Jamaica: Eighth Review Under the Arrangement Under the Extended fund Facility and Request for Waiver for the Nonobservance of Performance Criterion and Modification of Performance Criteria

June 16, 2015

Preview Citation

Format: Chicago

Jamaica: Eighth Review Under the Arrangement Under the Extended fund Facility and Request for Waiver for the Nonobservance of Performance Criterion and Modification of Performance Criteria, (USA: International Monetary Fund, 2015) accessed November 23, 2024

Summary

This paper discusses Jamaica’s Eighth Review Under the Arrangement Under the Extended Fund Facility (ECF) and Request for Waiver for the Nonobservance of Performance Criterion (PCs) and Modification of PCs. Jamaica’s economic performance under the authorities’ economic program is on track and has remained strong. All PCs for end-March 2015 were met, with the exception of the central government primary balance criterion, which was narrowly missed. Structural reforms have advanced broadly in line with the program. The IMF staff supports the authorities’ request for completion of the eighth review of the arrangement under the ECF.

Subject: Bank credit, Credit, Economic sectors, Money, Public debt, Public sector, Revenue administration

Keywords: Accommodative monetary policy stance, Bank credit, CR, Credit, Disbursement of SDR, Exchange rate, Fiscal year, Global, IMF's Executive Board, Inflation trend, ISCR, Oil import cost, Public sector

Publication Details

Pages:

71
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/150
Stock No:

1JAMEA2015002
ISBN:

9781513532370
ISSN:

1934-7685

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