Jamaica: 2005 Article IV Consultation - Staff Report; Staff Supplement; and Public Information Notice on the Executive Board Discussion (Google eBook)

Front Cover
International Monetary Fund, May 1, 2006 - Business & Economics - 29 pages
0 Reviews
This 2005 Article IV Consultation highlights that the economic activity in Jamaica has been adversely affected by shocks. Real GDP contracted sharply in late 2004 following the devastating effects of Hurricane Ivan. Thereafter, while output recovered, it was dampened by the poor performance of agriculture, which suffered from adverse weather conditions. The nominal exchange rate has depreciated in recent months. Fiscal targets have been missed, and the monetary policy has been geared at containing inflation while also seeking to engender a sustainable reduction in interest rates.
  

What people are saying - Write a review

We haven't found any reviews in the usual places.

Common terms and phrases

Bibliographic information