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Minister of Industry, Investment and Commerce and Chairman for the National Competitiveness Council (NCC), Honourable Anthony Hylton speaking at last year's NCC Business Environment Roundtable. The NCC is a collabortive body of public and private sector stakeholders that work together to improve Jamaica's business atmosphere.
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Jamaica maintains competitiveness rankings, but Minister cites areas for improvement
Jamaica has maintained it's 86th position on the World Economic Forum's Global Competitiveness Report for 2015. The country ranked highly in several indices, including
procedures to starting a business, where the country ranked third globally and 8th in the legal rights index.
In response to the report, Minister of Industry, Investment and Commerce and Chairman for the National Competitiveness Council (NCC), Honourable Anthony Hylton, emphasized the importance of a more enabling business environment in Jamaica, stating that 'reforming the environment is priority for the Ministry and its agencies.'
Minister Hylton said, "
Perhaps, an important lesson to take away from this report is that Jamaica cannot relax its efforts to build a stronger more enabling business environment, the country still has a lot of work to do to improve its resilience to external factors, however, there is demonstrable evidence that work has started in this regard."
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