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By Antillean, Thursday, December 24, 2009
Jamaica’s prime minister, citing “public anger,” has reshaped a tax package required to obtain a $1.3 billion loan from the IMF by restoring an exemption on many basic foods and services and raising rates for the highest income earners.
In a broadcast to the nation late on Wednesday, Prime Minister Bruce Golding spelled out significant revisions to the government’s week-old tax package in response to what he called “loud and profound” opposition from the Jamaican people.
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