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ID-80-40 1 (1980-07-17)

handle is hein.gao/gaobabauk0001 and id is 1 raw text is: 



BY THE COMPTROLLER GENERAL

Report To The Honorable

Richard S. Schweiker



OF THE UNITED STATES


U.S. Response To Jama ica's Economic Crisis


                 RESTRICTED ..ot to he r     ,
   RELEASED      Acountng0;1, No,.    t o e   a.sd otside the a l
                   .....        Congresional Relaton specificap




This report deals with the extent to which
economic deterioration and political prob-
lems in Jamaica hinder the Agency for Inter-
national Development from having a success-
ful program of project assistance and bal-
ance-of-payment support. GAO found that
the projects are experiencing several prob-
lems, some of which are due to the economic
conditions. For the most part, the problems are
manageable. However, given Jamaica's lack
of financial and managerial resources, the pro-
jects will surely suffer if the Jamaican economy
deteriorates further. GAO also found that the
Agency's monitoring and evaluation of U.S.
support to Jamaica through the Caribbean
Development Facility  is inadequate and
has recommended improvements.







                                                                 112858


              I.g



                                                                      I D-80-40
    'ICICOU 41~                                                   JULY 17, 1980

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