Jamaica Gleaner News "Political commentators and the parliamentary Opposition have identified a mixture of success and failures in the Jamaica Labour Party's (JLP) first 100 days in office.
Opposition Spokesman on Finance, Dr. Omar Davies, has sharply criticised the Golding administration on its handling of the economy. He argues that, while the increase in oil and other commodity prices is beyond the control of the Government, the depreciation of the local currency under the JLP's watch has 'compounded the external problems'. Indeed, he believes the instability in the foreign-exchange market provides 'perfect cover' for possible price gouging. Furthermore, Davies argues, the 'puzzling' hike in domestic interest rates is not caused by external factors."
Opposition Spokesman on Finance, Dr. Omar Davies, has sharply criticised the Golding administration on its handling of the economy. He argues that, while the increase in oil and other commodity prices is beyond the control of the Government, the depreciation of the local currency under the JLP's watch has 'compounded the external problems'. Indeed, he believes the instability in the foreign-exchange market provides 'perfect cover' for possible price gouging. Furthermore, Davies argues, the 'puzzling' hike in domestic interest rates is not caused by external factors."
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