Light On The Fiscal Horizon

BMI View: We believe Jamaica is on track to meet the Q210 IMF hurdle for its Q210 Stand-By agreement thanks to the recent buoyancy of the country's external accounts, which is good news for a degree of fiscal consolidation in H210. Although political opposition and global economic headwinds will likely see a fiscal deterioration in 2011, structural economic reform should provide considerable improvement to the Caribbean state's poor fiscal picture over the longer term, in our

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