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JamaicaObserver.com: "IT is now official. Jamaica intends to return to a borrowing relationship with the International Monetary Fund (IMF) and will in September be seeking up to US$1.2 billion in a Stand-by Arrangement.

The announcement in the House of Representatives yesterday by Finance Minister Audley Shaw ended weeks of speculation on whether or not Jamaica would resuming borrowing from the Fund after more than a decade."

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