IMF Delegation Heading to Jamaica

By: - January 11th, 2012

By the Caribbean Journal staff

A delegation from the International Monetary Fund will visit Jamaica beginning Tuesday, Jan. 17, according to a release from the Ministry of Finance, Planning and the Public Service.

The delegation will meet with Finance Minister Dr Peter Phillips and his staff to discuss the current status of Jamaica’s economy and its medium-term prospects.

The meetings, which will also cover the new Jamaican government’s priorities, are aimed at identifying a work plan.

The IMF approved a $1.27 billion stand-by lending facility for the country in February 2010; that deal expires in May.

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