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WiredJa Online News

Jamaica passes ninth IMF Review, gets US40-million drawdown

The Executive Board of the International Monetary Fund (IMF) says Jamaica has successfully completed the ninth review of its economic performance under the program supported by a four-year, SDR 615.38 million (about US$932.3 million at the time of approval) arrangement under the Extended Fund Facility (EFF).

Jamaica on course for 9th drawdown of funds from IMF

Jamaica is on course for a ninth drawdown of funds from the International Monetary Fund (IMF). This is based on the country’s positive performance for the first quarter of the fiscal year under the Extended Fund Facility (EFF), despite the effects of severe drought.

Jamaica on Track to Get $40 Million from IMF

KINGSTON,  Jamaica May 13, 2015 - Jamaica is on course for a ninth drawdown from the International Monetary Fund (IMF), totalling US$40 million, based on the country’s performance during the January to March quarter, despite recording a shortfall in the 7.5 per cent primary surplus target for fiscal year 2014/15.
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