Over the next three years, Jamaica should reduce its debt to GDP ratio to about 100-percent.

That’s one of the targets under the new precautionary Standby Arrangement with the International Monetary Fund, IMF.

Newly-appointed Co-Chair of the Economic Programme Oversight Committee, EPOC, Keith Duncan, says this will require the country to continue on a path of fiscal responsibility.

[audio_mp3 url=”https://nationwideradiojm.com/wp-content/uploads/2016/11/Duncan-on-staying-responsible-22NOV2016.mp3″]

On Monday, Prime Minister Andrew Holness announced that the new arrangement with the IMF will be monitored by three groups.

These are EPOC, the Public Sector Transformation Oversight Committee, P-STOC and the Economic Growth Council.

Mr. Duncan says he’ll ensure coordination among all three Committees.

[audio_mp3 url=”https://nationwideradiojm.com/wp-content/uploads/2016/11/Duncan-on-EPOC-22NOV2016.mp3″]

–30–