The Newsday reports that property mogul Kenneth Sharpe has urged government to continue using the United States dollar after 2025.
This comes after the government said it will de-dollarise in 2025 to maintain economic stability.
Sharpe said the sustainability of the growth of the GDP can only be possible with a stable currency unit.
“We need to see the continuation of a stable currency unit in this economy to continue to grow it,” he said.
Kenneth adde that the US dollar is probably about 70% to 80% of the economy, “which means that the growth that has taken place is courtesy of the US dollar.”
