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NHT refund hit right in time

Endangered Middle-Cla$$

1,683 subscribers

46,127 次观看 • 6 个月前 •via X (Twitter)

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Mek me tell unuh somu... u see all a unuh weh sey NHT deductions is a waste a time.. it betta unuh ask somebody fe show HOW fe mek NHT work fe u. Just ask.. go in to NHT and sit down with them. Low-income earners have THE MOST to gain from the system.. trust and believe

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According to the Ministry of Finance, for the financial year ending 2024, the NHT collected JM$43.061 billion in income and spent JM$12.946 billion in operating expenses. These figures are shocking as the average number of housing completions by the NHT from 2018 to 2022 is 2157 per annum.. (Economic and Social Survey of Jamaica 2022) Additionally, the NHT generated a surplus of JM$21.8 billion for the financial year 2023/2024. With an employed labour force of 1.27 million, the NHT is delivering less than 0.18% of houses or 'housing completions' for our working population. So, instead of building houses for our people, the NHT is taking a percentage of workers' and employers' salaries to build cash in the bank. Yet NHT executives are making substantial salaries annually.

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