Public Sector Job Cuts Coming Soon; Announced Prime Minister Andrew Holness

Prime Minister Andrew Holness has reaffirmed his government's commitment to a public sector transformation exercise, including job cuts, as a major component of  Jamaica's new Standby Arrangement with the International Monetary Fund (IMF).

News came on Thursday of  the Jamaican Government's intention to enter into a three year deal with the IMF.

The issue of  job cuts has long been discussed by the current and previous administrations, but the process has never been completed.

Mr. Holness, speaking to journalists at the IMF's media briefing, affirmed the government's position, that "there will be some jobs that, by virtue of being more efficient, by virtue of being more virtue, would not need to exist."

He stressed, however, that "this is not a process that is going to happen tomorrow."

He said other strategies for greater efficiency will also be pursued, such as early retirement.

Source: RJR News

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