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Jamaica : second review under the extended arrangement under the extended fund facility and request for modification of performance criteria.

Publisher: Washington, District of Columbia : International Monetary Fund, 2013.
Series: IMF country report, no. 13/378.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
EXECUTIVE SUMMARYMacroeconomic developments are broadly in line with program projections. There aresigns of a gradual recovery from the effects of the global financial crisis and hurricaneSandy. Real GDP growth for 2013/14 is projected at just under 1 percent, supported byimproved activity in the tourism, mining, and agricultural sectors. Inflation has increased dueto the depreciation of the exchange rate as well as  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Hemisphere Dept., International Monetary Fund. Western.
Jamaica: Second Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria.
Washington : International Monetary Fund, ©2013
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
ISBN: 9781484337240 1484337247
OCLC Number: 874163492
Description: 1 online resource (83 pages) : illustrations (some color).
Contents: Cover; CONTENTS; BACKGROUND AND RECENT DEVELOPMENTS; PERFORMANCE UNDER THE PROGRAM; POLICY DISCUSSIONS; A. Macroeconomic Framework; B. The Fiscal Program and the Fiscal Reform Agenda; C. Monetary Policy and Exchange Rate Regime; D. Financial Sector Reform; BOXES; 1. Reforming the Securities Dealers Sector; E. Growth and Social Protection; 2. The Agenda for Inclusive Growth; PROGRAM DESIGN AND FINANCING; STAFF APPRAISAL; FIGURES; 1. Recent Economic Developments; 2. Fiscal Developments; 3. Financial Sector Developments; 4. Public Debt; TABLES; 1. Selected Economic Indicators. 2. Summary of Central Government Operations (In millions of Jamaican dollars)3. Summary of Central Government Operations (In percent of GDP); 4. Operations of the Public Entities; 5. Summary Balance of Payments; 6. Summary Accounts of the Bank of Jamaica; 7. Summary Monetary Survey; 8. Structural Program Conditionality; 9. Quantitative Performance Criteria; 10. Indicators of Fund Credit, 2013-27; 11. Schedule of Reviews and Purchases; ANNEX; I. Debt Sustainability Analysis; ANNEX FIGURES; 1. Public DSA Risk Assessment; 2. Public DSA-Realism of Baseline Assumptions. 3. Public Sector DSA-Baseline Scenario4. Public DSA-Composition of Public Debt and Alternative Scenarios; 5. Public DSA-Stress Tests; 6. External Debt Sustainability: Bound Tests; ANNEX TABLE; 1. External Debt Sustainability Framework, 2008/09-2018/19; APPENDIX; I. Letter of Intent; Attachment 1. Supplementary Memorandum of Economic and Financial Policies; Attachment 2. Technical Memorandum of Understanding.
Series Title: IMF country report, no. 13/378.

Abstract:

EXECUTIVE SUMMARYMacroeconomic developments are broadly in line with program projections. There aresigns of a gradual recovery from the effects of the global financial crisis and hurricaneSandy. Real GDP growth for 2013/14 is projected at just under 1 percent, supported byimproved activity in the tourism, mining, and agricultural sectors. Inflation has increased dueto the depreciation of the exchange rate as well as higher administered prices in the contextof the recent fiscal package. International reserves are in line with program requirements, but remain low. The execution of the 2013/14 bud.

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