Beyond the IMF — Solutions for growth
KINGSTON, Jamaica - FOR the last 40 years, Jamaica has continued to suffer from a low growth rate, which averages approximately of 0.8 per cent per annum. The national debt now stands at $1.7 trillion, about 140 per cent of our GDP, which has effectively forced us to return to the International Monetary Fund (IMF) for financial assistance. The tragic state of our economy is further compounded by a high energy bill, declining productivity, and an import bill that is unsustainable.