Jamaica: 2024 Article IV Consultation and Second Reviews Under the Arrangement Under the Precautionary and Liquidity Line and Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Jamaica

March 8, 2024

Preview Citation

Format: Chicago

Jamaica: 2024 Article IV Consultation and Second Reviews Under the Arrangement Under the Precautionary and Liquidity Line and Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Jamaica, (USA: International Monetary Fund, 2024) accessed November 8, 2024

Summary

Over the last decade, Jamaica has successfully reduced public debt, anchored inflation, and strengthened its external position. It has built a strong track record of investing in institutions and prioritizing macroeconomic stability. This allowed Jamaica's response to recent global shocks to be prudent, agile, and supportive of growth. During the most recent fiscal year growth has remained strong, and inflation is converging to the Bank of Jamaica’s inflation target band.

Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Climate change, Crime, Environment, Expenditure, Financial regulation and supervision, International organization, Monetary policy, Public debt

Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Caribbean, Climate change, Climate change risk, Current share, E. WB engagement, Global, RSF reform, Target band

Publication Details

Pages:

139
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2024/069
Stock No:

1JAMEA2024001
ISBN:

9798400269417
ISSN:

1934-7685

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