Jamaica Fiscal Adjustment

By the second quarter of 2015, Jamaica’s tourism sector had done something it had never managed through the decade of…

Jamaica entered 2015 with two years of consecutive economic growth, an IMF programme that had passed every review, and a…

In the second half of 2014, a decision taken by OPEC’s Gulf members to maintain production levels as global demand…

By the summer of 2014, Jamaica’s tourism sector was no longer a story about resilience — it was a story…

The second quarter of 2014 placed two stories in tension with each other. On the foreign exchange market, the Jamaican…

Jamaica entered the first quarter of 2014 with something it had not possessed in five years: a functioning IMF programme,…

When Jamaica’s statistical authorities compiled the 2013 GDP figures, the number that emerged — positive zero point two per cent…

Three months into the Extended Fund Facility that had cost Jamaica years of painful preparation to obtain, the first evidence…

On May 1, 2013, the International Monetary Fund’s Executive Board approved a four-year Extended Fund Facility for Jamaica worth approximately…

In February 2013, Jamaica did something it had already done once before and hoped never to do again: it asked…

In the last three months of 2012, Jamaica’s economic story reached its most difficult chapter. Hurricane Sandy battered the island…

Halfway through 2012, Jamaica’s economy had still not found its footing. GDP was contracting for the second year running, the…

The IMF Stand-By Arrangement that had anchored Jamaica’s fiscal credibility since 2010 expired in May 2012 without a successor programme…

With a domestic debt exchange imminent and IMF negotiations advancing, Jamaica’s housing market waits as the NHT transfer debate intensifies in Parliament.

When Portia Simpson-Miller took the oath of office on January 5, 2012, she assumed more than the prime ministership —…