Jamaica: Second Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria

December 27, 2013

Preview Citation

Format: Chicago

Jamaica: Second Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria, (USA: International Monetary Fund, 2013) accessed November 8, 2024

Summary

This paper discusses Jamaica’s Second Review Under the Extended Arrangement Under the Extended Fund Facility (EFF) and Request for Modification of Performance Criteria. Program performance is on track despite the difficult economic environment. All end-September quantitative performance criteria and structural benchmarks were met. The macroeconomic outlook and financing scenario remain broadly in line with earlier projections. The authorities are pressing ahead with the next round of reforms, including strengthening the fiscal policy framework and reforming the securities dealers sector. Based on the performance to date and the authorities’ updated policy intentions and commitments, IMF staff recommends completion of the second review under the EFF.

Subject: Banking, Budget planning and preparation, Economic sectors, Expenditure, Public debt, Public financial management (PFM), Public sector

Keywords: Budget planning and preparation, CR, Disbursement of SDR, End-December performance criterion, Global, Growth agenda, ISCR, PFM reform, Public sector, Staff appraisal, Statement

Publication Details

Pages:

82
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/378
Stock No:

1JAMEA2013003
ISBN:

9781484336434
ISSN:

1934-7685

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