Business View Caribbean | August 2019

9 BUSINESS VIEW CARIBBEAN AUGUST 2019 OPENING L INES CORPORATE ORGANIZATIONS AWARD MILLIONS FOR BACK-TO-SCHOOL INITIATIVES IN JAMAICA A head of the new academic team, the business sector in Jamaican is engaging the human development aspects of the country in educating young people, awarding millions in back-to-school initiatives. Earlier this month, the Statistical Institute of Jamaica (STATIN) reported a further reduction in the unemployment rate to a new record low of 7.8 percent, hitherto, Prime Minister Andrew Holness, said “The local economy has been experiencing consistent growth for almost 18 consecutive quarters.” If the economy continues to maintain this level of growth and achieves two percent growth for the year, then Jamaica will be on a trajectory “to its true growth potential, which is about five percent.” That confidence has ostensibly placed heavy emphasis on education and human capital development at an unprecedented rate, supported by government initiatives. The Jiuquan Iron and Steel Company (JISCO)/Alpart will be awarding $20 million in scholarships and school supplies under its 2019 Back-to-School assistance program. The awards ceremony will be held on August 9, at the Alpart Sports Club in Nain, St. Elizabeth. Public and Community Relations Manager at JISCO/Alpart, Julian Keane, said that approximately 2,200 students from the company’s operating communities in St. Elizabeth and