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JIS News

Finance and Planning Minister, Hon. Dr. Peter Phillips, will lead a delegation to the People Republic of China from September 9 to 15, for the ministerial seminar on Sustainable Economic Development for Developing Countries.

Minister with responsibility for Information, Senator the Hon. Sandrea Falconer, said while in China, Dr. Phillips will be engaged in meetings with authorities in the Chinese government, as well as officials in firms involved in overseas investments.

She said he will also hold discussions on existing loan agreements, possible future financing opportunities and the broader economic and financial relations between Jamaica and China.

Senator Falconer was addressing a Jamaica House press briefing at the Office of the Prime Minister’s Western Regional Office in Montego Bay on Friday (September 4).

Minister Phillips will be accompanied by Financial Secretary, Devon Rowe; Development Bank of Jamaica (DBJ) Managing Director, Milverton Reynolds; Technical Advisor, Helen McIntosh and Head of the International Monetary Fund (IMF) Coordination and Implementation Unit in the Ministry, Judith Green.

The estimated cost of the trip is $9.6 million.