January 2017: Update on 3-year IMF Precautionary Stand-by Arrangement (PSBA)

Posted by epocjamaica | Jan 31, 2017 | communiques | 0

The EPOC met on January 16, 2017, and reviewed available results as at November, 2016. Based on performance as at the end of November, 2016, Jamaica remains on track to meet the December, 2016, quantitative performance criteria and indicative targets, under the new Precautionary Stand-By Arrangement (PSBA) with the Government of Jamaica (GOJ), which was approved by the Executive Board of the International Monetary Fund (IMF) on November 11, 2016.

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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: https://epocjamaica.com/about to learn more.