KINGSTON, Jamaica, CMC – The Jamaica government says it is close to finalising negotiations for the long-awaited Stand By Agreement (SBA) with the International Monetary Fund (IMF).
The National Executive Council (NEC) of the ruling People's National Party (PNP's) met on Sunday and afterwards PNP chairman, Robert Pickersgill, told reporters that it will not be business as usual as the country prepares to enter into a new agreement .
Pickersgill said that Finance Minister Dr. Peter Phillips had briefed the NEC on the state of the negotiations.
