Jamaica Likely To Pass First IMF Test – EPOC
The oversight committee monitoring conditionalities under the International Monetary Fund (IMF) programme says Jamaica is on track to achieve the first quarterly targets.
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Jamaican Economy Still Developing
Jamaican Economy Still Developing
Jamaica Gleaner: AS WE approach Emancipation Day and Independence Day, we all must agree that despite the challenges we face, Jamaica has achieved a lot.
Jamaica’s IMF Facility Necessary Step, but Risks Persist
Jamaica’s IMF Facility Necessary Step, but Risks Persist
Fitch Ratings-Chicago-02 May 2013: Final approval of the International Monetary Fund’s (IMF) four-year Extended Fund Facility (EFF) for Jamaica represents a necessary step in the country’s efforts to stabilize domestic confidence, manage external vulnerabilities and increase the sustainability of public finances. However, Fitch Ratings believes that implementation risks are high given the program’s demanding targets and Jamaica’s erratic record in completing previous IMF programs.
IMF Deal Approved
Finance Minister, Dr Peter Phillips, announced a short while ago that Jamaica’s application for a four-year Extended Fund Facility with the International Monetary Fund (IMF) has been approved in the amount of SDR615.4 million or approximately US$932.3 million.