‘EPOC May Continue’ – Williams


State Minister in the Ministry of Finance, Fayval Williams, says the Economic Programme Oversight Committee, EPOC, may continue its monitoring under the new IMF Precautionary Standby Arrangement if it so wishes.

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EPOC Co- Chair Richard Byles, last week, told journalists he was still uncertain as to what was the government’s plans for the body beyond the concluded Extended Fund Facility, EFF .

Meanwhile Mrs. Williams also says Jamaica will now forgo the last two draw downs under the EFF due to the new agreement.

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