Jamaica : Third Review Under the Stand-By Arrangement-Staff Report; Informational Annex; Staff Supplement; and the Press Release on the Executive Board Discussion.

Publication Date: February 11, 2011
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Summary: Economic developments and growth of Jamaica are discussed in this paper. Despite the good performance under the program through end-September, mounting spending pressures and delays in some fiscal reforms have required the adoption of corrective measures by the authorities. The authorities concurred with IMF staff that the potential spending overruns reflected weaknesses in expenditure management that needed to be urgently addressed. To offset the expenditure overruns, the government has adopted a number of compensatory measures.
Series: Country Report No. 11/49
Subject(s): Debt management | Economic indicators | Fiscal reforms | Stand-by arrangement reviews | Tax incentives | Tax reforms

Publication Date: February 11, 2011
ISBN/ISSN: 9781455217717/1934-7685 Format: Paper
Stock No: 1JAMEA2011001 Pages: 90
US$18.00 (Academic Rate:
US$18.00 )
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