IMF Update: Ja Gets More IMF Money – Passes Third IMF Test

Photo Courtesy: Investopedia
Photo Courtesy: Investopedia

diGgers

The Executive Board of the International Monetary Fund (IMF) on March 19 completed the third review of Jamaica’s economic performance under the Extended Fund Facility (EFF) arrangement. The completion of this review enabled the disbursement of approximately US$71.4 million or  SDR 45.9 million, which would bring total disbursements under the arrangement to US$345.8 million or the equivalent of SDR 222.6 million.

Read The Official IMF Press Release: IMF Completes Third Review and Approves US$71.4 Million

In Case You Missed It – See highlights of the economic program for 2014 here.

Check out diGjamaica’s  IMF Special Report which is the only online resource for the public to monitor the progress of Jamaica’s economic programme under the arrangement with the IMF and educate oneself on the key components of the programme.