Reform-Minded Policy to Continue In Jamaica

 Key View

• Broad political consensus on IMF-backed reforms and a congressional majority will support policy continuity under Jamaican Prime Minister Andrew Holness. 
• Reforms to the Bank of Jamaica (BoJ) will likely be enacted in the coming weeks, increasing the independence of the central bank. 
• Fiscal consolidation will remain a government priority, but we note that policy fatigue will likely limit the scope for future cuts. 

 

Source: Fitch