Caribbean & Central America - May 2019

JAMAICA: Kingston continues to get good marks from IMF

In late April, the International Monetary Fund (IMF) completed its fifth review of Jamaica’s performance under the programme supported by the 2016 Stand-by Arrangement (SBA). Yet again, Jamaica got high praise from the lender; but, also yet again, projections for growth continue to look lacklustre. In another development in April, Jamaica became the fifth Caribbean nation to join China’s Belt and Road Initiative (BRI). Perhaps that can provide some needed impetus to the economy.

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