Jamaica : Second Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Jamaica.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. Western Hemisphere Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2017/329

IMF Staff Country Reports

Language:

English

Subjects (All):

Jamaica.

Physical Description:

1 online resource (75 pages).

Place of Publication:

Washington, D.C. : International Monetary Fund, 2017.

Summary:

This paper discusses Jamaica’s Second Review under the Stand-by Arrangement and Request for Modification of Performance Criteria (PCs). Jamaica’s economy is showing sustained signs of activity, but growth remains vulnerable to the weather. Inflation and the current account deficit are low, helped by relatively stable oil prices and the government’s policy efforts. The historically low yields in the recent global bond reopening reflect Jamaica’s hard-won credibility. Program implementation remains strong. All PCs and structural benchmarks for the end of June were met. The landmark public pension reform bill was passed by Parliament. Based on continued strong program implementation and reform commitments, the IMF staff recommends completion of the second review.

Notes:

Description based on print version record.

ISBN:

9781484325520

1484325524

9781484325544

1484325540