Although pre-COVID-19 unemployment was at historical lows, majority of households lack an income stabilizer. The crisis has unveiled social fragilities that need to be addressed for Jamaica to recover sustainably and with greater resilience. Our recovery efforts must immediately start and we must adapt to living with the realities of COVID-19.

However, Jamaica cannot afford to wait until then to begin to chart our economic recovery. Normal pre-COVID-19 life is unlikely to resume until a vaccine is developed and large numbers of persons are inoculated.

The still uncertain depth and duration of the pandemic compounds the challenges. The ongoing and essential public health measures and resulting economic dynamics will severely disrupt the normal flow and pattern of life and strain the social fabric. The resulting precipitous decline in the Government’s revenues comes at a time as public expenditure pressures increase. The decline in employment and economic output is expected to be of historic proportions as every sector in the economy takes a hit. Every country in the world is being gravely affected, and Jamaica is no exception. 130ġ.0 CHAIRMAN’S MESSAGE The COVID-19 pandemic is the most serious global public health threat in a century and is causing the most damaging global economic crisis since the Great Depression of the 1930s. 127Ģ0.0 APPENDIX II – ECONOMIC RECOVERY TASK FORCE SUB-COMMITTEES. 124ġ9.0 APPENDIX I – ECONOMIC POLICY RESPONSE. 103ġ5.0 AGRICULTURE, FORESTRY & FISHERIES. 76ġ1.0 GLOBAL SERVICES AND BUSINESS PROCESS OUTSOURCING. 47Ĩ.0 ECONOMIC POLICY MEASURES TO SUPPORT THE RECOVERY. 29ħ.0 SOCIAL DEVELOPMENT CONSIDERATIONS FOR ECONOMIC RECOVERY. 15Ħ.0 TOWARDS A COVID-19 RESILIENT JAMAICA. 10ĥ.0 THE COVID-19 ECONOMIC SHOCK, ITS IMPACT, AND THE TASK OF Rebuild Jamaica - COVID-19 Economic Recovery Task Force Reportġ.0 CHAIRMAN’s MESSAGE.

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