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Showing posts from September, 2022

Jamaica Eyes a Break from Monarchy

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Barbados and the IMF Amuses Jamaicans?

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The other day, the media published an article stating that Barbados will be going to the IMF for a loan. Many Jamaicans jumped on the post declaring that Barbados going to the IMF was a result of Barbados becoming a Republic. In fact, my fellow countrymen were overjoyed that the Republic of Barbados was already looking like a failure for going to the IMF. Some even tagged the Jamaican Prime Minister telling him to remain a Constitutional Monarchy and not become a republic. Barbados: History of Lending Commitments as of May 31, 2020 To many Jamaicans, a country going to the IMF is a sign of failure and Barbados was now to be ridiculed. All this was confusing to me because, Barbados had only gone to the IMF a total 3 time in their history (1982, 1992, 2018) and all 3 times, occurred when Barbados was a Constitutional Monarchy, and the Queen of the Monarchy of Barbados was Head of State. Jamaica: History of Lending Commitments as of July 31, 2017 On the other hand, Jamaica as a Constitu...