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IMF
The IMF’s role in Jamaica’s economy — structural adjustment programmes, debt agreements, and fiscal oversight.
Jamaica closed 2016 with GDP growth of approximately 1.4 per cent — the island’s strongest annual expansion since before the…
Hurricane Irma carved a path of catastrophic destruction through the northern Caribbean in early September — but tracked north of Jamaica, sparing the island a direct hit. The market, briefly subdued by anxiety, resumed its pace within weeks.
As Jamaica’s IMF Extended Fund Facility moved into its penultimate quarterly review, the economy it had reshaped was performing at…
The schemes that developers launched on the back of 2014’s returning confidence are completing into a market that absorption can no longer be taken for granted — because it is happening faster than anyone projected.
When Finance Minister Audley Shaw rose in parliament to present Jamaica’s Budget 2016-17, the fiscal community was watching for signs…
With stamp duty gone and a new IMF precautionary arrangement in place, Jamaica’s property market enters 2017 carrying momentum it has not felt since before the global financial crisis. The question is no longer whether the market is recovering. It is how far it can run.
On the night of February 25, 2016, Jamaica’s voters delivered the closest general election result in the island’s modern history,…
Hurricane Matthew struck Jamaica’s southern parishes in early October, causing localised devastation but leaving the wider property market’s momentum largely intact. The year ends with the market structurally stronger than any year since 2006.
Jamaica closed 2015 with GDP growth confirmed at approximately 0.9 per cent — the third consecutive year of expansion since…
Three months after stamp duty’s abolition, the transaction data is arriving. The market is absorbing the reform at speed — and revealing which segments were most constrained by the cost that has now been removed.
Jamaica’s peak summer season delivered another record quarter for hotel arrivals in 2015, offering the clearest evidence yet that the…
Audley Shaw’s May budget delivered what two administrations had debated for a decade: stamp duty on property abolished, transfer tax cut to two percent. The market did not wait for the ink to dry.
By the second quarter of 2015, Jamaica’s tourism sector had done something it had never managed through the decade of…
Andrew Holness returns to Jamaica House with a single-seat majority, a market mid-breath, and a promise to abolish stamp duty. The quarter that changed everything began, improbably, in a February rain.
Jamaica entered 2015 with two years of consecutive economic growth, an IMF programme that had passed every review, and a…