Summary


Mr. [Karl Samuda] had asked for an explanation for the absence of any funds allocated to the Governments "subscription" to the IMF in the 2005/2006 Estimates of Expenditure.

"Is it that it's not due or there is none required?", Mr. Samuda asked before being informed by the Finance Minister of the state of the Government's debt obligations.

"Quite seriously, I think the whole country would want to applaud the fact that we no longer owe anything under the EFF (enhanced fund facility) to the IMF," said Dr. Peter Phillips, Leader of Government Business.

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Extract


Ja Imf-Free

THE GOVERNMENT has cleared all of the nation's outstanding debts to the International Mone...

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