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Country Report Jamaica

  • ID: 2105438
  • June 2016
  • Region: Jamaica
  • 24 Pages
  • The Economist Intelligence Unit
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The prime minister, Andrew Holness of the Jamaica Labour Party (JLP), will struggle to meet high public expectations following campaign pledges of job creation, stronger economic growth and tackling violent crime.

The government's scope for policy manoeuvre will be hampered by a narrow one-seat parliamentary majority, the need to retain the backing of the IMF and a weaker external economic backdrop.

Fiscal austerity, weak domestic demand and a hefty debt burden will limit growth. After a weak expansion of 0.8% in 2015, GDP growth will pick up to 2% in 2018, before slackening thereafter amid a weaker global backdrop.

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Country Report Jamaica

Highlights
Outlook for 2016-20
Review

Outlook for 2016-20: Political stability

Outlook for 2016-20: Election watch

Outlook for 2016-20: International relations

Outlook for 2016-20: Policy trends

Outlook for 2016-20: Fiscal policy

Outlook for 2016-20: Monetary policy

Outlook for 2016-20: International assumptions

Outlook for 2016-20: Economic growth

Outlook for 2016-20: Inflation

Outlook for 2016-20: Exchange rates

Outlook for 2016-20: External sector

Outlook for 2016-20: Forecast summary

Data and charts: Annual data and forecast

Data and charts: Quarterly data

Data and charts: Monthly data

Data and charts: Annual trends charts

Data and charts: Monthly trends charts

Data and charts: Comparative economic indicators

Basic data
Land area
Population
Main towns
Climate
Weather in Kingston (altitude 34 metres)
Language
Measures
Fiscal year
Currency
Time
Public holidays

Political structure
Official name
Form of government
Head of state
The executive
National legislature
Legal system
National elections
National government
Main political organisations
Main members of cabinet
Key ministers
Central bank governor

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