Fri | Dec 2, 2016

Jamaicans split on IMF deal

Published:Monday | October 13, 2014 | 5:24 PM

KINGSTON, Jamaica:

Jamaicans are split on how good a job the Government did in negotiating the country’s current agreement with the International Monetary Fund (IMF).




Twenty-nine per cent of respondents to the latest Gleaner-commissioned Bill Johnson poll had a favourable opinion of the deal negotiated by the Government.



However, 38 per cent had an unfavourable view of the four-year extended fund facility signed in 2013.



The Bill Johnson poll conducted from September 5 to 7 and from 13 to 14 shows that 17 per cent of respondents said the Government had done a bad job in negotiating the IMF deal while 21 per cent said it had done a very bad job.



Another 21 per cent said the Government had done a good job and 18 per cent said it had done a very good job.



Fifteen per cent said the Government had done neither a good nor bad job in negotiating the IMF deal and 18 per cent said they did not know.



In the meantime, the greatest effects being felt by Jamaican families as a result of conditions of the IMF deal are a rise in the cost of living and rising taxes.



Sixteen per cent of respondents said their family had been affected by rising taxes, 11 per cent pointed to the rising cost of living and 14 said things are getting too expensive and prices are rising.



Another 9 per cent said they have no money and are struggling to survive and 8 per cent said there is no work available.



The other effects reported by Jamaicans are the wage freeze, higher food prices, slipping dollar, inability to buy basic food items and reduced spending power.



The poll had a sampling size of 1,208 and a margin of error of plus or minus three per cent.



WATCH: THE GLEANER MINUTE




Follow us on Twitter:

@JamaicaGleaner



Follow us on Instagram:

jamaicagleaner



Watch our videos on YouTube:

Jamaica Gleaner



Email us: onlinefeedback@gleanerjm.com