## 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](https://www.imf.org/en/publications/cr/issues/2026/01/20/jamaica-request-for-purchase-under-the-rapid-financing-instrument-press-release-staff-573320)

## Other formats

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## Bibliographic details
- Published: January 20, 2026
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229034357.002

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### 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

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_Source: https://www.imf.org/en/publications/cr/issues/2026/01/20/jamaica-request-for-purchase-under-the-rapid-financing-instrument-press-release-staff-573320_