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WiredJa Online News

JAMAICA | IMF give thumbs up to Jamaica's economic programme

WASHINGTON, DC, December 8, 2018 -An IMF review of Jamaica's economic programme under the  precautionary Stand-By arrangement, says  “Positive developments continue to sustain Jamaica’s economic reform program. The unemployment rate is at an all-time low of 8.4 percent, with significant gains among women and younger workers. Inflation is in the Bank of Jamaica’s (BOJ) target range of 4–6 percent.

Jamaica to develop policy for natural disaster risk management

Kingston, Jamaica: 29 April 2018 - Prior to the end of the Precautionary Stand-By Arrangement with the IMF Jamaica will develop, with the technical assistance of multilateral partners, a Public Financial Management Policy for Natural Disaster Risk combined with a ten-year operational plan for its implementation that takes into account fiscal space and other limitations.
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