Prepare for external shocks
Jul 08, 2013
KINGSTON, Jamaica, CMC - The Opposition Jamaica Labour Party (JLP) has urged the Portia Simpson Miller led administration to devise a plan for shocks that could jeoparise the deal currently in place with the International Monetary Fund (IMF).
During Friday’s sitting of the Upper House, Opposition Senator, Dr. Christopher Tufton moved a motion stating that the government needs to examine how natural disasters may affect its ability to retain IMF funding.
“I refer to natural disasters - primarily hurricanes and droughts, but also some manmade catastrophes which I believe should have been included as part if this plan with the International Monetary Fund and other multinational partners.”
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