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

Abstract
This paper discusses Jamaica’s Second Review Under the Extended Arrangement Under the Extended Fund Facility (EFF) and Request for Modification of Performance Criteria. Program performance is on track despite the difficult economic environment. All end-September quantitative performance criteria and structural benchmarks were met. The macroeconomic outlook and financing scenario remain broadly in line with earlier projections. The authorities are pressing ahead with the next round of reforms, including strengthening the fiscal policy framework and reforming the securities dealers sector. Based on the performance to date and the authorities’ updated policy intentions and commitments, IMF staff recommends completion of the second 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. Monetary Policy and Exchange Rate Regime; D. Financial Sector Reform; BOXES; 1. Reforming the Securities Dealers Sector; E. Growth and Social Protection; 2. The Agenda for Inclusive Growth; PROGRAM DESIGN AND FINANCING; STAFF APPRAISAL; FIGURES; 1. Recent Economic Developments; 2. Fiscal Developments; 3. Financial Sector Developments; 4. Public Debt; TABLES; 1. Selected Economic Indicators
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (83 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781484337158

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