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Jamaica : 2018 Article IV Consultation, Third Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria-Press Release and Staff Report.
- Format:
- Book
- Government document
- Author/Creator:
- International Monetary Fund. Western Hemisphere Dept.
- Series:
- IMF Staff Country Reports; Country Report ; No. 2018/103
- IMF Staff Country Reports
- Language:
- English
- Subjects (All):
- Jamaica--Economic conditions.
- Jamaica.
- Physical Description:
- 1 online resource (127 pages).
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2018.
- Summary:
- This 2018 Article IV Consultation highlights that Jamaica’s GDP growth is estimated to have been a disappointing 0.5 percent in 2017. Weakness in agriculture, slow recovery in mining, and a deceleration in manufacturing offset growth in tourism and construction. The growth forecast is being revised down to 0.9 percent in FY17/18 and about 2.25 percent in the medium term. Inflation remains well-anchored. Higher food prices resulting from flooding have begun to unwind. The current account deficit remains relatively low (at 2.8 percent of GDP in FY17/18) and it is expected to shrink over the medium-term, as oil prices remain contained and tourism earnings improve.
- Notes:
- Description based on print version record.
- ISBN:
- 9781484351062
- 1484351061
- 9781484351093
- 1484351096
- OCLC:
- 1039698792
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