KINGSTON, Jamaica — Senior government official Senator Abka Fitz-Henley has expressed strong confidence in Jamaica’s economic trajectory for 2026, despite substantial setbacks caused by Hurricane Melissa in late 2025. The catastrophic weather event is estimated to have wiped out approximately 30% of the nation’s GDP, creating significant economic headwinds.
Fitz-Henley, serving as State Minister in the Office of the Prime Minister, acknowledged the hurricane’s severe impact while highlighting several positive economic indicators that support the administration’s optimistic outlook. He emphasized Jamaica’s demonstrated economic resilience, noting the Jamaican dollar has maintained remarkable stability over recent years and weeks despite external pressures.
The country’s National International Reserves remain robust at over US$6 billion, providing a substantial financial buffer. Most notably, the economy demonstrated impressive vigor with 5.1% growth during the July-September quarter, as officially confirmed by the Statistical Institute of Jamaica.
Recovery operations are proceeding with urgency, particularly in addressing housing crises caused by the Category 5 hurricane. The government has implemented a structured transition from immediate relief efforts to comprehensive residential recovery programs, specifically targeting Jamaicans who suffered roof losses during the storm.
Fitz-Henley confirmed that recovery operations continued throughout the holiday season, with funds collected through official channels being allocated to assist those with significant property damage. The administration has simultaneously established monitoring systems to ensure financial accountability and maintain the integrity of the reconstruction process.