Jamaica: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Jamaica

May 7, 2007

Preview Citation

Format: Chicago

Jamaica: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Jamaica, (USA: International Monetary Fund, 2007) accessed November 23, 2024

Summary

This 2007 Article IV Consultation highlights that Jamaica’s economy is estimated to have achieved its best growth performance in over a decade during FY2006/07, which ended on March 31, 2007. Notwithstanding some recent moderation of momentum, the economy is estimated to have expanded by just below 3 percent in real terms, up from 2 percent the previous year and 0.4 percent the year before. Monetary policy remains focused on containing inflation while seeking to engender a sustainable reduction in interest rates.

Subject: Currencies, Economic sectors, Exchange rates, Expenditure, External debt, Foreign exchange, Public debt, Public sector

Keywords: BoJ cash loss, BoJ special issue, BoJ special issue bond, Caribbean, CR, Debt, Debt estimate, Draft FY 2007/08 budget, Exchange rates, Fiscal year, GDP, Global, Inflation rate, ISCR, Public sector

Publication Details

Pages:

58
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/152
Stock No:

1JAMEA2007001
ISBN:

9781451820201
ISSN:

1934-7685

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