Suchergebnisse

Cover -- CONTENTS -- POLITICAL CONTEXT -- A LOOK BACK AT THE AUTHORITIES' ACHIEVEMENTS -- OUTLOOK AND RISKS -- PROGRAM PERFORMANCE -- A PATH TO SUSTAINED AND INCLUSIVE GROWTH -- A. Addressing Structural Weaknesses in the Fiscal System -- B. Institutionalizing Inflation Targeting -- C. A Stronger, Growth-Supporting Financial System -- D. Competitiveness and External Sustainability -- E. Improving Social Outcomes -- F. Enhancing Resilience to Climate Change -- PROGRAM POLICIES -- A. FY2018/19 Budget -- B. Public Sector Transformation and Fiscal Risks -- C. Monetary Policy -- D. Other Program Issues -- STATISTICS -- STAFF APPRAISAL -- BOXES -- 1. Social Outcomes, Violence, and Crime -- 2. The Trailblazers: Female Labor Force Participation (LFP) in Jamaica -- FIGURES -- 1. Recent Developments -- 2 Indicators of Weak Agriculture Resilience -- 3. Social Outcomes, Violence, and Crime -- 4. The Trailblazers: Female Labor Force Participation in Jamaica -- 5. Fiscal Developments -- 6. Public Debt -- TABLES -- 1. Selected Economic Indicators -- 2. Summary of Central Government Operations (In millions of Jamaican dollars) -- 3. Summary of Central Government Operations (In percent of GDP) -- 4. Operations of the Public Entities -- 5. Summary Balance of Payments -- 6. Summary Accounts of the Bank of Jamaica -- 7. Summary Monetary Survey -- 8. Financial Sector Indicators -- 9. Schedule of Reviews and Purchases -- 10. Structural Program Conditionality -- 11. Quantitative Performance Criteria -- 12. Indicators of Fund Credit, 2018-27 -- ANNEXES -- I. Risk Assessment Matrix -- II. Debt Sustainability Analysis -- III. Towards a Broad-Based, Low-Rate Tax Regime -- IV. 2018 External Sector Assessment -- V. Building Resilience to Floods, Droughts, and Disasters -- VI. Implementation of Advice in Last Article IV -- APPENDIX -- I. Letter of Intent

Cover -- CONTENTS -- STRENGTHENED FUNDAMENTALS BUT FRAGILE GROWTH -- STEADY PROGRAM IMPLEMENTATION -- STAYING THE COURSE TOWARDS PUBLIC DEBT SUSTAINABILITY -- MONETARY POLICY TRADE-OFFS TO ANCHOR INFLATION AND SUPPORT GROWTH -- COMPLETING THE CRITICAL REFORMS IN THE FINANCIAL SECTOR -- LAYING THE FOUNDATION FOR GROWTH -- PROGRAM ISSUES -- STAFF APPRAISAL -- BOXES -- 1. Structural Reform Progress Since the 8th Review -- 2. PetroCaribe Debt Buyback -- 3. Real Exchange Rate and Growth -- FIGURES -- 1. Macroeconomic and Financial Developments -- 2. Fiscal Developoments -- TABLES -- 1. Selected Economic Indicators -- 2. Summary of Central Government Operations (In millions of Jamaican dollars) -- 3. Summary of Central Government Operations (In percent of GDP) -- 4. Operations of the Public Entities -- 5. Summary of Balance of Payments -- 6. Summary Accounts of the Bank of Jamaica -- 7. Summary Monetary Survey -- 8. Financial Sector Indicators -- 9. Structural Program Conditionality -- 10. Quantitative Performance Criteria -- 11. Indicators of Fund Credit, 2015-26 -- 12. Schedule of Reviews and Purchases -- ANNEX -- I. Debt Sustainability Analysis -- APPENDIX -- I. Letter of Intent -- Attachment 1. Memorandum of Economic and Financial Policies -- Attachment 2. Technical Memorandum of Understanding.

This 2014 Article IV Consultation highlights that a gradual economic recovery appears to be under way in Jamaica. Growth is estimated at 0.9 percent in FY2013/14, as mining, agriculture, and tourism picked up. Recorded unemployment remains high, but fell from 16 percent to 13.5 percent (in seasonally adjusted terms) from April 2013 to January 2014. Inflation declined to 7.6 percent (year over year) at end-April, as the impact of the ongoing depreciation of the exchange rate was countered by weak domestic demand. Growth is projected to reach almost 1½ percent in 2014â??2015, as the negative fi

Cover -- CONTENTS -- POLITICAL CONTEXT -- BACKGROUND: TOWARD STABILITY AND GROWTH -- RECENT DEVELOPMENTS, OUTLOOK, AND RISKS -- A. Recent Developments -- B. Outlook and Risks -- PROGRAM IMPLEMENTATION -- POLICY DISCUSSIONS: PROMOTING STABILITY AND RAISING POTENTIAL GROWTH -- A. Safeguarding Macroeconomic Stability -- B. Raising Potential Growth and Creating Jobs -- PROGRAM POLICIES -- A. 2016/17 Budget -- B. Monetary, Exchange Rate and Financial Sector Policies -- C. Other Program Issues -- STATISTICS -- STAFF APPRAISAL -- BOXES