KINGSTON, Jamaica, CMC – Jamaica says it is confident the island will start to see economic growth as it implements the multi-million Economic Reform Programme (ERP) with assistance from the International Monetary Fund (IMF).
Finance Minister Dr. Peter Phillips is urging citizens to support the ERP, which aims to reduce the country’s debt, and set a platform for growth.
He told a Manchester Chamber of Commerce Biz Clinic 2013 Forum recently that while the programme’s implementation was a pre-requisite for concluding the new US$932.3 million four-year IMF’s Extended Fund Facility (EFF), it is also a “requirement for us to put our economy on a firm footing to achieve sustained levels of growth”.