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Jamericans
Jamaica and the IMF - Printable Version

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+--- Thread: Jamaica and the IMF (/showthread.php?tid=101859)



Jamaica and the IMF - CardBoardBox - 07-25-2017

Due to the startling news story about the ambulance from JonTom, and a little searching, I found a 2013 story

https://www.theguardian.com/global-development/poverty-matters/2013/apr/16/jamaica-decades-debt-damaging-future

"Jamaica has repaid more money ($19.8bn) than it has been lent ($18.5bn), yet the government still "owes" $7.8bn, as a result of huge interest payments. Government foreign debt payments ($1.2bn) are double the amount spent on education and health combined ($600m)."

I know I QUOTED, in olden times, that 65% of government income was used to pay just the interest on outstanding debt so note that the above quote is more recent, plus the IMF has been pleased with progress for several years , even though I haven't been of the loans and gifts from China.

Some people (?) don't like the rules/conditions the IMF establishes. But I have to laugh when I read "It would really help us out if we didn't have to pay back the loan." (I made up the quote but not the sentiment.)


RE: Jamaica and the IMF - kylake - 07-27-2017

CBB, in your reply to Jon Toms thread you inspired me to also contact the IMF. If anyone else chooses to do so here is there contact page with various ways to contact them.
https://www.imf.org/external/np/exr/contacts/contacts.aspx


RE: Jamaica and the IMF - CardBoardBox - 07-27-2017

A person does what they can, or they chose not to.
You get a 'gold star' (Elementary school expression) for doing something Kylake.
It is possible no one at the IMF bothered to think about a legit emergency vehicle.

As for the number of broken ambulances, I did send the email to the Japanese in Kingston about the availability of spare parts months ago but there are so many aspects/people involved with getting a vehicle repaired, just one snag and it is FUBAR.
Who knows - maybe the brakes parts for the repair of the one ambulance are sitting on the whalf. Sarcasm: A life and death situation surely couldn't be resolved by finding one piece of paperwork sitting on someones desk.

I created this separate thread because I did not want to dilute the importance of the article JonTom mentioned. But this cancer of "benign neglect" could surly be addressed by some higher up via assigning someone to the problem of vehicle repair.

Perhaps telephones will come to Jamaica right after those traffic cameras for OneLoveDrive. (yea, another dig)