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Caribbean & Central America - March 2011 (ISSN 1741-4458)

JAMAICA: Trying to wriggle out of IMF straightjacket

Jamaica has both a serious debt problem (with a debt-to-GDP ratio of 130%) and a serious growth problem.   Constrained by a US$1.27bn IMF Stand-by Agreement, Jamaica is struggling to improve its growth prospects and is hinting at moves that will be opposed by the international lender.

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