Jamaica: Request for Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Jamaica
IMF Staff Country Reports, January 20, 2026
Source details
- Canonical URL
- Jamaica: Request for Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for Jamaica
Other formats
Bibliographic details
- Published: January 20, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229034357.002
Summary and Request
- Hurricane Melissa struck Jamaica shortly after the country successfully completed its Precautionary and Liquidity Line and the Arrangement under the Resilience and Sustainability Facility with the Fund.
- The authorities are requesting emergency financial support under the Rapid Financing Instrument’s large natural disaster window of 80 percent of quota (SDR 306.32 million or about US$415 million).
Economic context and immediate impacts
- Jamaica’s strong track record of economic reforms has created critical buffers that are proving invaluable in addressing the economic fallout and reconstruction needs.
- Despite these buffers, widespread devastation from the hurricane, rising fiscal pressures, and a sharp decline in tourism receipts have generated a sizable balance-of-payments need in the short term.
Key findings and subject tags
- Subject: Disaster aid, Environment, Foreign aid, Natural disasters, Public debt, Revenue administration
- Keywords: Caribbean, Disaster aid, financing framework, Global, Jamaica's authorities look, Jamaican authorities, Natural disasters, Rfi disbursement, Rfi resource
Content in this bundle
- 1jamea2026001-source-pdf