Jamaica: Staff Report for the 2002 Article IV Consultation and a New Staff-Monitored Program
September 11, 2002
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This paper focuses on the 2002 Article IV Consultation and a New Staff-Monitored Program (SMP) for Jamaica. In June 2000, the Jamaican authorities undertook an SMP for FY2000/01–2001/02 designed to tackle the heavy public sector burden and restore economic growth. To build on the progress achieved so far, the government has requested a new SMP for FY2002/03. The objectives of the program are to consolidate gains in macroeconomic stabilization and adjustment achieved to date and to lay the foundations for sustainable, strong economic growth that would further reduce poverty.
Subject: Central banks, Economic sectors, Expenditure, External debt, Open market operations, Public debt, Public sector
Keywords: anti-crime initiative, Caribbean, CR, debt stock, economy, exchange rate, GDP, government, ISCR, Jamaican authorities, Open market operations, price spiral, Public sector, stabilization policy, wage demand
Pages:
70
Volume:
2002
DOI:
Issue:
197
Series:
Country Report No. 2002/197
Stock No:
1JAMEA0012002
ISBN:
9781451820096
ISSN:
1934-7685
