Jamaica Close to IMF Deal

Jamaica Close to IMF Deal

Jamaica Loans

Jamaica could receive up to $958m in financing from the International Monetary Fund (IMF), following its $9.1bn-equivalent domestic debt restructuring closed in March. A $750m 4-year loan is expected, which the IMF’s board will consider approving by the end of this month. “The success of this program crucially depends on full and timely policy implementation by Jamaica of a coordinated set of reforms to strengthen the public finances, restore debt sustainability, enhance growth, and bolster the

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial