IMF EFF Jamaica

Jamaica’s housing market ended 2013 under the weight of IMF austerity, with commercial mortgage rates holding at 11–14%, NHT benefit transfers under scrutiny, and a housing deficit of roughly 100,000 units showing little sign of narrowing. Our monthly review covers December 3, 2013 to January 2, 2014.

Jamaica’s housing market ended 2013 under the weight of IMF austerity, with commercial mortgage rates holding at 11–14%, NHT benefit transfers under scrutiny, and a housing deficit of roughly 100,000 units showing little sign of narrowing. Monthly review for December 3, 2013–January 2, 2014.