Kingston.
Jamaica has completed all prior actions required to successfully ink an agreement with the International Monetary Fund (IMF), according to information released after a retreat by the Cabinet over the weekend.
The release from the Prime Minister Office stated the said the country now awaits a report from the IMF regarding its discussions with other multilateral financial institutions.
It disclosed that Cabinet also agreed on the 2013-2014 Budget "in keeping with the IMF programme and the specific priority focus on economic reform, economic growth and social protection".
Minister of Information Sandrea Falconer told press details would be released at a later date.
"We are preparing for Budget, so we would not go into specifics now. It would be more when Minister (Peter) Phillips (minister of finance and planning) presents the Budget," she said.
Discussions around the growth agenda, including major projects and their funding, as well as their potential for job creation, are expected to take centre stage when the Cabinet meets again today.
