Latest News

IMF update due today

Friday, October 05, 2012 | 9:17 AM    

Print this page Email A Friend!

KINGSTON, Jamaica — The nation will get an update this morning on the Government’s two weeks of talks with the International Monetary Fund (IMF).

A wrap-up press conference will be held in Kingston this morning to share preliminary outcomes of those significant meetings with stakeholders.

An agreement with the IMF means the country can get budgetary support from the Fund and also have easier access to loans at better rates from international lending agencies.

The IMF has been on the island since September 24 to conduct negotiations towards a new agreement.

Finance minister Peter Phillips, had said a deal could be struck by year end.

However, Prime minister Portia Simpson Miller said she was unable to say when a deal was likely at her party’s annual conference.

Like our Facebook page

Follow us on Twitter





1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper – email addresses will not be published.

2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.

3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.

4. Please do not write in block capitals since this makes your comment hard to read.

5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed:

6. If readers wish to report offensive comments, suggest a correction or share a story then please email:

7. Lastly, read our Terms and Conditions and Privacy Policy

comments powered by Disqus


Do you think an increase in JUTC bus fares is justified at this time?

View Results »


Today's Cartoon

Click image to view full size editorial cartoon