Jamaica has met all targets under the International Monetary Fund’s precautionary stand-by arrangement, for the period ending December 2018.
Finance Minister Dr. Nigel Clarke indicated the government’s concurrence with the IMF, that Jamaica’s economic reform programme remains strong, consequent on consistent policy implementation.
He was speaking at the joint government of Jamaica /IMF press conference for the 5th mission review, at the Finance Ministry in Kingston yesterday (Mar 8).
Dr. Clarke assured that the government remains fully committed to the reform agenda and is escalating efforts to increase domestic investment and growth, boost job creation, and bolster economic resilience while maintaining fiscal prudence.
The IMF Executive Board is scheduled to consider the 5th review in April.
Meantime, IMF Mission Chief for Jamaica Dr. Uma Ramakrishnan lauded the government on its performance over the review period.
She noted that strong implementation of the reform programme continues with the sustained commitment yielding tangible dividends for the people of Jamaica.