LatinNews Regional Monitor: Caribbean & Central America - 16 March 2017

*** CONTINUED GROWTH PREDICTED FOR JAMAICA. An International Monetary Fund (IMF) team visited Jamaica from 20 February to 3 March. The mission concluded that following seven consecutive quarters of growth, the economy is on track for 1.7% GDP growth in FY2016/17. Growth will improve further in FY2017/18 to 2.1%. Employment is said to be improving “steadily”, but it is still high at 12.9%. The FY2017/18 budget is projecting a primary surplus of 7% of GDP. On the external front, the current account deficit is down to around 3% of GDP.

End of preview - This article contains approximately 553 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

• Subscribe
• Sign up for a one-time, 14-day trial