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.