IMF team arrives for two week visit

Jamaican and IMF officials are to continue discussions here over the next two weeks towards securing an agreement

An International Monetary Fund (IMF) staff mission will be in the country for the next two weeks.

The team headed by Jan Kees Martijn, will be here from today February 4 to next week Friday February 15.

A statement from the finance ministry says the mission follows extensive discussions between Jamaican officials and representatives of the IMF in Washington, D.C.

It is part of efforts to reach a staff level agreement regarding a letter of intent for Jamaica.

The ministry says this this will form the basis of Jamaica’s submission to the IMF board for approval of a four-year extended fund facility at the earliest possible time, following completion of prior actions to be agreed.

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