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THE Government has expressed confidence that the country's economy is in a good enough state to enable it to pass the second International Monetary Fund test, which comes up in roughly another week.
"We are guardedly optimistic on the basis of the recent indications we have had about the economy's turn, a turn that we have not seen. This country is looking at interest rates now that are the lowest in 28 years," Prime Minister Bruce Golding remarked on Tuesday while seeking the approval of Parliament for the extension of the State of Emergency for Kingston and St Andrew and announcing the inclusion of St Catherine.
"We are now having to respond to the pleas of the exporters and the hoteliers that we are to do something to prevent the dollar from gaining anymore," he said.
"I received my fortnightly briefing from the (finance) Minister and his team on Wednesday of last week regarding the performance of the economic programme. We have a quarterly test that will be upon us within another week and while we don't celebrate until after the results are announced I will only say to you that having received the briefing of the Minister I am awaiting the June test without any trepidation," Golding added.
Gwaan Drivah... guide us out of this PNP Nightmare...
"We are guardedly optimistic on the basis of the recent indications we have had about the economy's turn, a turn that we have not seen. This country is looking at interest rates now that are the lowest in 28 years," Prime Minister Bruce Golding remarked on Tuesday while seeking the approval of Parliament for the extension of the State of Emergency for Kingston and St Andrew and announcing the inclusion of St Catherine.
"We are now having to respond to the pleas of the exporters and the hoteliers that we are to do something to prevent the dollar from gaining anymore," he said.
"I received my fortnightly briefing from the (finance) Minister and his team on Wednesday of last week regarding the performance of the economic programme. We have a quarterly test that will be upon us within another week and while we don't celebrate until after the results are announced I will only say to you that having received the briefing of the Minister I am awaiting the June test without any trepidation," Golding added.
Gwaan Drivah... guide us out of this PNP Nightmare...
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