Jamaica: Tenth Review Under the Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Jamaica

December 17, 2015

Preview Citation

Format: Chicago

Jamaica: Tenth Review Under the Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Jamaica, (USA: International Monetary Fund, 2015) accessed November 22, 2024

Summary

This paper discusses Jamaica’s Tenth Review Under the Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria (PCs). Macroeconomic stability continues to strengthen. Inflation and the current account deficit have fallen to historical lows, a product of the low oil prices as well as the ongoing economic adjustment. The program remains on track. All PCs for end-September 2015 and structural benchmarks for the review period were met. Based on the authorities’ continued strong program implementation and their forward-looking policy commitments, the IMF staff recommends completion of the tenth review.

Subject: Economic sectors, Expenditure, Public debt, Public financial management (PFM), Public sector, Revenue administration

Keywords: Caribbean, CR, Debt, Debt projection, Debt target, EFF arrangement, Global, Growth-enhancing capital expenditures, ISCR, Liquidity increase, Liquidity injection, Public sector, SDR

Publication Details

Pages:

68
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2015/343
Stock No:

1JAMEA2015004
ISBN:

9781513597645
ISSN:

1934-7685

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