The EPOC met on May 7, 2021 to review the macro fiscal programme of the Government of Jamaica (GOJ) and the monetary performance of the Bank of Jamaica (BOJ) for the fiscal year 2020/21, and to highlight key projections for FY2021/22. The following were key highlights...

As COVID-19 cases spike, risks to economic recovery remain high The EPOC met on February 5, 2021 to review the macro fiscal programme of the Government of Jamaica (GOJ) and the monetary performance of the Bank of Jamaica (BOJ) for the fiscal year 2020/21. The...

EPOC remains cautiously optimistic as Jamaica hits Fiscal targets and International Reserves remain strong The EPOC met on December 4, 2020 to review the macro fiscal programme of the Government of Jamaica (GOJ) for the fiscal year 2020/21. The following were key...

The EPOC met on September 11, 2020 to review the macro fiscal programme of the Government of Jamaica (GOJ) for the fiscal year 2020/21 and over the medium term. EPOC looked in depth at the fiscal and monetary assumptions and actions which underpin Jamaica’s recovery path.

Based on the preliminary performance results, the GOJ is on track to meet the Quantitative Performance Targets for GOJ ERP for end-June 2020, with the exception of the inflation target. However, the implementation of a majority of the Priority Actions for the GOJ ERP has been delayed relative to the timelines established in November 2019, due in large part to the impact of the COVID-19 pandemic.

Most recent results The EPOC met on November 29, 2019 and reviewed the performance of the economy for the period ended September 2019.IMF Completes 6th and final review under the Standby ArrangementThe Executive Board of the IMF completed the sixth and final review of...