November 6th, 2012
An agreement with the International Monetary Fund (IMF) has been the only solution I have heard Jamaica’s previous and current Government come up with for dealing with the country’s economic problems. Although the public has been constantly told that there is nothing to worry about and that the deal will be finalised soon, many issues have still not been resolved.
According to the current Government they are moving to take care of key areas that will impact the agreement with the International Monetary Fund (IMF). These areas include wage negotiations with the public sector unions, action on tax waivers and defining a satisfactory time frame for achieving the desired debt ratio.
However, since these negotiations have been going on for such a long time, I just wonder, what will happen if the IMF deal does not occur? Does the Jamaican Government have another plan in place? What do you think? It’s time again to have your say…