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Jamaica Interim Staff Report Under Intensified Surveillance

This paper reviews the Interim Staff Report Under Intensified Surveillance for Jamaica. The authorities have reaffirmed their objective of balancing the budget in FY 2005/06, while recognizing that this now poses a greater challenge. The IMF staff now estimates that measures in the range of 2.5–3.0...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Staff Country Reports
Subjects:
Foreign Exchange Reserves
Public Debt
Budget Systems
Public Finance & Taxation
Debt Management
Open Market Operations
Debts, Public
Debt
Budget Planning And Preparation
Budgeting
National Government Expenditures And Related Policies: General
Central Banks
Sovereign Debt
Expenditure
International Reserves
Banks And Banking
Expenditures, Public
Budget
Public Financial Management (pfm)
Banking
Central Banks And Their Policies
National Budget
Budgeting & Financial Management
Public Finance
Monetary Policy
Jamaica
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper reviews the Interim Staff Report Under Intensified Surveillance for Jamaica. The authorities have reaffirmed their objective of balancing the budget in FY 2005/06, while recognizing that this now poses a greater challenge. The IMF staff now estimates that measures in the range of 2.5–3.0 percent of GDP would be required to meet this goal, compared with the IMF staff’s estimate of 1.7 percent of GDP at the time of the 2004 Article IV consultation. The room to maneuver in monetary and exchange rate policy remains constrained by the debt overhang
Physical Description:25 pages
ISBN:9781451820140

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