IMF's official pleased with MoBay economic meeting
Alejandro Werner, the director of the International Monetary Fund's (IMF) Western Hemisphere Department, has described as a success, a recent high-level economic forum in Montego Bay, St James.
He says the meeting facilitated frank discussion on the fiscal challenges in the region and examined ways to improve growth, employment and social development goals.
The event, held in collaboration with the Government of Jamaica included representatives of the IMF, the World Bank, the Inter-American Development Bank, and the Caribbean Development Bank.
Regional Finance Ministers, public and private sector policymakers were also in attendance.
Werner has praised what he called the high level of participation and open discussion at the forum.
He said focus was placed on three critical areas - energy provision, tax incentives, and financial sector resilience - which are the greatest challenges to unlocking growth in the region.
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