MARCH 2022: Update on the GOJ Economic Reform Programme (ERP)

Posted by epocjamaica | Apr 19, 2022 | communiques | 0

Update to EPOC Communique #39 released in the Jamaica Observer on Sunday, April 17, 2022.

EPOC would like to note the following changes to the “Selected GOJ Fiscal Indicators for FY2021/22 (April – February)” Table:

Total Expenditure ($625.0B) and Recurrent Expenditure ($580.9B) were within the government budgeted expenditures of $627.6B and $584.9b, respectively.
Capital Expenditure of $44.1B was above the GOJ’s capital budget of $42.9B.

This update is reflected in the document below.

Communique-39-FP-OBS-APR-2022-amended

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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.