March 2019: UPDATE ON 3-YEAR IMF PRECAUTIONARY STAND-BY ARRANGEMENT (PSBA)

Posted by epocjamaica | Apr 1, 2019 | communiques | 0

The EPOC met on March 22, 2019 and reviewed the latest available results for the period ending January 2019.

Structural Benchmarks Met

☑ As a result of the overall strong performance, the GOJ has met all eight (8) macro-fiscal structural benchmarks for the November 2016 to December 2018 period. The GOJ has also met the fourteen (14) structural benchmarks for public sector transformation, public bodies and public service reform through end December 2018.

Communique-24_Observer

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epocjamaica

The Economic Programme Oversight Committee (EPOC) was established in 2013 to monitor the implementation of Jamaica’s economic reform measures under its agreement with the International Monetary Fund (IMF). The committee comprises 11 persons from the private and public sectors, and civil society. They receive and assess information from the Government of Jamaica (GOJ) to track the progress of the targets under the three-year Precautionary Stand-By Arrangement (PSBA) which was signed in 2016. Visit: http://www.epocjamaica.com/about to learn more.