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News

IMF announcement tonight

Monday, February 11, 2013



PRIME Minister Portia Simpson Miller and Finance Minister Dr Peter Phillips will update the nation on the status of negotiations with the International Monetary Fund (IMF) in a joint broadcast tonight.

They are also expected to outline Jamaica's revised economic programme and reform measures.

The joint broadcast comes in the wake of the visit last Tuesday of the IMF staff mission to Jamaica when further talks were held in an effort to conclude a new agreement between the parties.

The IMF team, which departs on February 15, is being led by the Fund's mission chief for Jamaica, JanKees Martijn.

The Government is finalising a submission for approval of a four-year extended fund facility following the completion of several prior actions.

The broadcast will be carried on all media at 9:00 pm except CVM TV, which will air the address at 11:00 pm.



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