Thu | Oct 18, 2018

IMF leader to visit Jamaica again November

Published:Friday | September 15, 2017 | 3:54 PM

Managing Director of the International Monetary Fund (IMF), Christine Lagarde is expected to make her second visit to Jamaica in November, this time to participate in a high-level Caribbean forum.

A release from the Office of the Prime Minister said the IMF Managing Director will be among the participants of the forum, to be held in Kingston on November 16.

It said the IMF, in partnership with the Government of Jamaica, is organizing the forum, entitled "Unleashing Growth and Strengthening Resilience in the Caribbean".

The forum will focus on the unique issues the Caribbean region is facing and the opportunities that can be found within to cope with the changing global landscape.

Topics to be discussed include crime and youth unemployment, fiscal policy and political cycles, and financial stability and growth tradeoffs. 

The event, a follow-up to last year’s high-level conference in Trinidad and Tobago, will bring together heads of states from the Caribbean region, central bank governors, and other high-ranking officials from Caribbean countries, as well as the IMF’s Managing Director, senior IMF officials, and other international financial institutions.

The Eastern Caribbean Central Bank and private sector representatives will also be in attendance, the release said.

The IMF managing director visited Jamaica in June 2014 in the midst of the economic reform programme under the four-year extended fund facility pursued by the People’s National Party administration under Prime Minister Portia Simpson Miller.

She said then that broad support was essential and would have to be maintained to ensure continued progress and confidence.

Having ended her two-day working visit, she committed to Simpson Miller and then Finance Minister Dr Peter Phillips that "I will return to Jamaica to enjoy the beauty of Jamaica and to experiment with the tourism experience and to spend money".