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Showing posts with the label Daune Smith

Jamaica’s finance minister for top IMF post. Opposition says it smells a rat

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Jamaica’s Minister of Finance, Nigel Clarke is leaving his post to become one of the deputy managing directors of the International Monetary Fund ((MF) and once he does, he would be the highest ever Caribbean national to hold such a senior position. But even as he winds down before heading to Washington at the end of October, the main opposition People’s National Party (PNP) while congratulating him, wants to know if he is abandoning Andrew Holness’ cabinet as polls are showing that the governing Jamaica Labor Party (JLP) is trailing the PNP ahead of general elections scheduled for next year. Clarke announced his impending departure in the past week and will become the only national of the Caribbean and Central America to hold the post of deputy. “Dr. Clarke’s departure comes at a critical juncture for our country as we face serious economic challenges, including the spiraling cost of living and the negative growth impact of the recent hurricane. The timing of Dr. Clarke’s de...