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Government is in the final stages of preparing the budget for the next fiscal year, and all the wags say that there will be an increase in taxes.  But, will government have to take an IMF prescription for their fiscal shortfall?  According to the Minister of State for Economic Development, Investment, Trade and Commerce, there’s not going to be any IMF prescription: 

Hon. Tracy Taegar-Panton, Minister of State - Econ Dev, Trade & Commerce
"I certainly don't think that anytime in the near future we'll be having any prescription of the IMF. I know that we're looking at how we curtail and streamline expenses for the government that is important. You know we can't go bondholders if it's business as usual, we have to be sure that we are streamlining our own activities and I think that there will be a greater effort by government departments and ministries and all involved to streamline expenses so that we can use the money in areas like intervention and mediation and job creation and that kind of thing."