Debt programme necessary, effective, but insufficient, says CaPRI
KINGSTON, Jamaica, Observer - THE Caribbean Policy Research Institute (CaPRI) has concluded that Jamaica cannot do without the proposed loan agreement with the International Monetary Fund (IMF) at this time. However, the think tank, established to promote evidence-based policy dialogue within Caribbean societies, says that, while the Government's debt reduction programme is necessary and effective, it is "insufficient" to ensure that the country gets on a path of fiscal sustainability.