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Jamaica: Second Review Under the Stand-By Arrangement-Staff Report; Press Release on the Executive Board Discussion

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  • International Monetary Fund

Abstract

Economic activity is weak, but showing incipient signs of a recovery. Domestic financial markets remain stable and the growth outlook has improved. Better prospects for agriculture, mining and quarrying, and construction are expected to increase growth. Macroeconomic performance under the program continues to be positive. Jamaica has taken advantage of the favorable market conditions to ease monetary conditions and build international reserves, and continues to demonstrate a strong commitment to the program. The financial sector has weathered well the impact of the debt exchange.

Suggested Citation

  • International Monetary Fund, 2010. "Jamaica: Second Review Under the Stand-By Arrangement-Staff Report; Press Release on the Executive Board Discussion," IMF Staff Country Reports 2010/358, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2010/358
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=24491
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    Cited by:

    1. Paul J. J. Welfens, 2016. "Overcoming the euro crisis and prospects for a political union," International Economics and Economic Policy, Springer, vol. 13(1), pages 59-103, January.
    2. Maka Chitanava & Maya Grigolia & Lasha Labadze, 2011. "Public Expenditures on Education and Health in Georgia before and during the Global Crisis," CASE Network Reports 0101, CASE-Center for Social and Economic Research.
    3. Durevall, Dick & Loening, Josef L. & Ayalew Birru, Yohannes, 2013. "Inflation dynamics and food prices in Ethiopia," Journal of Development Economics, Elsevier, vol. 104(C), pages 89-106.
    4. Juan Montecino & Jake Johnson, 2012. "Update on the Jamaican Economy," CEPR Reports and Issue Briefs 2012-15, Center for Economic and Policy Research (CEPR).

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