Jamaica: Request for an Arrangement Under the Extended Fund Facility
May 17, 2013
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During the past three decades, Jamaica has shown low economic growth and high public debt, and has faced other social challenges. To help restore competitiveness and improve financial market conditions, the authorities have come up with a comprehensive four-year economic program—2013/14 through 2016/17—that aims to avert immediate crisis risks and create the necessary conditions for sustained growth. The program’s main pillars include structural reforms, fiscal adjustments supported by extensive fiscal reforms, and improved social protection programs.
Subject: Economic sectors, Expenditure, Fiscal consolidation, Fiscal policy, Public debt, Public sector, Revenue administration
Keywords: agenda, authorities' package, Caribbean, CR, debt, debt exchange, EFF arrangement, exchange rate, Executive Board approval, Global, ISCR, Public sector, reform agenda
Pages:
118
Volume:
2013
DOI:
Issue:
126
Series:
Country Report No. 2013/126
Stock No:
1JAMEA2013001
ISBN:
9781484320006
ISSN:
1934-7685
