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Showing posts from October, 2016

Jamaica 2016 IMF Stand-By Arrangement

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2010: Stand-By Arrangement,  US$1.25 billion 2013: Extended Fund Facility,  US$932.3 million 2016: Stand-By Arrangement, US$1.64 billion Jamaica and the International Monetary Fund reached an agreement to make $1.64 billion in funding available over the next three years as the government seeks to further cut one of the world’s highest debt loads while jump-starting a sluggish economy. The stand-by agreement, announced Thursday, would make $430 million available immediately after the IMF board approves it next month. It replaces a four-year IMF loan that Jamaica took on after it restructured debt in 2013. Andrew Holness said: “Our request to move to a precautionary arrangement is a sign of strength and reflects the policy credibility and strong macroeconomic management of the Jamaican government,” “Jamaica has made commendable progress in its economic adjustment program over the past three and a half years,” said Alejandro Werner, IMF’s director for the W...

Hurricane Matthew Destruction today, Rebuilding Tomorrow

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What I love about software development is the process of designing a system, trying to think about all possible permutation of what could go wrong, the edge cases then design and code for it. I also love the feeling of unleashing my creations on the world, in that regard I suffer from a little bit of the god complex, knowing that my children, my creations are still running, still alive and still changing the world. What I love about the permaculture method of agricultural is the process of designing a food production system that mimics nature. Hijacking the natural world and using it for food production because nature has everything figured out, it is the most efficient system. This method requires patience and a deep respect for the natural world because what nature gives you on one hand, nature can take back with the other. But it is all part of the natural plan, it is nature’s way of replenishing the earth. What looks like destruction today is a rebuilding process tomorrow as n...