JamaicaMemberNews

Westerners Support Debt-Reduction Plan – Business Leaders Say Gov’t Had No Choice

KINGSTON, Jamaica, Gleaner – STAKEHOLDERS IN western Jamaica say Government must now provide the nation with a comprehensive growth package to complement the measures announced by Prime Minister Portia Simpson and her finance minister, Dr Peter Phillips, earlier this week. In a broadcast to the nation, the prime minister and Phillips called for the financial sector and the entire country to support the measures, described as extraordinary, which are being employed to address the critical components required to meet the IMF (International Monetary Fund) agreement and the island's Debt Reduction Programme. “The country has been diagnosed, and I felt that what we got (Monday) night was the anaesthetics, the surgery is to come,” said Montego Bay businessman Mark Hart. “This is just the tip of the iceberg, and is among several things that must be done to address the problem.”

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