Jamaica is celebrating a record drop in its poverty rates, with 8.2% being the lowest in its history.
The Director General of the Planning Institute of Jamaica (PIOJ), Dr. Wayne Henry, announced the news May 21. Henry shared the figures from 2023 during the PIOJ’s quarterly media briefing on the state of the economy.
According to Loop News, this percentage was nearly half of the recorded poverty rate of 16.7% in 2021. This latest 8.2% rate became the lowest ever recorded since Jamaica began measuring poverty rates in 1989. Read more at www.blackenterprise.com.
