Search

traduire/vertaal

enfrdeitptrues

IMF AGREEMENT SIGNED WITH JA Featured

Archive Written by  CONTRIBUTED Friday, 15 February 2013 12:23 font size decrease font size increase font size 0
Rate this item
(0 votes)
    The International Monetary Fund (IMF) and Jamaica have reached an agreement on the Extended Fund Facility (EFF), a release by Head of the IMF mission to Jamaica, Jan Kees Martijin said.  
 
The following is the bulletin from the IMF:
 
 
“The mission has reached a staff-level agreement with the Jamaican authorities on the key elements of an economic program that can be supported by a 48-month arrangement under the Extended Fund Facility (EFF), in the amount equivalent to SDR479 million (about US$750 million or 175 percent of quota). We have agreed on understandings that are reflected in the authorities’ economic program, as stated in the Letter of Intent that will be reviewed by IMF Management and finalized before the agreement is approved. Staff envisages that the IMF’s Executive Board would consider the proposed arrangement under the EFF by the end of March, subject to the timely completion of prior actions to be taken by the Jamaican government and obtaining necessary financing assurances.
 

 

Read 2777 times

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.

Download our Free App

This Day in Dancehall History

June 20 2013 0

MACKA GETS NAUGHTY!!!!!!

one876entertainment was able to scoop these sexy Macka Diamond photos during her video shoot for her latest Twist Me single earlier this week in Spanish…

Latest Comments