Head of the Department of Economics at the University of the West Indies Mona, Dr. Damien King, says he does not believe lowering the primary surplus target will lead the government to become delinquent in continuing the Economic Reform Programme.
Last week, the International Monetary Fund, IMF, lowered the controversial 7.5 percent primary surplus target.
It gives the government an extra $4-billion to spend this year, and $8-billion next year.
Dr. King says there’s no reason to believe the integrity of the programme will be compromised.
He says an understanding is needed of how the primary surplus is calculated.