Jamaica and the IMF --

May 01, 2013 -- IMF Survey : IMF Loan to Help Jamaica Cope With Growth and Debt Challenges
The IMF’s Executive Board approved a 48-month, $932 million Extended Arrangement for Jamaica. The program will help create the conditions for sustained growth through a significant improvement in the fiscal and debt positions and in competitiveness.

February 04, 2010 -- IMF Survey: IMF Approves $1.27 Billion Loan for Jamaica
The IMF approves a $1.27 billion loan to support Jamaica's plan to recover from the effects of mounting government debt, weak economic growth, and the global economic crisis. The Caribbean country’s plan includes a focus on social spending to help the most needy.

December 10, 2008 -- IMF Survey: Caribbean Growth Dampened by Global Downturn
Caribbean countries will inevitably be impacted by the global economic turmoil, particularly given the region's close ties to the U.S. economy, resulting in weaker remittances and tourism, IMF Managing Director says.

IMF Surveys

June 18, 2001 -- IMF Survey:
Anne Krueger nominated for First Deputy Managing Director & Hausler, Rogoff, Geithner named department heads; Board work program; Fischer on Asia & IMF; Hong Kong SAR crisis recovery; IMF & governance; debt swaps; and Jamaica moves to strengthen economy. PDF File Size: 606Kb

IMFC Statements

April 20, 2013 -- IMFC Statement by Jim Flaherty, Minister of Finance,Department of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 374Kb

October 13, 2012 -- IMFC Statement by James Michael Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 302Kb

April 21, 2012 -- IMFC Statement by James Michael Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 357Kb

September 24, 2011 -- IMFC Statement by James Michael Flaherty, Minister of Finance, Department of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 250Kb

April 16, 2011 -- IMFC Statement by James Michael Flaherty Minister of Finance, Department of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 386Kb

October 09, 2010 -- IMFC Statement by James Michael Flaherty, Minister of Finance, Department of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 354Kb

April 24, 2010 -- IMFC Statement by Mr. Jim Flaherty, Minister of Finance for Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 355Kb

April 25, 2009 -- IMFC Statement by the Honourable Jim Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 121Kb

October 11, 2008 -- IMFC Statement by Jim Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 319Kb

April 12, 2008 -- IMFC Statement by the Honourable Jim Flaherty, Minister of Finance for Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 207Kb

October 20, 2007 -- IMFC Statement by James Michael Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 196Kb

April 14, 2007 -- IMFC Statement by the The Honorable Jim Flaherty, Minister of Finance for Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 191Kb

September 17, 2006 -- IMFC Statement by the Honourable Jim Flaherty, Minister of Finance for Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 276Kb

April 22, 2006 -- IMFC Statement by Honorable James Michael Flaherty, Minister of Finance, Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 735Kb

April 16, 2005 -- IMFC Statement by The Honourable Ralph Goodale, Minister of Finance of Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 338Kb

October 02, 2004 -- IMFC Statement by the Honourable Ralph Goodale, Minister of Finance of Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 600Kb

April 24, 2004 -- IMFC Statement by the Honourable Ralph Goodale, Minister of Finance of Canada
On behalf of: Antigua and Barbuda, The Bahamas, Belize, Barbados, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines. PDF File Size: 73Kb

September 21, 2003 -- Statement by the Honourable John Manley, Minister of Finance of Canada, given on the Occasion of the International Monetary and Financial Committee (IMFC) Meeting, September 21, 2003
Representing the Constituency consisting of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, and St. Vincent and the Grenadines.

April 12, 2003 -- IMFC Statement by John Manley, Minister of Finance, Canada, April 12, 2003
The International Monetary and Financial Committee statement on behalf of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines

September 28, 2002 -- Statement by the Honourable John Manley, Minister of Finance of Canada, to the IMFC Meeting, Washington, D.C., September 28, 2002
The International Monetary and Financial Committee statement on behalf of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines

April 20, 2002 -- Statement by the Honourable Paul Martin Minister of Finance and Governor of the IMF for Canada, to the International Monetary and Finance Committee, Washington, D.C., August 20, 2002
The International Monetary and Financial Committee member for the constituency consisting of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines

November 17, 2001 -- Statement by the Honourable Paul Martin Minister of Finance of Canada, to the International Monetary and Finance Committee, Ottawa, November 17, 2001
The International Monetary and Financial Committee member for the constituency consisting of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines

April 29, 2001 -- Statement by the Honourable Paul Martin, Minister of Finance and Governor of the IMF for Canada
The International Monetary and Financial Committee member for the constituency consisting of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines

April 16, 2000 -- International Monetary and Financial Committee Statement by The Honourable Paul Martin, Minister of Finance and Governor of the IMF for Canada, April 16, 2000
The International Monetary and Financial Committee member for the constituency consisting of Antigua and Barbuda, The Bahamas, Barbados, Belize, Canada, Dominica, Grenada, Ireland, Jamaica, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines

Letters of Intent

April 17, 2013 -- Jamaica -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, April 17, 2013
PDF File Size: 501Kb

December 23, 2010 -- Jamaica -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, December 23, 2010
PDF File Size: 726Kb

September 14, 2010 -- Jamaica -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, September 14, 2010
PDF File Size: 618Kb

January 15, 2010 -- Jamaica -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, January 15, 2010
PDF File Size: 694Kb

July 25, 2002 -- Jamaica – Staff Monitored Program--Letter of Intent, Memorandum of Economic and Financial Policies, July 25, 2002
This memorandum describes the policies that Jamaica is implementing in the framework of a staff-monitored program.

December 04, 2001 -- Jamaica Letter of Intent, December 4, 2001
This Letter of Intent of the government of Jamaica describes the policies that Jamaica intends to implement in the context of its request for financial support from the IMF.

May 08, 2001 -- Jamaica Letter of Intent, May 8, 2001
This Letter of Intent describes the policies that Jamaica is implementing in the framework of a staff-monitored program

July 19, 2000 -- Jamaica Letter of Intent, July 19, 2000
This memorandum describes the policies that Jamaica is implementing in the framework of a staff-monitored program. A members's staff-monitored program is an informal and flexible instrument for dialogue between the IMF staff and a member on its economic policies. A staff-monitored program is not supported by the use of the Fund's financial resources; nor is it subject to the endorsement of the Executive Board of the IMF.

News Briefs

December 18, 2001 -- News Brief: Jamaica Revises Targets Under the Staff-Monitored Program

August 31, 2001 -- Corrected: News Brief: IMF to Coordinate New Caribbean Regional Technical Assistance Center

Press Releases

May 21, 2013 -- Press Release: IMF Concludes Staff Visit to Jamaica

May 01, 2013 -- Press Release: IMF Executive Board Approves US$932.3 Million Arrangement under the Extended Fund Facility for Jamaica

April 08, 2013 -- Press Release: IMF Statement on Jamaica

February 15, 2013 -- Press Release: IMF Mission and Jamaican Authorities Reach Staff-Level Agreement on Key Elements for EFF-Supported Program

February 12, 2013 -- Press Release: Statement by an International Monetary Fund Mission to Jamaica

October 05, 2012 -- Press Release: Statement by an IMF Mission to Jamaica

March 22, 2012 -- Press Release: Statement by an IMF Mission to Jamaica

January 24, 2012 -- Press Release: Statement by an IMF Mission to Jamaica

April 04, 2011 -- Press Release: Statement by an IMF Mission to Jamaica

February 18, 2011 -- Press Release: Statement by an IMF Mission to Jamaica

February 16, 2011 -- Press Release: Statement by an IMF Mission to Jamaica

January 14, 2011 -- Press Release: IMF Executive Board Completes Third Review Under Stand-By Arrangement with Jamaica and Approves US$49 Million Disbursement

November 22, 2010 -- Press Release: Statement by an IMF Mission to Jamaica

September 24, 2010 -- Press Release: IMF Executive Board Concludes Second Review Under Stand-By Arrangement with Jamaica and Approves US$49.2 Million Disbursement

August 27, 2010 -- Press Release: Statement by an IMF Mission to Jamaica

June 23, 2010 -- Press Release: IMF Executive Board Concludes First Review Under Stand-By Arrangement with Jamaica and Approves US$93.9 Million Disbursement

May 18, 2010 -- Press Release: Statement by an IMF Mission to Jamaica

February 04, 2010 -- Press Release: IMF Executive Board Approves US$1.27 Billion Stand-By Arrangement with Jamaica

January 14, 2010 -- Press Release: IMF Announces Agreement in Principle with Jamaica on a US$1.25 Billion Loan

December 17, 2009 -- Press Release: IMF Staff and Jamaica Reach Broad Agreement on the Key Elements of US$1.3 Billion Loan

November 06, 2009 -- Press Release: Statement by an IMF Mission to Jamaica

December 10, 2008 -- Statement by IMF Managing Director Dominique Strauss-Kahn at the Conclusion of his Visit to Jamaica

October 30, 2008 -- Press Release: Three-Day Caribbean Seminar on Unregulated Investment Schemes Opens in Montego Bay, Jamaica, Wednesday October 29, 2008

March 14, 2008 -- Press Release: Statement by the IMF Mission at the Conclusion of the 2008 Article IV Discussion with Jamaica

December 14, 2005 -- Press Release: IMF Conducts Press Briefing in Jamaica on the Regional Economic Outlook for Latin America and Caribbean

September 13, 2004 -- Press Release: Statement by IMF Managing Director Rodrigo de Rato on Hurricane Damage in the Caribbean

June 04, 2004 -- Press Release: IMF Statement on the Conclusion of 2004 Article IV Consultation Discussions with Jamaica

Public Information Notices

June 07, 2012 -- Public Information Notice: IMF Executive Board Concludes 2011 Article IV Consultation with Jamaica
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.

August 18, 2010 -- Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Jamaica
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.

May 13, 2008 -- Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with Jamaica
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.

May 04, 2007 -- Public Information Notice: IMF Executive Board Concludes 2007 Article IV Consultation with Jamaica
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.

April 25, 2006 -- Public Information Notice: IMF Executive Board Concludes 2005 Article IV Consultation with Jamaica
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.

August 16, 2004 -- Public Information Notice: IMF Concludes 2004 Article IV Consultation with Jamaica
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.

March 23, 2004 -- Public Information Notice: IMF Concludes 2003 Article IV Consultation with Jamaica
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.

September 11, 2002 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with Jamaica
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.

June 06, 2001 -- Public Information Notice: IMF Concludes Article IV Consultation with Jamaica
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.

January 27, 2000 -- Public Information Notice: IMF Concludes Article IV Consultation with Jamaica
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.

August 10, 1998 -- Press Information Notice: IMF Concludes Article IV Consultation with Jamaica
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.

October 02, 1997 -- Press Information Notice: IMF Concludes Article IV Consultation with Jamaica
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.

Publications

May 17, 2013 -- Jamaica: Request for an Arrangement Under the Extended Fund Facility
Series: Country Report No. 13/126

October 09, 2012 -- Jamaica Debt Exchange
Author/Editor: Grigorian, David | Alleyne, Trevor | Guerson, Alejandro
Series: Working Paper No. 12/244

February 11, 2011 -- Jamaica: Third Review Under the Stand-By Arrangement-Staff Report; Informational Annex; Staff Supplement; and the Press Release on the Executive Board Discussion.
Series: Country Report No. 11/49

December 09, 2010 -- Jamaica: Second Review Under the Stand-By Arrangement-Staff Report; Press Release on the Executive Board Discussion
Series: Country Report No. 10/358

August 18, 2010 -- Jamaica: 2010 First Review of the Stand - By Arrangement - Staff Report; Press Release on the Executive Board Discussion
Series: Country Report No. 10/268

June 30, 2008 -- Jamaica: Selected Issues
Series: Country Report No. 08/198

February 01, 2008 -- External Tariff Liberalization in CARICOM: A Commodity-Level Analysis
Author/Editor: Sadikov, Azim M.
Series: Working Paper No. 08/33

October 01, 2006 -- Public Debt and Productivity: The Difficult Quest for Growth in Jamaica
Author/Editor: Blavy, Rodolphe
Series: Working Paper No. 06/235

September 12, 2006 -- Jamaica: Interim Staff Report Under Intensified Surveillance
Series: Country Report No. 06/324

May 01, 2006 -- Public Debt, Money Supply, and Inflation: A Cross-Country Study and its Application to Jamaica
Author/Editor: Kwon, Goohoon | McFarlane, Lavern | Robinson, Wayne
Series: Working Paper No. 06/121

May 01, 2006 -- Jamaica: Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Basel Core Principles for Effective Banking Supervision, the CPSS Core Principles for Systemically Important Payment Systems, and IMF Monetary and Financial Policy Transparency Codes
Series: Country Report No. 06/156

May 01, 2006 -- Jamaica: Selected Issues
Series: Country Report No. 06/157

June 28, 2005 -- Jamaica: Interim Staff Report Under Intensified Surveillance
Series: Country Report No. 05/219

March 01, 2005 -- A Monetary Policy Rule for Jamaica
Author/Editor: Sun, Yan
Series: Working Paper No. 05/41

February 18, 2005 -- Jamaica: Interim Staff Report Under Intensified Surveillance
Series: Country Report No. 05/61

July 01, 2004 -- Caribbean Business Cycles
Author/Editor: Cashin, Paul
Series: Working Paper No. 04/136

September 01, 2002 -- Trade and Integration in the Caribbean
Author/Editor: Egoumé-Bossogo, Philippe | Mendis, Chandima
Series: Working Paper No. 02/148

August 01, 2001 -- Financial System Soundness in the Caribbean: An Initial Assessment
Author/Editor: Worrell, DeLisle | Cherebin, Desiree | Polius, Tracy
Series: Working Paper No. 01/123

June 14, 2001 -- Jamaica: Statistical Appendix
Series: Country Report No. 01/84

March 01, 2000 -- Caribbean Approaches to Economic Stabilization
Author/Editor: Hilaire, Alvin
Series: Working Paper No. 00/73

February 28, 2000 -- Jamaica: Selected Issues and Statistical Appendix
Series: IMF Staff Country Report No. 00/19

January 27, 2000 -- Jamaica: Staff Report for the 1999 Article IV Consultation
Series: IMF Staff Country Report No. 00/08
Notes: Included with the Staff Report are the text of Public Information Notice No. 00/03--IMF Concludes Article IV Consultation with Jamaica and a Statement by Mr. Thomas A. Bernes, Executive Director, on January 10, 2000.

October 01, 1999 -- Monitoring Banking Sector Fragility - A Multivariate Logit Approach
Author/Editor: Demirgüç-Kunt, Asli | Detragiache, Enrica
Series: Working Paper No. 99/147

February 18, 1999 -- Jamaica - Selected Issues
Series: IMF Staff Country Report No. 99/02

November 11, 1997 -- Jamaica--Statistical Annex
Series: IMF Staff Country Report No. 97/105

September 18, 1996 -- Jamaica--Recent Economic Developments
Series: IMF Staff Country Report No. 96/97

September 01, 1995 -- Financial Sector Reform in Jamaica During 1985-1992, Possible Lessons for the Caribbean
Author/Editor: Marston, David
Series: Working Paper No. 95/90

August 01, 1995 -- Exchange Market Reform, Inflation, and Fiscal Deficits
Author/Editor: Agénor, Pierre-Richard | Ucer, E. Murat
Series: Working Paper No. 95/78

April 03, 1995 -- Jamaica - Statistical Appendix
Series: IMF Staff Country Report No. 95/25
Notes: This statistical appendix on Jamaica was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

April 01, 1993 -- Experience With Floating Interbank Exchange Rate Systems in Five Developing Economies
Author/Editor: Galbis, Vicente
Series: Working Paper No. 93/36

Speeches

December 10, 2008 -- Addressing Global Economic Challenges, Remarks by Dominique Strauss-Kahn, Managing Director, IMF

May 01, 2006 -- Regional Integration in a Globalizing World: Priorities for the Caribbean, Key note speach by Agustín Carstens, Deputy Managing Director, IMF
At the Biennial International Conference on Business, Banking and Finance

March 06, 1998 -- The Asian Crisis and the World Economy--Address by Alassane D. Ouattara
Address given at the Ministry of Finance and Planning Conference on Economic Recovery through Capital Market Development, Kingston, Jamaica

Transcripts

April 19, 2013 -- Transcript of a IMF Western Hemisphere Department Press Briefing

April 17, 2012 -- Transcript of the World Economic Outlook Press Conference