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IMF releases $70m to Jamaica as fiscal reforms bear fruit
Zone(s): Jamaica ¦ Sector(s): IMF Funding
Jamaica has so far received $414.4m through the extended arrangement under the IMF’s Extended Fund Facility agreed at the start of May last year. The programme is designed to tackle the challenges of low growth and high debt and has helped Jamaica to tighten its fiscal policy implement structural reforms, including wide-ranging tax reforms.