Jamaica : thirteenth review under the arrangement under the extended fund facility ; press release ; and staff report.

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, 2016.
©2016
Description:1 online resource (69 pages) : color illustrations.
Language:English
Series:IMF Country Reports ; no. 16/297
IMF country report ; no. 16/297.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12507605
Hidden Bibliographic Details
Other authors / contributors:International Monetary Fund, issuing body.
ISBN:1475536917
9781475536911
Notes:"September 2016."
Includes bibliographical references.
Online resource; title from pdf title page (IMF.org website, viewed October 7, 2016).
Summary:Stable but slow expansion. Inflation and the current account deficit continue to be contained, thanks to relatively low oil prices and the government's policy efforts. Growth is projected to be 1.7 percent for FY2016/17 with improving prospects for investment, including in tourism and strong agricultural recovery. Unemployment, however, remains high, hampered by the weak activity in recent years. The poverty rate is also high at about 20 percent of the population. Exemplary performance under the program. All performance criteria and structural benchmarks have been met. Based on the authorities' continued strong program implementation and their forward-looking policy commitments, staff recommends completion of the thirteenth review.