The local entertainment industry has started feeling the effects of the recession with at least one major annual event being postponed.
Soca lovers will have to forego Jamaica Carnival this year as the organisers have decided to call off the event due to a lack of funding.
President of Jamaica Carnival, Julianne Lee-Samuels, says the event has been severely impacted by the current economic climate......
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No word on if the pre-Carnival events such as Beach Jouvert will be affected.
Stay tuned for more updates on this latest development.