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Jamaica :, First Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria

Abstract
This paper discusses Jamaica’s First Review Under the Extended Arrangement Under the Extended Fund Facility (EFF) and Request for Modification of Performance Criteria. All end-June quantitative conditions and all structural benchmarks were met. The 2013/14 budget is in line with the program. Economic developments remain in line with program assumptions and the macroeconomic outlook and financing scenario remain broadly unchanged from the program approval. The authorities have committed to press ahead with the next round of reforms. Based on the performance to date and the authorities’ updated policy intentions, the IMF staff recommends completion of the first review under the EFF
Table Of Contents
""Cover""; ""CONTENTS""; ""BACKGROUND AND RECENT DEVELOPMENTS""; ""PERFORMANCE UNDER THE PROGRAM""; ""POLICY DISCUSSIONS""; ""A. Macroeconomic Framework""; ""B. The Fiscal Program and the fiscal reform Agenda""; ""C. Financial Sector Reform""; ""D. Monetary Policy and Exchange Rate Regime""; ""E. Growth and Social Cohesion""; ""PROGRAM DESIGN AND FINANCING""; ""STAFF APPRAISAL""; ""BOXES""; ""1. Impact of the Debt Exchange on the Financial System""; ""2. The Fiscal Rule""; ""FIGURES""; ""1. Recent Economic Developments""; ""2. Fiscal Developments""; ""3. Financial Sector Developments""
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (74 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9780148439511

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