European Parliament Library

Jamaica :, Third Review Under the Stand-By Arrangement-Staff Report; Informational Annex; Staff Supplement; and the Press Release on the Executive Board Discussion

Economic developments and growth of Jamaica are discussed in this paper. Despite the good performance under the program through end-September, mounting spending pressures and delays in some fiscal reforms have required the adoption of corrective measures by the authorities. The authorities concurred with IMF staff that the potential spending overruns reflected weaknesses in expenditure management that needed to be urgently addressed. To offset the expenditure overruns, the government has adopted a number of compensatory measures
Table Of Contents
Cover; Contents; I. Recent Developments and Outlook; II. Performance Under the Program; Figures; 1. Recent Economic Developments, 2006-10; 2. Labor Market Indicators; 3. Financial Sector Indicators; III. Policy Discussions; Tables; 1. Program Monitoring: Quantitative Performance Criteria (PC) under SBA; A. Fiscal Policy; 2. Unbudgeted Spending and Offsetting Measures FY 2010/2011; Boxes; 1. Clarendon Alumina Production; B. Monetary and Financial Sector Policies; C. Policies to Enhance Long-Run Economic Growth; V. Staff Appraisal; 3. Selected Economic Indicators
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (91 p.)
Specific Material Designation
Form Of Item

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