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

Author/Editor:

International Monetary Fund. Western Hemisphere Dept.

Publication Date:

December 27, 2013

Electronic Access:

Free Full Text (PDF file size is 1162 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

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.

Series:

Country Report No. 13/378

Subject:

English

Publication Date:

December 27, 2013

ISBN/ISSN:

9781484336434/1934-7685

Stock No:

1JAMEA2013003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

82

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