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

 
 
Publication Date: October 02, 2013
 
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Summary: This paper discusses Jamaica’s First Review Under the Extended Arrangement Under the Extended Fund Facility (EFF) and Request for Modification of Performance Criteria. All end-June quantitative conditions and all structural benchmarks were met. The 2013/14 budget is in line with the program. Economic developments remain in line with program assumptions and the macroeconomic outlook and financing scenario remain broadly unchanged from the program approval. The authorities have committed to press ahead with the next round of reforms. Based on the performance to date and the authorities’ updated policy intentions, the IMF staff recommends completion of the first review under the EFF.
 
Series: Country Report No. 13/304
Subject(s): Extended Fund Facility | Fiscal policy | Debt sustainability | Fiscal reforms | Tax reforms | Financial sector | Securities markets | Monetary policy | Exchange rate depreciation | Economic indicators | Staff Reports | Press releases | Performance criteria modifications | Jamaica

 
English
Publication Date: October 02, 2013
ISBN/ISSN: 9781484345573/1934-7685 Format: Paper
Stock No: 1JAMEA2013002 Pages: 72
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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