Jamaica's Premier Financial Factsheet: To Enlighten, Enrich, and Engage.
IMF Reaches Staff Level Agreement on Fifth Review for Jamaica’s Stand-by Arrangement
An International Monetary Fund (IMF) staff team led by Ms. Uma Ramakrishnan visited Kingston from February 25–March 8, 2019, to conduct discussions on the fifth review of Jamaica’s financial and economic program supported by the IMF’s precautionary Stand-By Arrangement (SBA)…
$14-b tax giveback
Finance Minister Dr Nigel Clarke yesterday created a stir in the country when he announced that the Government was “giving back†$14 billion to taxpayers…Clarke said that the Government has decided on a stimulus path on the basis that Jamaica is now in the “best shape†it has been compared to any other period in the last 50 years.
Jamaica in a good place to operate on its own — Duncan
CO-CHAIR of the Economic Programme Oversight Committee (EPOC), Keith Duncan, reckons that Jamaica is in a “good place†to operate on its own when the Precautionary Stand-By Arrangement (PSBA) with the International Monetary Fund (IMF) comes to an end in June.
The economy likely performed well in the fourth quarter on the back of a solid tourism sector and a healthy labor market. In October, the unemployment rate declined in year-on-year terms, while employment increased, most notably among women…