Jamaica IMF Programme

Jamaica closes 2019 in the strongest economic position in a generation. A year-end housing market review and cautiously optimistic look ahead as the new decade begins.

Jamaica graduates from its IMF programme in November 2019, cementing economic credibility. The housing market closes Q3 in strong form with rising prices and active NHT delivery.

As 2018 closes, Jamaica’s housing market remains steady, underpinned by IMF-backed fiscal discipline and resilient tourism revenues.

Jamaica’s housing market builds toward the July 1 NHT benefit launch as buyer demand strengthens and the tourism sector drives north coast property investment.

After 14 months of IMF austerity, Jamaica’s housing sector takes stock of a year in which fiscal discipline has come at a measurable cost to housing output and affordability.

As Jamaica enters its second year under the IMF EFF, the NHT pipeline feels the pinch of Consolidated Fund transfers and tight construction budgets.

Jamaica’s housing sector enters 2014 under IMF austerity, with NHT rates far below commercial lenders but fiscal pressure mounting on housing budgets.

As Jamaica’s mid-year fiscal review approaches, the property market weighs improving monetary conditions against persistently high commercial mortgage rates and a cautious construction pipeline.

Publication Date: July 3, 1999 | Coverage Period: June 3–July 2, 1999 | Category: Monthly Review Month in Brief The…