Jamaica : 2009 Article IV Consultation and Request for a Stand: By Arrangement: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion

Author/Editor:

International Monetary Fund

Publication Date:

July 30, 2010

Electronic Access:

Free Full text (PDF file size is 1695 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Jamaica has been stuck in a cycle of low growth and high debt dynamics. It has been severely impacted by the global economic slowdown, and finances have deteriorated. Jamaica’s objective of virtually eliminating the overall public sector deficit is appropriate. Embedding the medium-term fiscal consolidation effort in a comprehensive set of fiscal structural reforms is the key. Strengthening regulatory and supervisory frameworks along with legislative and structural reforms will reduce systemic risks to the financial system. The proposed program carries risks but these risks are manageable.

Series:

Country Report No. 10/267

Subject:

English

Publication Date:

July 30, 2010

ISBN/ISSN:

9781455203475/1934-7685

Stock No:

1JAMEA2010001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

105

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