Recession ends

PRIME MINISTER Bruce Golding says the country has emerged from more than three years of recession.

Following 14 consecutive quarters of decline, the economy recorded modest growth in the January-March quarter.

"I am happy that I am able to confirm that Jamaica is now officially out of the recession, as in the January-March quarter the economy registered modest but positive growth of one per cent," the prime minister reported.

Golding said a detailed analysis of the out-turn and projection for the future would be presented by the Planning Institute of Jamaica at a press briefing on May 18.