LEADER 04168oam 22010214 450 001 9910155012903321 005 20230913112557.0 010 $a1-4755-5337-4 010 $a1-4755-5343-9 035 $a(CKB)3710000000973036 035 $a(BIP)077139170 035 $a(BIP)077143786 035 $a(IMF)1JAMEA2016004 035 $a(EXLCZ)993710000000973036 100 $a20020129d2016 uf 0 101 0 $aeng 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aJamaica : $eRequest for Stand By Arrangement and Cancellation of the Current Extended Arrangement Under the Extended Fund Facility-Press Release and Staff Report 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2016. 215 $a1 online resource (84 p.) 225 1 $aIMF Staff Country Reports 311 $a1-4755-5336-6 330 3 $aThis paper discusses Jamaica?s Request for Stand By Arrangement (SBA) and Cancellation of the Current Extended Arrangement Under the Extended Fund Facility (EFF). Fiscal discipline and proactive debt management have helped reduce public debt by more than 25 percent of GDP since the start of the extended arrangement under the EFF. Macroeconomic stability is becoming entrenched as evidenced by low inflation, the buildup of foreign currency reserves, and a decline in the current account deficit. Important reforms are also being undertaken to unlock Jamaica?s growth potential. In view of the country?s recent track record and authorities? commitment to reforms and maintaining an open dialog with the IMF, the IMF staff supports the request for the precautionary SBA. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2016/350 606 $aBanks and Banking$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aDebt$2imf 606 $aDebt Management$2imf 606 $aSovereign Debt$2imf 606 $aPublic Enterprises$2imf 606 $aPublic-Private Enterprises$2imf 606 $aPublic Administration$2imf 606 $aPublic Sector Accounting and Audits$2imf 606 $aNational Government Expenditures and Related Policies: General$2imf 606 $aCentral Banks and Their Policies$2imf 606 $aPublic finance & taxation$2imf 606 $aCivil service & public sector$2imf 606 $aFinancial administration & public finance law$2imf 606 $aBanking$2imf 606 $aPublic debt$2imf 606 $aPublic sector$2imf 606 $aPFM legal and regulatory frameworks$2imf 606 $aExpenditure$2imf 606 $aOpen market operations$2imf 606 $aEconomic sectors$2imf 606 $aPublic financial management (PFM)$2imf 606 $aCentral banks$2imf 606 $aDebts, Public$2imf 606 $aFinance, Public$2imf 606 $aLaw and legislation$2imf 606 $aExpenditures, Public$2imf 607 $aJamaica$2imf 615 7$aBanks and Banking 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aDebt 615 7$aDebt Management 615 7$aSovereign Debt 615 7$aPublic Enterprises 615 7$aPublic-Private Enterprises 615 7$aPublic Administration 615 7$aPublic Sector Accounting and Audits 615 7$aNational Government Expenditures and Related Policies: General 615 7$aCentral Banks and Their Policies 615 7$aPublic finance & taxation 615 7$aCivil service & public sector 615 7$aFinancial administration & public finance law 615 7$aBanking 615 7$aPublic debt 615 7$aPublic sector 615 7$aPFM legal and regulatory frameworks 615 7$aExpenditure 615 7$aOpen market operations 615 7$aEconomic sectors 615 7$aPublic financial management (PFM) 615 7$aCentral banks 615 7$aDebts, Public 615 7$aFinance, Public 615 7$aLaw and legislation 615 7$aExpenditures, Public 801 0$bDcWaIMF 906 $aBOOK 912 $a9910155012903321 996 $aJamaica$92610030 997 $aUNINA