There will not be a new standby agreement between the International Monetary Fund and Jamaica before the year ends, according to the fund's mission chief in the Caribbean nation.
"The current timetable envisages that the IMF's executive board would consider Jamaica's SBA early in the new year," Trevor Alleyne said in a statement obtained by The Gleaner.
Allyne said the fund is closely coordinating with the government as it finalizes the country's economic program in a letter of intent. This document, he added, will be subject to review by the IMF management.
