Jamaica: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Jamaica

International Monetary Fund

No 2007/152, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2007 Article IV Consultation highlights that Jamaica’s economy is estimated to have achieved its best growth performance in over a decade during FY2006/07, which ended on March 31, 2007. Notwithstanding some recent moderation of momentum, the economy is estimated to have expanded by just below 3 percent in real terms, up from 2 percent the previous year and 0.4 percent the year before. Monetary policy remains focused on containing inflation while seeking to engender a sustainable reduction in interest rates.

Keywords: ISCR; CR; debt; fiscal year; GDP; BoJ special issue bond; BoJ cash loss; BoJ special issue; draft FY 2007/08 budget; inflation rate; debt estimate; Public sector; Exchange rates; Caribbean; Global (search for similar items in EconPapers)
Pages: 58
Date: 2007-05-07
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