Jamaica: Third Reviews Under the Arrangement Under the Precautionary and Liquidity Line and the Arrangement Under the Resilience and Sustainability Facility-Press Release and Staff Report

Supported by strong policy frameworks, Jamaica has managed to respond to recent global shocks prudently. Policies have supported the economy while still reducing public debt and inflation. Growth has been solid, the external position has strengthened, and the economic outlook remains a positive one. The latter is still exposed to risks from a global growth deceleration, tighter than expected global financial conditions, commodity price volatility, and natural disasters.