Former Finance Minister, Dr. Peter Phillips, says the implementation of the IMF backed austerity programme contributed to the PNP’s defeat at the polls.

He was speaking today on Cliff Hughes Online on Power 106. But according to Dr. Phillips, the defeat presents an opportunity for the renewal of the PNP.

Dr. Phillips says nobody in the PNP saw defeat coming on February 25.

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He says the PNP is a party which must now get reacquainted with its core values and defining principles.

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Dr. Phillips served as the party’s Campaign Director in the run up to the February 25 elections.

He admits that the party lost the support of some Jamaicans because of the tough economic programme it had been implementing since 2013.

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But what about the issue of Andrew Holness’ family home and the PNP’s apparent fixation with the topic on the campaign trail.

Dr. Phillips says he dropped the issue when it became apparent that the PNP had left him to continue that line of attack alone.

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Cliff asked Dr. Phillips to reveal who in the PNP decided that the party would not participate in pre-election debates.

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