Gov’t agrees to IMF preconditions

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Feb 12, 2013

KINGSTON, Jamaica, Observer - GOVERNMENT has agreed to a number of preconditions with the International Monetary Fund (IMF) as part of a requirement for an extended fund facility with the multinational. Some of the preconditions were announced last night buy the finance minister, Dr Peter Phillips, during a joint national broadcast to the nation with Prime Minister Portia Simpson Miller. They include: Tax waivers to go Minister says concrete steps will be taken to reduce and virtually eliminate discretionary tax waivers. Parliament will be provided with details today.

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