Jamaica Resident Representative Site
Resident Representative Office in Jamaica
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
Jamaica and The IMF
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.
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
Press Release: IMF, Jamaica’s Government, and Civil Society Groups Stress Importance of Women Participation in the Economy
Jamaica: Fifth Review Under the Extended Fund Facility and Request for Modification of Performance Criteria-Staff Report; Press Release
September 25, 2014
Series: Country Report No. 14/295
Regional Economic Outlook: Western Hemisphere
Growth across Latin America and the Caribbean is expected to remain subdued at 2.5 percent in 2014. The firming recovery in the advanced economies will support export activity, but this positive impulse is likely to be offset in many countries by the impact of lower commodity prices, tighter external financing conditions, and domestic supply bottlenecks. Renewed volatility in financial markets and a sharper-than-expected decline in commodity prices represent distinct downside risks. Faced with these challenges, policymakers should seek to preserve credible policy frameworks and ensure sufficient buffers to cope with adverse shocks. For fiscal policy, a neutral to tighter stance will be appropriate in most countries, while exchange rate flexibility and proactive supervision of the financial system should serve as the principal defenses against external volatility. To boost medium-term growth prospects, further efforts are needed to raise infrastructure investment, improve educational outcomes, and enhance the business environment.