Saturday, January 20, 2018

Jamaica’s PM on turnaround: It’s not finished*

Left—right, former Jamaica prime minister Bruce Golding, T&T’s Planning and Development Minister Camille Robinson-Regis, Premier of Nevis Vance Amory, Grenada Prime Minister Dr Keith Mitchell, International Monetary Fund (IMF) managing director Christine Lagarde, Jamaican Prime Minister Andrew Holness, a participant, and Deputy Prime Minister and Minister of Finance of Bahamas K Peter Turnquest at a Caribbean forum hosted by the IMF in Kingston, Jamaica, on Thursday. —Photo: Anthony Wilson

FOR decades, Jamaica’s economic performance was a sad joke at economic conferences, with its skyrocketing inflation, growing unemployment, stagnant growth and burgeoning debt creating a sense of despair at the country’s persistent poverty. Last week in Kingston, at a conference the institution she leads co-hosted with Jamaica, International Monetary Fund managing director Christine Largarde lavished praise on the Jamaican authorities for the “remarkable job” they have done in the last four years turning the economy around. 

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