President Obama gives props to Usain Bolt, Shelly-Ann Fraser-Pryce
US President Barack Obama said he was honoured to be in the presence of Usain Bolt and Shelly-Ann Fraser-Pryce yesterday (April 9).
The sprinters were in the audience at a town hall meeting hosted by Obama at UWI, Mona campus.
Debt Write-offs Not the Best Solution; Grow the Economy
President Obama says debt write-offs aren’t the best solution for countries in Jamaica’s economic situation.
He was responding to the question of whether the United States was contemplating any kind of debt write-off for Jamaica in light of the country’s good performance under the current IMF programme.
The question was posed at the town hall meeting held at the UWI with young Caribbean leaders.
Mr. Obama says the best way to address Jamaica’s economic problems is to achieve sustainable growth.
President Obama says the government should work on creating a sound growth strategy.
He says multilateral partners like the IMF should also seek to accommodate such a sound growth plan.
Obama Announces $2billon+ Clean Energy Fund
President Obama has announced a multi-million dollar Clean Energy Fund to facilitate investment in clean energy projects in the Caribbean and Latin America.
It’s a 20-million US dollar facility. That’s worth more than 2-billion Jamaican dollars.
President Obama made the announcement this afternoon as he met with Caribbean leaders in a U.S.-CARICOM Summit in Kingston.
A statement on the website of the White House says the facility will provide early-stage funding to catalyze greater private and public sector investments in clean energy projects.
PM Says Thanks to Obama for Historic Visit
Prime Minister Simpson Miller thanked President Obama for his historic visit to Jamaica.
Mrs. Simpson Miller told Mr. Obama that many Jamaicans were hoping to get a chance to see his motorcade travelling from the Norman Manley International Airport in Kingston.
The Prime Minister says Mr. Obama’s visit sends a positive signal of the strong bilateral relationship that exists between Jamaica and the USA.
Mrs. Simpson Miller also thanked Mr. Obama for actions he’s taking to re-establish and normalise relations with Cuba.
She told Mr. Obama he’s ‘on the right side of history’.