Where has all the money gone !

JAMAICA passes third IMF test read the headline in The Gleaner of March 20, 2014. The report went on to comment inter alia: “The International Monetary Fund (IMF) has confirmed that Jamaica has passed the third test under its economic support programme, which enables the country to benefit from a disbursement of US$71.4 million.”

Nowadays it seems that the mere passing of an IMF test is a splendiferous achievement for many people, and this Administration in particular. Having read the story, the thought occurred to me: we have been passing and failing IMF tests for over 40 years, and then the inevitable question came. What have we got as a country to show for it?

http://www.jamaicaobserver.com/columns/A-fleeting-illusion—Where-has-all-the-money-gone-_16366011

 

Take a good look at the chart and see the sorry story of the management of the PNP over the years.