Jamaica; 2005 Article IV Consultation: Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion

This 2005 Article IV Consultation highlights that the economic activity in Jamaica has been adversely affected by shocks. Real GDP contracted sharply in late 2004 following the devastating effects of Hurricane Ivan. Thereafter, while output recovered, it was dampened by the poor performance of agriculture, which suffered from adverse weather conditions. The nominal exchange rate has depreciated in recent months. Fiscal targets have been missed, and the monetary policy has been geared at containing inflation while also seeking to engender a sustainable reduction in interest rates.

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Year of publication:	2006-05-01
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultations \| Staff appraisals \| Staff Reports \| Public debt \| Financial sector \| External debt \| Economic indicators \| inflation \| current account \| central bank \| debt burden \| government debt \| debt reduction \| gdp deflator \| debt sustainability \| monetary policy \| foreign currency \| debt ratio \| real interest rate \| debt stock \| public sector debt \| balance of payments \| current account balance \| domestic currency \| debt dynamics \| currency debt \| foreign exchange \| debt management \| high inflation \| budget balance \| money supply \| budget expenditure \| external debt sustainability \| nominal interest rate \| external financing \| price level \| repayments \| current account deficit \| long-term debt \| dollar value \| foreign currency debt \| total external debt \| debt outstanding \| public debt management \| financial stability \| aggregate demand \| debt management strategy \| macroeconomic performance \| debt service \| short-term debt \| reserve assets \| domestic financing \| data processing \| low inflation \| debt accumulation \| loan disbursements \| inflation target \| reserve bank \| external funding \| domestic debt \| general resources account \| money growth \| net debt \| rising inflation \| concessional debt \| real disposable incomes \| debt management capacity \| real interest rates \| debt data \| official creditors \| inflation rate \| increase in interest rates \| multilateral debt

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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 06/158 5 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011245004