Communiques

April 2019: UPDATE ON 3-YEAR IMF PRECAUTIONARY STAND-BY ARRANGEMENT (PSBA)

IMF Executive Board conclude fifth review The IMF concluded the fifth and penultimate review of Jamaica’s performance under the Precautionary Standby Arrangement. Strong implementation of the reform program continues. After commendable performance under two successive...

March 2019: UPDATE ON 3-YEAR IMF PRECAUTIONARY STAND-BY ARRANGEMENT (PSBA)

The EPOC met on March 22, 2019 and reviewed the latest available results for the period ending January 2019. Structural Benchmarks Met ☑ As a result of the overall strong performance, the GOJ has met all eight (8) macro-fiscal structural benchmarks for the November...

February 2019: UPDATE ON 3-YEAR IMF PRECAUTIONARY STAND-BY ARRANGEMENT (PSBA)

The EPOC met on February 15, 2019 and reviewed the latest available results for the period ending September 2018. For the review period April to December 2018, the Fiscal Performance continued its positive trend. Download document.

January 2019: Update on 3-year IMF Precautionary Stand-by Arrangement (PSBA)

The EPOC met on January 15, 2019 and reviewed the latest available results for the period ending September 2018. Based on the preliminary results for performance to date through the end of November 2018, the GOJ is on track to meet the targets for the Quantitative...

November 2018: Update on 3-year IMF Precautionary Stand-by Arrangement (PSBA)

The EPOC met on November 20, 2018 and reviewed the latest available results for the period ending September 2018. Based on the preliminary results for performance to date through the end of September 2018, the GOJ is on track to meet the targets for the...

September 2018: Update on 3-year IMF Precautionary Stand-by Arrangement (PSBA)

The EPOC met on October 5, 2018 and reviewed the latest available results for the period ending August 2018. The IMF conducted its fourth (4th) review mission during September 10 - 21, 2018 for the period ending June 2018. Based on the preliminary results...

July 2018: Update on 3-year IMF Precautionary Stand-by Arrangement (PSBA)

The EPOC met on July 27, 2018 and reviewed the latest available results for the period ending May 2018. Based on the preliminary results for performance to date through the end of May 2018, Jamaica is on track to meet the targets for the Quantitative...

June 2018: Update on 3-year IMF Precautionary Stand-by Arrangement (PSBA)

The EPOC met on June 29, 2018 and reviewed the latest available results for the period ending April 2018. Based on the preliminary results for performance to date through the end of April 2018, Jamaica is on track to meet the targets for the quantitative...

May 2018: Update on 3-year IMF Precautionary Stand-by Arrangement (PSBA)

April 2018: Update on 3-year IMF Precautionary Stand-by Arrangement (PSBA)

The new Precautionary Stand-By Arrangement (PSBA) with the Government of Jamaica (GOJ) was approved by the Executive Board of the International Monetary Fund (IMF) on November 11, 2016. The Executive Board of the International Monetary Fund completed the 2018 Article...