Jamaica has reached its targets according to the IMF

The IMF team pointed to the need for the implementation of an action plan to modernize tax and customs administration, with a stronger Large Taxpayers Office, an improved IT systems and performance measurement and actions to lower the cost of compliance for taxpayers and towards trade facilitation.

They also pointed to the establishment of an effective fiscal rule to enhance fiscal transparency and lock in the gains from fiscal consolidation; the further developing the financial system and strengthening the social protection framework, with enhanced efforts to move recipients from welfare to work.

Source: Caribbean360

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