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‘Jamaica’s FDI well below global average’

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JAMAICA underperformed the global average in foreign direct investment (FDI) recovery, according to a new report by UHY Chartered Accountants.

The country’s FDI, relative to its economic output, wasn’t even close to the average achieved by nations. On average, countries attracted FDI equivalent to 17 per cent of their economic output in the five years since the “credit crunch”, while Jamaica attracted 2.5 per cent.

Published in the Jamaica Observer
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