Jamaica: First Reviews Under the Precautionary and Liquidity Line and Under the Resilience and Sustainability Facility Arrangements-Press Release; Staff Report; and Statement by the Executive Director for Jamaica

Jamaica’s commitment to macroeconomic stability and strong policy frameworks continue to allow the country to navigate the difficult global environment. Strong growth continued over the last fiscal year, and sound macroeconomic policies are focused on prioritizing sustainability, supporting growth, and facilitating the convergence of inflation to the midpoint of the central bank’s target band. There are significant risks ahead—from tighter than expected global financial conditions, commodity price volatility, and natural disasters—but the economic outlook remains a positive one.