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Debt check - Government of Jamaica to roll out scheme this week - IMF letter of intent ready

Jamaica Gleaner "THE GOVERNMENT has started talks with key stakeholders in an effort to get buy-in to its medium-term economic programme and a planned debt-management scheme.

The debt-management scheme will be a key component of any deal which the Government strikes with the International Monetary Fund (IMF) and will involve domestic debt holders taking a cut in their interest rates.

Prime Minister Bruce Golding, Finance Minister Audley Shaw and other government ministers yesterday met with several interest groups as a precursor to a planned address to the nation by Golding tomorrow.

Among the groups summoned to Jamaica House were the opposition People's National Party, the Jamaica Bankers' Association, trade union leaders, and the media.

Other stakeholders are expected to have their moment with government officials today."

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