Jamaica has reached a staff-level agreement with the International Monetary Fund (IMF) for access to US$1.7 billion.
IMF's executive board will consider Jamaica’s request for the funds, under two of the multilateral’s instruments, the Pre
Despite successive records in monthly tax revenue, the cap means government can only increase spending by the previous year's inflation rate. Leftist President-elect Luiz Inacio Lula da Silva, who will be sworn in on Jan. 1, promised to abolish the rule.
JAMAICA has reached a staff-level agreement with the International Monetary Fund (IMF) that will open access to US$1.7 billion under two loan agreements a Resilience and Sustainability F.