Jamaica: Third Review Under the Stand-By Arrangement-Staff Report; Informational Annex; Staff Supplement; and the Press Release on the Executive Board Discussion.

Publication Date:

February 11, 2011

Electronic Access:

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Summary:

Economic developments and growth of Jamaica are discussed in this paper. Despite the good performance under the program through end-September, mounting spending pressures and delays in some fiscal reforms have required the adoption of corrective measures by the authorities. The authorities concurred with IMF staff that the potential spending overruns reflected weaknesses in expenditure management that needed to be urgently addressed. To offset the expenditure overruns, the government has adopted a number of compensatory measures.

Series:

Country Report No. 2011/049

Subject:

English

Publication Date:

February 11, 2011

ISBN/ISSN:

9781455217717/1934-7685

Stock No:

1JAMEA2011001

Pages:

90

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