IMF Team Agrees To Lowering Of Primary Surplus Target
The International Monetary Fund’s (IMF) Executive Board is expected to consider a Staff Level Agreement reached with the Government of Jamaica, to lower the primary surplus target by 0.5 per cent of the Gross Domestic Product (GDP) by the 2016/17 fiscal year. Once approved, when the Board meets in December, this would result in an additional $4 billion for 2015/16,...









