Jamaica; Interim Staff Report Under Intensified Surveillance

This paper reviews the Interim Staff Report Under Intensified Surveillance for Jamaica. Following the adverse economic impact of Hurricane Ivan, the outlook for FY 2005/06 is for a rebound in growth in the context of broad macroeconomic stability. Real GDP growth slowed, and damage to agriculture contributed to double-digit inflation in FY 2004/05. Achieving the envisaged further reduction in the public debt-to-GDP ratio to 100 percent over the next four years will be challenging and demand high fiscal discipline. The IMF staff welcomes the continuing progress toward strengthening the regulatory and supervisory framework of the financial system.

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Year of publication:	2005-06-28
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Article IV consultations \| Budgetary policy \| Economic indicators \| Enhanced surveillance \| Staff Reports \| public debt \| budget balance \| current account \| external debt \| budget expenditure \| central bank \| current account deficit \| government debt \| debt ratio \| debt reduction \| tax reform \| currency debt \| tax administration \| fiscal adjustment \| foreign currency debt \| global liquidity \| debt sustainability \| domestic debt \| domestic currency \| budget deficit \| balance of payments \| debt dynamics \| fiscal consolidation \| primary expenditure \| fiscal policy \| fiscal targets \| budget surplus \| fiscal discipline \| external financing \| interest expenditure \| debt obligations \| debt sustainability analysis \| net debt \| current account balance \| debt stock \| capital expenditure \| fiscal position \| government deficit \| tax reforms \| primary budget surplus \| debt burden \| long-term debt \| taxation \| fiscal program \| private creditors \| fiscal years \| tax policy \| domestic financing \| fiscal surpluses \| debt management \| amount of debt \| fiscal balance \| tax revenues \| fiscal adjustment effort \| fiscal assumptions \| fiscal policy objectives \| fiscal accounts \| public debt management \| budgetary adjustment \| primary deficit \| short-term debt \| official creditors \| public sector debt \| taxation of labor \| general resources account \| external shocks \| fiscal stance

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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 05/219 2 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005591189