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Finance minister in Washington, Jamaica's macro-economic and fiscal path to be discussed

Published:Tuesday | September 2, 2014 | 10:11 AM

Minister of Finance and Planning Dr Peter Phillips is in Washington, DC where he is expected to engage officials from the US Treasury, US State Department, the International Monetary Fund, the Inter-American Development Bank and the World Bank in a series of discussions.



Phillips left the island yesterday.



The Ministry stated that the meetings and technical discussions are expected to focus on the macro-economic and fiscal path that Jamaica is pursuing in order to realise economic growth and development, the recent performance of the Jamaican economy and achievements under the IMF four-year Extended Fund Facility.



It divulged that the delegation will also engage in discussions with these organisations on how each of them can tangibly continue to support Jamaica's development, particularly in terms of the financing of growth objectives and debt reduction initiatives.



Phillips is accompanied by the Governor of the Bank of Jamaica, Brian Wynter, the Director General of the Planning Institute of Jamaica, Colin Bullock and Financial Secretary, Devon Rowe.



He is scheduled to return to Jamaica on Thursday.



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