Public-sector reform plan needs approval this month – Byles
Co-Chair of the Economic Programme Oversight Committee, Richard Byles, is stressing the importance of Cabinet approving an implementation plan this month for the public-sector reform process.
Byles was speaking at the monthly press briefing of the committee in New Kingston, yesterday.
He notes that in addition to quantitative targets, such as the primary surplus, Jamaica’s Extended Fund Facility agreement with the International Monetary Fund (IMF) also has qualitative targets.
He says the reform is one of those qualitative benchmarks.
The implementation plan for the reform is expected to include detailed timelines for the introduction of shared corporate services for communication and human resource management; as well as the merger, abolition or privatisation of public entities.
Jamaica’s four-year Extended Fund Facility relationship with the IMF will come to an end in April 2017.