The new Precautionary Stand-By Arrangement (PSBA) with the Government of Jamaica (GOJ) was approved by the Executive Board of the International Monetary Fund (IMF) on November 11, 2016. The GOJ met the programme conditions for the IMF PSBA as at end-June 2017*.
Most recent results: The EPOC met on December 11, 2017, and reviewed the latest available results. Based on preliminary results for performance at end-October 2017, Jamaica is on track to meet the December 2017 quantitative and indicative targets under the PSBA.
* Based on the results for performance to date through the end of June 2017.