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The Challenges of Fiscal Consolidation and Debt Reduction in the Caribbean1

The Challenges of Fiscal Consolidation and Debt Reduction in the Caribbean1 »

Source: The Challenges of Fiscal Consolidation and Debt Reduction in the Caribbean

Volume/Issue: 2012/276

Series: IMF Working Papers

Author(s): Charles Amo Yartey , Machiko Narita , Garth Peron Nicholls , and Joel Chiedu Okwuokei

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 19 November 2012

ISBN: 9781557754967

Keywords: public debt, fiscal consolidation efforts, fiscal performance, fiscal adjustment, Forecasts of Budgets, Deficits, and Debt,

This paper examines debt dynamics in the Caribbean and discusses policy options for reducing the high debt levels. Based on empirical studies of factors underlying global large debt reduction episodes, important po...

IMF Concludes 2004 Article IV Consultation with Jamaica

IMF Concludes 2004 Article IV Consultation with Jamaica »

Source: Jamaica : Staff Report for the 2004 Article IV Consultation

Volume/Issue: 2004/263

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 August 2004

ISBN: 9781451820133

Keywords: debt, interest, public debt, budget, interest rate

This 2004 Article IV Consultation highlights that following the near crisis in the first half of 2003, the authorities in Jamaica have succeeded over the past year in stabilizing the economy and restoring market co...

IMF Executive Board Approves US$1.27 Billion Stand-By Arrangement with Jamaica

IMF Executive Board Approves US$1.27 Billion Stand-By Arrangement with Jamaica »

Source: Jamaica : 2009 Article IV Consultation and Request for a Stand: By Arrangement: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion

Volume/Issue: 2010/267

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 July 2010

ISBN: 9781455203475

Keywords: debt, interest, public sector, budget, financial sector

Jamaica has been stuck in a cycle of low growth and high debt dynamics. It has been severely impacted by the global economic slowdown, and finances have deteriorated. Jamaica's objective of virtually eliminating th...

IMF Executive Board Concludes 2007 Article IV Consultation with Jamaica

IMF Executive Board Concludes 2007 Article IV Consultation with Jamaica »

Source: 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

Volume/Issue: 2007/152

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 May 2007

ISBN: 9781451820201

Keywords: debt, interest, public sector, interest rate, budget

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 r...

IMF Executive Board Concludes 2005 Article IV Consultation with Jamaica

IMF Executive Board Concludes 2005 Article IV Consultation with Jamaica »

Source: Jamaica : Staff Report for the 2005 Article IV Consultation

Volume/Issue: 2006/158

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2006

ISBN: 9781451820188

Keywords: debt, interest, interest rate, budget

This 2005 Article IV Consultation highlights that the economic activity in Jamaica has been adversely affected by shocks. Real GDP contracted sharply in late 2004 following the devastating effects of Hurricane Ivan...

IMF Executive Board Concludes 2009 Article IV Consultation with Jamaica

IMF Executive Board Concludes 2009 Article IV Consultation with Jamaica »

Source: Jamaica : 2009 Article IV Consultation and Request for a Stand: By Arrangement: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion

Volume/Issue: 2010/267

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 July 2010

ISBN: 9781455203475

Keywords: debt, interest, public sector, budget, financial sector

Jamaica has been stuck in a cycle of low growth and high debt dynamics. It has been severely impacted by the global economic slowdown, and finances have deteriorated. Jamaica's objective of virtually eliminating th...

IMF Executive Board Concludes 2008 Article IV Consultation with Jamaica

IMF Executive Board Concludes 2008 Article IV Consultation with Jamaica »

Source: Jamaica : 2008 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Jamaica

Volume/Issue: 2008/199

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 2008

ISBN: 9781451820225

Keywords: debt, interest, budget, external debt, deficit

Economic growth variability is low in Jamaica, with deviations driven more by weather than by external conditions. External developments do, however, have large financial implications for Jamaica. Developments in J...

IMF Executive Board Concludes First Review Under Stand–By Arrangement with Jamaica and Approves US$ 93.9 million Disbursement

IMF Executive Board Concludes First Review Under Stand–By Arrangement with Jamaica and Approves US$ 93.9 million Disbursement »

Source: Jamaica : 2010 First Review of the Stand-By Arrangement: Staff Report; Press Release on the Executive Board Discussion

Volume/Issue: 2010/268

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 August 2010

ISBN: 9781455203482

Keywords: debt, interest, public entities, public sector, budget

Jamaica has performed well under the Stand-By Arrangement program. Executive Directors commended that overall macroeconomic performance under the program has been encouraging. Directors welcomed the program aimed a...

IMF Executive Board Concludes Second Review Under Stand-By Arrangement with Jamaica and Approves US$49.2 Million Disbursement

IMF Executive Board Concludes Second Review Under Stand-By Arrangement with Jamaica and Approves US$49.2 Million Disbursement »

Source: Jamaica : Second Review Under the Stand-By Arrangement-Staff Report; Press Release on the Executive Board Discussion

Volume/Issue: 2010/358

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 December 2010

ISBN: 9781455212804

Keywords: debt, public sector, interest, public entities, budget

Economic activity is weak, but showing incipient signs of a recovery. Domestic financial markets remain stable and the growth outlook has improved. Better prospects for agriculture, mining and quarrying, and constr...

Jamaica
			: 2009 Article IV Consultation and Request for a Stand:  By Arrangement:  Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion

Jamaica : 2009 Article IV Consultation and Request for a Stand: By Arrangement: Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion »

Volume/Issue: 2010/267

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 July 2010

DOI: http://dx.doi.org/10.5089/9781455203475.002

ISBN: 9781455203475

Keywords: debt, interest, public sector, budget, financial sector

Jamaica has been stuck in a cycle of low growth and high debt dynamics. It has been severely impacted by the global economic slowdown, and finances have deteriorated. Jamaica's objective of virtually eliminating th...