The International Monetary Fund,IMF, in a statement have outlined several possible issues that may affect Jamaica’s future growth and development if action isn’t taken now. In order to address these issues, the IMF suggested a tightening of the Bank of Jamaica, BOJ, policy rates, strengthening of supervision for financial conglomerates and also gave a recommendation to the government to resist demands to increase wages for public sector workers and so on. Well the IMF Mission Chief for Jamaica, Bas Bakker is here to discuss.
And THE ANALYSTS weigh in on the latest market developments…Carib Cement shareholders are not happy about the company’s plans… to start paying royalties to parent company, Cemex, to use its trademarks and other intellectual property. And CVS, one of the largest pharmacy chains in the US, is planning to close 900 shops over the next three years to focus on health services. We’ll discuss.
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