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Jamaica : Sixth Review Under the Stand-By Arrangements
Press Release; Staff Report; and Statement by the Executive Direct for Jamaica

Series:Country Report No. 19/338
ISBN 9781513519081
Code: #1JAMEA2019002

Publication year: 2019

Cdn: $25.00; US: $18.00
Language: English
58 pages
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The 3-year Stand-By Arrangement (SBA) terminates shortly after conclusion of this sixth and final review. As Jamaica graduates from 6½ years of continuous Fundsupported reform programs over two successive arrangements, macroeconomic stability has been entrenched with substantial fiscal over-performance and efforts to address structural weaknesses. Public debt has been significantly reduced, unemployment is at a historic low, credit recovery is gaining force on the back of substantial monetary easing, FX reserves are comfortable, and inflation is subdued. However, for most of the past 6 years, growth has been low. The authorities are committed to policy continuity, safeguarding the hard-earned economic gains, and promoting growth and job creation.
Jamaica : Sixth Review Under the Stand-By Arrangements
Cdn: $25.00; US: $18.00
International Monetary Fund (IMF) BookID: 126362 Added: 2019.11.24