time come.”