Jamaica’s major entertainment players breathe sigh of relief as industry reopens today

Home*Cover Story*Government

Jamaica’s major entertainment players breathe sigh of relief as industry reopens today

Jamaica’s major entertainment players are breathing a huge sigh of relief after the industry was reopened today after being shuttered for two years due to the novel coronavirus cases.

Gary Matalon — major shareholder in Kingston Live Entertainment (KLE) Group Limited, operators of live entertainment venue Usain Bolt’s Tracks and Records — said he was delighted by the relaxation of measures, but is encouraging the Government to put a plan in place in the event of another spike.

During his contribution to the 2022/2023 Budget Debate in Parliament Prime Minister Andrew Holness announced that, effective today, Jamaica’s entertainment industry is fully reopened. He also said that, for the following six months, permit fees will see a 50 per cent reduction.

Holness further said the Development Bank of Jamaica will allot a total of $500 million as ‘start up’ grant loans for vendors who contribute to the entertainment industry, as well as small and medium-sized enterprises.

COMMENTS

WORDPRESS: 0
DISQUS: 0