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World Bank could devise programme for Jamaica 
Friday, 23 November 2007 
Talks aimed at identifying a possible debt relief programme for Jamaica are scheduled to begin next week with a team from the World
RJR News has been informed that the top level meetings will look at far reaching strategies aimed at reducing the country's which is inching towards the one trillion dollar mark.
The talks will involve senior officials of the Government and the World Bank team which is scheduled to arrive in early in the week.
At the end of September, public debt amounted to $973 billion.
This was a whopping $50 billion increase over the figure reported at the start of the in April.
$421 billion was in the form of external debt with the remainder due to local creditors.
While in Jamaica, the World Bank team is also expected to begin its study on corruption.
This is in keeping with a request made by Minister Audley Shaw when he met with top officials of the World Bank in Washington D.C. last month.
Mr. Shaw said the study was a necessary component of the Government's strategy to tackle the high levels of dishonesty and fraudulent practices in the country.
Friday, 23 November 2007 Talks aimed at identifying a possible debt relief programme for Jamaica are scheduled to begin next week with a team from the World RJR News has been informed that the top level meetings will look at far reaching strategies aimed at reducing the country's which is inching towards the one trillion dollar mark.
The talks will involve senior officials of the Government and the World Bank team which is scheduled to arrive in early in the week.
At the end of September, public debt amounted to $973 billion.
This was a whopping $50 billion increase over the figure reported at the start of the in April.
$421 billion was in the form of external debt with the remainder due to local creditors.
While in Jamaica, the World Bank team is also expected to begin its study on corruption.
This is in keeping with a request made by Minister Audley Shaw when he met with top officials of the World Bank in Washington D.C. last month.
Mr. Shaw said the study was a necessary component of the Government's strategy to tackle the high levels of dishonesty and fraudulent practices in the country.
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