This discussion presents five ideas which will allow Jamaica to secure an IMF deal in the short-term, reduce Jamaica’s energy cost almost immediately and double Jamaica’s GDP in the next 10 years. 1. Sustainable Community and Skills Development Centre (SCSDC) Description: An actual SCSDC is a combination of a renewable energy (traditional) community center on steroids;…
Tag: Jamaica and IMF
The Jamaica & IMF Equation
The Equation: The following outline what I believe to be the most likely economic outcome if an agreement is not reached (soon), between Jamaica and the International Monetary Fund (IMF): Further exchange rate depreciation If the Government of Jamaica is unable to secure a deal - in short order - continued domestic concerns, weakening markets…