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 EPOC met on May 16, 2017, and reviewed the latest available results. Jamaica has met all structural benchmarks under the programme through end-April 2017. All of these measures have been met at end-March 2017.