To­day’s Gem

Jamaica Gleaner - - ENTERTAINMENT -

Min­is­ter of

and Plan­ning Ed­ward Seaga an­nounces that ap­prox­i­mately J$6 mil­lion of new fi­nanc­ing have so far been com­pleted for the new Ja­maica Devel­op­ment Bank. Seaga says $3 mil­lion of this amount, will be pro­vided un­der a loan ar­range­ment for 10 years from the Cit­i­zens and South­ern Bank, which has sub­scribed 49 per cent of the “I don’t be­lieve that we’ll ever solve the ter­ri­ble eco­nomic cri­sis if we don’t solve the po­lit­i­cal cri­sis that stands be­tween us and the econ­omy.”

Michael Man­ley

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