THIS DAY IN OUR PAST
The following events took place on August 30 in the years identified:
1976:A
demand that Government call the general election immediately is made by the Thursday Club of Young Jamaica in a statement issued. In its statement, signed by the chairman, Gladstone Johnson, the organisation says: “It is urgently necessary that the Government calls the general election immediately in the real interest of the nation. Since 1974, the present Government declared officially to the people that it had adopted the ideology of ‘democratic socialism’. From that time Jamaica and its people have witnessed an unprecedented and unrivalled exhibition of political quarrels and propaganda in the form of letters to the editor, government political speeches, press releases, columnists, radio broadcasts, newspaper advertisements, political education, and the API.” 1984:Association Jamaica Exporters’
president, Geoffrey Messado, says that the surest means of encouraging an increase of exports will be to give exporters the priorities and incentives needed to encourage improved performance. “Claims that manufacturers have failed to increase export performance ignore the fact that those who export have been denied the facilities, incentives and exports they have a right to expect and without which they cannot achieve the performance the nation expects,” Messado says in a statement. Messado points at proposals put forward over the past 10 years by exporters, which were designed to increase export performance, none of which had been given consideration by successive governments. He adds: “Every proposal put forward has been effective and led to dramatic increases in export performance in places as widely separated as Israel, Ireland, New Zealand and South Korea.” The Jamaican dol1984:lar
goes back to its low level of $4.11 to the US dollar this week, when it clears the Bank of Jamaica auction at this figure on Tuesday, August 28, 1984, and again today. After a slight recovery two weeks ago when it rose to $3.85 to the US dollar, the Jamaican unit takes another dip this week, representing a further devaluation. According to the Bank of Jamaica, these fluctuations in the exchange rate of the Jamaican dollar are due to the supply-and-demand situation in the foreign currency market.