Finance Minister, Dr. Peter Phillips, says the government has long been preparing for the possibility of a fall-out in the PetroCaribe agreement.
Dr. Phillips was speaking with Nationwide News at the conclusion of the two-day High Level Forum on Unlocking Economic Growth in the Caribbean, held in Montego Bay, St. James.
He was responding to the warning by the Director of the IMF’s Western Hemisphere Department, Alejandro Werner, that the likelihood of a fall-out in financing from the preferential oil agreement with Venezuela has increased.
Meanwhile Dr. Phillips is hailing the two-day Caribbean growth forum as a success.
Dr. Peter Phillips, Minister of Finance, speaking with Nationwide News.
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