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Government to use stock market in privatisation programme

Finance Minister Dr. Peter Phillips has announced that the Jamaican Government will be using a different approach to its ongoing privatization programme. He disclosed on Tuesday that the Administration will be using the stock market as a vehicle for privatizing some of its assets, "especially when the index is at these record setting levels." Dr. Phillips said the intention was to get the private sector more involved in the delivery of services. He was speaking at the launch of Moneague Consultants in Kingston.