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view to kingston from port royal. Jamaica

View to Kingston from Port Royal. Jamaica. iStockphoto

Jamaica Resident Representative Site

Resident Representative Office in Jamaica

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This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Jamaica and the IMF. Additional information can be found on Jamaica and IMF country page, including official IMF reports and Executive Board documents that deal with Jamaica.

News and Highlights

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Jamaica’s EFF program at 1.5

Presentation by Bert van Selm, IMF Resident Representative in Jamaica, at the Manchester Business School Quarterly Lecture Series Kingston, Jamaica, October 30, 2014 click for more

Macroeconomic Gains from Gender Equity

Presentatation by Kalpana Kochhar, Deputy Director of the Strategy, Policy, and Review Department, IMF; September 30, 2014 click for more

Fifth Review of Jamaica's EFF Arrangement

Statement by Bert van Selm, IMF Resident Representative in Jamaica, September 19, 2014 click for more

IMF Managing Director Christine Lagarde to Visit Jamaica

Statement by Bert van Selm, IMF Resident Representative in Jamaica, June 10, 2014 click for more

The Role of the IMF in Jamaica

TV Jamaica Interview with Bert van Selm, IMF Resident Representative in Jamaica; May 28, 2014 click for more

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Jamaica and The IMF

Press Release: IMF Executive Board Completes Sixth Review Under the Extended Fund Facility for Jamaica and Approves US$ 67 million Disbursement

December 19, 2014

Press Release: IMF Staff Concludes Review Mission to Jamaica

November 14, 2014

Podcast : Unlocking Economic Growth in the Caribbean

October 20, 2014
Caribbean economies have been slow to recover from the global financial crisis. This week, the IMF and the government of Jamaica will host a high level forum that will discuss ways of boosting the economies of the region. click for more

Press Release: IMF and Jamaica to Hold High-Level Conference on Growth in the Caribbean

October 14, 2014

Statement by the Hon. Peter Phillips, Governor of the IMF and the World Bank Group for Jamaica, on behalf of the Joint Caribbean Group

October 10, 2014
PDF File Size: 468Kb click for more

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Regional Economic Outlook: Western Hemisphere

image from the publication cover

Growth in Latin America and the Caribbean (LAC) has slowed down more than anticipated, as weak dynamics in South America have outweighed an incipient recovery in Mexico. Lower-than-expected external demand and softer terms of trade explain some of the weakness, but domestic supply-side bottlenecks and policy uncertainties have also weighed on confidence and private demand in several economies. Notwithstanding the projected pick-up in activity over the period ahead, growth is projected to be as low as 1.3 percent in 2014 and 2.2 percent in 2015. Spare capacity remains limited, however, underscoring the urgency of supply-side reforms to boost productivity and potential growth. Monetary policy and exchange rate flexibility should continue to serve as the first line of defense against adverse shocks, while a looser fiscal stance is unwarranted in most countries, especially those with weak public finances. Financial sector risks bear close monitoring, as the confluence of lower growth, rising U.S. interest rates, and geopolitical tensions could pose a considerable challenge. Click for more