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 Executive Board of the International Monetary Fund completed the 2018 Article IV Consultation and the third review of Jamaica’s performance under the programme supported by the precautionary Stand-By Arrangement (SBA), on April 10, 2018, following the third review mission which took place from February 26-March 9, 2018.
Based on the preliminary results for performance to date through the end of December 2017, Jamaica has met the targets for the quantitative performance criteria (QPCs) and indicative targets (ITs) for the IMF SBA as at end-December 2017.

Download Document