PSOJ: Corporate sector revival expected with lifting of DRMA

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The Private Sector Organization of Jamaica (PSOJ) says it expects a revival of the business sector following the withdrawal of the Disaster Risk Management Act (DRMA).

The organization noted that the move would lead to increased economic activity for entertainment-related businesses as the country enters the Easter and summer seasons.

Prime Minister Andrew Holness announced last Thursday that effective March 18, 2022, all protocols under the DRMA, including curfews, will be withdrawn.

“These announcements constitute the fulfillment of earlier indications from the Prime Minister to act in accordance with current international guidelines in response to the progress of the pandemic and to relax certain restrictions,” the PSOJ said in a statement.

The PSOJ said the announcement bodes well for individuals and businesses.

“A positive ripple effect is also expected for the country’s tourism product, as many visitors will now be allowed to enjoy a wider range of what the island has to offer and keep us in place with our global partners,” he said.

The PSOJ further expressed satisfaction with the preliminary plans announced to help the entertainment sector, including the directive given to the CHASE fund to set aside $150 million to support stakeholders. The entertainment sector has suffered significant losses during the pandemic, along with the support of municipalities to reduce permit fees by 50% for small promoters and event organizers.

Although the DRMA is being withdrawn effective March 18, 2022, the Public Health Act Regulations still encourage a strong sense of individual responsibility.

“We would like to remind citizens that it is always important to remain cautious and assess their health risks; adhering to frequent disinfection, wearing masks, getting vaccinated, and showing a great sense of care for the most vulnerable and those with co-morbidities.

The PSOJ also recommends that COVID-19 testing continue across the county, with penetration of areas where spikes are being recorded.

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