The EPOC met on March 14, 2017, and reviewed available results as at January 2017. Based on performance at end-January 2017: Jamaica is on target to meet monitored 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.  This follows an IMF review conducted February 20 to March 3, 2017, for the performance to end December 2016.  The IMF mission noted that PSBA is off to a strong start with programme conditions through December met.