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IMF Approves $932 Million Jamaica Deal

Above: Kingston (CJ Photo) By Alexander Britell The International Monetary Fund’s Executive Board has approved a $932.3 million Extended Fund Facility arrangement for Jamaica, it announced Wednesday. The four-year EFF represents the equivalent of 225 percent of Jamaica’s quota in […]

News

IMF: Haiti GDP Projected to Grow By 6.5 Percent in 2013

Above: Port-au-Prince (CJ Photo) By the Caribbean Journal staff Haiti’s economy is projected to grow by 6.5 percent in 2013, according to the International Monetary Fund’s latest World Economic Outlook. That number is in line with a projection made by […]

Bureaucracy and Jamaican Growth

By Dennis Chung CJ Contributor FINALLY WE CAN celebrate that we have an IMF agreement again in Jamaica. The real importance of the agreement is that it will bring with it a certain amount of confidence and multilateral support for […]

News

IMF Approves $10.16 Million Disbursement for Antigua and Barbuda

Above: St John’s (CJ Photo) By the Caribbean Journal staff The International Monetary Fund’s Executive Board has approved a $10.162 million disbursement to Antigua and Barbuda, following the completion of its eight and ninth reviews of the country’s economic performance […]


Jamaica's IMF Loan Rises to $958 Million; Board to Decide This Month

Above: Kingston (CJ Photo) By the Caribbean Journal staff A proposed 48-month funding arrangement under the Extended Fund Facility for Jamaica would total $958 million, according to the International Monetary Fund. That number is significantly higher than the $750 million […]


IMF: Trinidad and Tobago's Economy to Grow 1.5 Percent in 2013

Above: Port of Spain By the Caribbean Journal staff Trinidad and Tobago’s economy is projected to grow by around 1.5 percent in 2013, according to the International Monetary Fund, which concluded an Article IV mission to the country this week. […]

News

Multilaterals Begin Discussions of Jamaica's IMF Deal in Washington

Above: the World Bank’s headquarters in Washington By the Caribbean Journal staff The World Bank, the International Monetary Fund and the Inter-American Development Bank have begun talks on their potential commitments for Jamaica’s IMF programme, Finance Minister Dr Peter Phillips […]


Trinidad Energy Ministry, International Monetary Fund Hold Talks

Above: the meeting in Port of Spain By the Caribbean Journal staff Trinidad and Tobago Energy Minister Sen. Kevin Ramnarine held discussions Monday with officials from the International Monetary Fund as part of the organization’s Article IV Consultation. The aim […]


IMF: St Lucia to See Pick-Up in Agriculture, Tourism in 2013

Above: St Lucia By the Caribbean Journal staff Following a period of “anemic” activity since the beginning of the downturn, economic activity in St Lucia is poised to “regain some momentum in 2013,” according to the International Monetary Fund, which […]

Dennis Chung: Jamaica's Survival Under the International Monetary Fund

By Dennis Chung CJ Contributor AT THE END of December 2012, when it became clear no International Monetary Fund (IMF) deal was coming, I wrote an article titled “Jamaica without the IMF,” as I felt that it was important to […]


Op-Ed: What’s Wrong With Jamaica’s International Monetary Fund Deal

By Kent Gammon Op-Ed Contributor JAMAICA JOINED the International Monetary Fund (IMF) in 1963. At that time, Jamaica had positive international net reserves of US$115.8 million falling by 1976 to negative net international reserves of $435.5 million. In 1976, Jamaica […]


Jamaica, IMF Reach $750 Million Staff-Level Agreement

Above: Kingston (CJ Photo) By the Caribbean Journal staff Jamaica has reached its long-awaited agreement with the International Monetary Fund, the organization announced in a statement Friday. The staff-level agreement is on the key elements of an economic programme that […]


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