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Foreign options widen as economy recovers in Jamaica

Monday, June 17, 2019

Subject

Jamaica's political and economic outlook.

Significance

At the end of April the IMF conducted its fifth review under its stand-by arrangement with Jamaica. Again the news was generally positive, with continued growth, falling unemployment and a buoyant stock exchange.

Impacts

  • International relations will face challenges from the Venezuelan crisis and Brexit.
  • Mild economic recovery will not suffice to combat high levels of crime.
  • Forthcoming elections could jeopardise the government’s commitment to reform.
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