Phillips says new IMF deal in sight

Finance Minister Dr Peter Phillips says Jamaica is on course to resume a relationship with the International Monetary Fund (IMF).



He says so far, the dialogue has been more than a negotiation, since it is also aimed at getting help for a reform programme.



According to Dr Phillips, at the centre of the talks, is consideration for the development of a social programme to protect the vulnerable.

Dr Phillips also says recent meetings with the IMF were not held on the basis of any pre-condition.



However, the minister says as the Government prepares to enter intense discussions with the IMF in a matter of days there are several things it must do.



radio@gleanerjm.com