Little Risk to Policy Continuity in Jamaica

• Fitch Solutions expect broad, orthodox policy continuity in Jamaica over the coming years.
• IMF-backed reforms, including fiscal consolidation, inflation targeting, and a more liberalized exchange rate regime, will likely outlive the September conclusion of the current Stand-By Arrangement. 
• However, security concerns will persist and public opposition will likely limit further spending cuts, restraining the pace of consolidation efforts.

 (Source: Fitch Solutions)