Jamaica: Staff Report for the 2002 Article IV Consultation and a New Staff-Monitored Program
IMF Staff Country Reports, September 11, 2002
Source details
- Canonical URL
- Jamaica: Staff Report for the 2002 Article IV Consultation and a New Staff-Monitored Program
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Bibliographic details
- Published: September 11, 2002
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451820096.002
Summary and Purpose
- Focus: the 2002 Article IV Consultation and a New Staff-Monitored Program (SMP) for Jamaica.
- Government request: a new SMP for FY2002/03 to build on prior progress.
- Program objectives:
- consolidate gains in macroeconomic stabilization and adjustment achieved to date;
- lay the foundations for sustainable, strong economic growth that would further reduce poverty.
Background: Prior SMP and Fiscal Years
- Previous SMP undertaken in June 2000 for FY2000/01–2001/02.
- Purpose of the June 2000 SMP: tackle the heavy public sector burden and restore economic growth.
Key Themes and Policy Focus
- Macroeconomic stabilization and adjustment consolidation.
- Foundations for sustainable, strong economic growth with poverty reduction.
- Coverage areas indicated under "Subject":
- Central banks
- Economic sectors
- Expenditure
- External debt
- Open market operations
- Public debt
- Public sector
Keywords and Analytical Emphases
- Keywords listed: anti-crime initiative, Caribbean, CR, debt stock, economy, exchange rate, GDP, government, ISCR, Jamaican authorities, Open market operations, price spiral, Public sector, stabilization policy, wage demand.