Latin American Economy & Business - October 2017 (ISSN 1741-7430)

Following a 10-day trip in early September, the IMF has praised the Jamaican government’s ongoing efforts to consolidate the public finances, improvement monetary policy management and reduce external vulnerabilities through reserve accumulation. The Fund only raised one main area of concern, highlighting the need to press ahead with public-sector reform, including job cuts and lower wage hikes. These challenges will test Prime Minister Andrew Holness and his government in the coming months.