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

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.

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Year of publication:	2010-12-09
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Announcements \| Economic indicators \| Financial sector \| Fiscal reforms \| Staff Reports \| Stand-by arrangement reviews \| Tax reforms \| international reserves \| bonds \| external debt \| current account \| public debt \| financial institutions \| debt stock \| budget balance \| financial system \| government debt \| debt sustainability \| budget expenditure \| domestic financial markets \| debt exchange \| repayments \| balance of payments \| public sector debt \| current account balance \| financial market \| debt management \| financial markets \| external debt sustainability \| nominal interest rate \| eurobonds \| principal repayments \| external payments \| current account deficit \| financial policies \| debt services \| reserve requirements \| domestic currency \| external debt services \| denominated bonds \| foreign currency debt \| currency debt \| domestic bonds \| debt management strategy \| external borrowing \| debt ratio \| debt dynamics \| central bank \| short-term debt \| financial services \| portfolio investment \| currency risk \| stock of debt \| nominal exchange rate \| financial statements \| financial stability \| financial organizations \| domestic-currency \| debt management agency \| reserve assets \| payment arrears \| repurchases \| external payment \| eurobond \| effective interest rate \| financial assets \| bond yields \| debt management functions \| treasury bonds \| official creditors \| domestic debt \| eurobond yields \| total external debt \| public finances \| nominal depreciation \| bond \| long-term debt \| government deficit \| debt data \| deposit insurance \| present value \| external financing \| current accounts \| external disbursements \| interest rates on treasury bonds

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 10/358 8 pages long
Source:	RePEc - Research Papers in Economics

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