Jamaica : Interim Staff Report Under Intensified Surveillance

Author/Editor:

International Monetary Fund

Publication Date:

February 18, 2005

Electronic Access:

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Summary:

This paper reviews the Interim Staff Report Under Intensified Surveillance for Jamaica. The authorities have reaffirmed their objective of balancing the budget in FY 2005/06, while recognizing that this now poses a greater challenge. The IMF staff now estimates that measures in the range of 2.5–3.0 percent of GDP would be required to meet this goal, compared with the IMF staff’s estimate of 1.7 percent of GDP at the time of the 2004 Article IV consultation. The room to maneuver in monetary and exchange rate policy remains constrained by the debt overhang.

Series:

Country Report No. 05/61

Subject:

English

Publication Date:

February 18, 2005

ISBN/ISSN:

9781451820140/1934-7685

Stock No:

1JAMEA2005001

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

25

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