European Parliament Library

Jamaica :, Request for an Arrangement Under the Extended Fund Facility

During the past three decades, Jamaica has shown low economic growth and high public debt, and has faced other social challenges. To help restore competitiveness and improve financial market conditions, the authorities have come up with a comprehensive four-year economic program—2013/14 through 2016/17—that aims to avert immediate crisis risks and create the necessary conditions for sustained growth. The program’s main pillars include structural reforms, fiscal adjustments supported by extensive fiscal reforms, and improved social protection programs
Table Of Contents
Cover; CONTENTS; BACKGROUND AND RECENT DEVELOPMENTS; POLICY DISCUSSIONS; A. Overview; B. Macroeconomic Framework; C. Restoring Public Debt Sustainability and Strengthening the Public Finances; BOXES; 1. Details of the Debt Exchange; 2. Financial Sector Impact of the Debt Exchange-Stress Testing Results; D. Financial Sector Stability; E. Monetary Policy and Exchange Rate Regime; F. The Growth and Social Protection Agenda; PROGRAM DESIGN, FINANCING AND RISKS; G. Program Design; H. Program Financing; I. Risks to Program Implementation; STAFF APPRAISAL; FIGURES; 1. Recent Economic Developments
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (121 p.)
Specific Material Designation
Form Of Item

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