Wed | Aug 23, 2017

JLP would continue with IMF programme - Shaw

Published:Friday | October 2, 2015 | 10:21 AM
Audley Shaw says while a JLP Government would continue to honour the IMF obligations it would introduce growth inducement strategies that will spur greater investment by the private sector.

Opposition Spokesman on finance Audley Shaw has given a commitment that the Jamaica Labour Party (JLP) will continue to honour the country’s obligations under the current deal with the International Monetary Fund (IMF).

The Portia Simpson Miller-led administration last month passed its ninth assessment under the four-year extended fund facility.

However, the JLP has consistently criticised the government’s handling of the programme, saying the government has passed IMF tests while failing the people’s tests.

Speaking at the JLP’s Prosperity Live series in Mandeville last evening, Shaw continued to be critical of the government’s achievements.

 

Opposition spokesman on finance, Audley Shaw.

He says while a JLP Government would continue to honour the IMF obligations it would introduce growth inducement strategies that will spur greater investment by the private sector.

Among these is a commitment to re-instate the Junior Stock Exchange; reduce transfer tax and stamp duties; implement the Logistics Hub; and offer investment tax credits to first-time home owners.