Story Highlights

• Finance and the Public Service Minister, Dr. the Hon. Nigel Clarke, says multi-stakeholder acceptance and ownership of Jamaica’s proposed independent Fiscal Council will be key to its success.
• He pointed out that this has been manifested by the Government’s engagement of wide-ranging stakeholder groups who have been “active” participants in policy discussions.
• The Council is deemed pivotal to Jamaica’s engagements in the post-IMF era, which is anticipated will follow when the current US$1.7-billion Precautionary Stand-By Arrangement concludes in November 2019.