IMF approves US$30M as Jamaica passes first test.

The Executive Board of the International Monetary Fund (IMF) today completed the first review of Jamaica’s performance under an economic program supported by a four-year, SDR 615.38 million (about US$944 million, the equivalent of 225 percent of Jamaica’s quota in the IMF) Extended Fund Facility (EFF) arrangement. The completion of this review enables the disbursement of SDR 19.97 million (about US$30.6 million), which would bring total disbursements under the arrangement to SDR 156.72 million (about US$240.4 million)

 

http://www.imf.org/external/np/sec/pr/2013/pr13374.htm