PSOJ

Much has been said and written over the last several days and weeks about Jamaica’s prospective agreement with the International Monetary Fund, and most recently about last week’s rating action by Standard & Poors. It may surprise you then, that in making my remarks at this morning’s breakfast, I intend, important as they may be, to leave those particular topics alone. Instead I would propose to speak to certain fundamental and long‐standing economic issues, in the wider context of which any particular IMF agreement, or any S&P rating actions for that matter, are merely sideshows. ...