JAMAICA-ECONOMY-IMF team arrives for another round of talks

KINGSTON, Jamaica, CMC - A team from the International Monetary Fund (IMF) arrived here on Monday for the latest rounds of negotiations with the Portia Simpson Miller administration. The mission follows extensive discussions by Jamaican officials with representatives from the Washington, D.C. based international lending agency as part of efforts to reach a staff level agreement regarding a Letter of Intent. This will form the basis of Jamaica’s submission to the IMF Board for approval of a four-year Extended Fund Facility following completion of prior actions to be agreed.