Jamaica teeters on an economic precipice after years of stagnation

Virtually every Jamaican is feeling the impact of a protracted economic stagnation, now exacerbated by the austerity mandated by an International Monetary Fund bailout signed earlier this year.

Jamaica is already a serial IMF programme failure. Among the international organisations that jointly bankrolled the recent rescue – the IMF, World Bank and the Inter-American Development Bank – there is some private scepticism that Jamaica will succeed this time.

http://www.ft.com/cms/s/2/bcf50174-5782-11e3-b615-00144feabdc0.html#axzz2nmCdskMR

The PNP is leading Jamaica on the right path !