Day: February 4, 2010

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IMF Approves $1.25 billion Stand-by Loan to Jamaica

The International Monetary Fund has approved a US$1.25 billion loan to support Jamaica’s economic reforms and help the country cope with the consequences of the global financial crisis, Trevor Alleyne, the IMF’s mission chief to the island announced in Washington, Thursday. Alleyne said the executive board approved the loan Thursday and the period to be …

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Mark Lee

About Mark Lee

Editor, author and writer with career spanning print, radio, television and new media.

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Jamaica lands $500M China Deal

The governments of Jamaica and China have signed agreements valued more than US$500 million, a release from the office of the island’s prime minister said Thursday. The agreements cover the construction of affordable housing, road repair and rehabilitation as well as shoreline protection and rehabilitation on the Palisadoes roadway which links the island’s main airport …

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Puppets of the IMF

David Comissiong, president of the People’s Empowerment Party (of Barbados) argues that the island and other Caribbean countries are becoming puppets of the International Monetary Fund (IMF) and marginalising their vulnerable populations.

David Comissiong

About David Comissiong

David Comissiong is a Barbadian attorney-at-law and political activist.

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