Jamaica : First Review Under the Extended Arrangement Under the Extended Fund Facility and Request for Modification of Performance Criteria.

This paper discusses Jamaica's First Review Under the Extended Arrangement Under the Extended Fund Facility (EFF) and Request for Modification of Performance Criteria. All end-June quantitative conditions and all structural benchmarks were met. The 2013/14 budget is in line with the program. Ec...

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Bibliographic Details
Corporate Author: International Monetary Fund. Western Hemisphere Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Staff Country Reports; Country Report ; No. 2013/304
Online Access:Full text available on IMF
Description
Summary:This paper discusses Jamaica's First Review Under the Extended Arrangement Under the Extended Fund Facility (EFF) and Request for Modification of Performance Criteria. All end-June quantitative conditions and all structural benchmarks were met. The 2013/14 budget is in line with the program. Economic developments remain in line with program assumptions and the macroeconomic outlook and financing scenario remain broadly unchanged from the program approval. The authorities have committed to press ahead with the next round of reforms. Based on the performance to date and the authorities' updated policy intentions, the IMF staff recommends completion of the first review under the EFF.
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Physical Description:1 online resource (72 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students