PBCJ to Re-Broadcast Address to the Nation at 2:00 p.m. and 8:00 p.m. today

The address to the nation by Prime Minister, the Most Hon. Portia Simpson Miller and Minister of Finance and the Public Service, Dr. the Hon. Peter Phillips will be re-broadcast on the Public Broadcasting Corporation of Jamaica (PBCJ) at 2:00 p.m. and 8:00 p.m. on Tuesday, February 12.

The address was first broadcast on all local stations on Monday, February 11.

In the broadcast, Prime Minister Simpson Miller announced a second National Debt Exchange Offer, which was launched on Tuesday February 12.

Other measures are to be taken by the Government of Jamaica in the pursuit of an Extended Fund Facility from the International Monetary Fund (IMF).

Additionally, the Finance Minister outlined a raft of measures that will be enacted under the Economic Reform Programme as well as the establishment of an Oversight Committee that will ensure all branches of the public sector fall in line with the programme.

Dr. Phillips noted that the Economic Reform Programme, for which the Government was seeking support from the IMF, has, as its major objective, the reduction of public debt in order to achieve sustained economic growth and job creation.