IMF delay - Phillips says ‘contingent’ talks holding up deal
Mar 20, 2013
KINGSTON, Jamaica - FINANCE Minister Dr Peter Phillips told Parliament yesterday that 'contingent discussions' are holding up submission of the Government's programme to the International Monetary Fund (IMF) board for approval by month end.
"There are some contingent discussions now taking place between the Fund, the Inter-American Development Bank (IDB), and the World Bank regarding the extent of the commitment from each institution to support the IMF programme (for Jamaica)," Dr Phillips said.
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