Jamaica's Macroeconomic Indicators Continue to Improve
Bank of Jamaica Governor, Brian Wynter, says Jamaica's overall economic indicators continue to improve. Among the conditions he highlighted are:
- Low inflation, which is expected to remain on the lower end of the bank's target of 4%-6%.
- NIR reserves are increasing and balance of payments are expected to remain at sustainable levels.
- Market interest rates are at record lows and are on a downward trajectory.
- Fiscal performance remains strong.
Source: Gleaner May 28, 2018