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What Is A Staff Level Agreement

„Fiscal and monetary policy under the programme will continue to ensure macroeconomic stability; through equitable, growth-friendly and inclusive reduction of fiscal and external vulnerabilities. Gradual and steady fiscal consolidation and a reform path will help reduce public debt over the programming period, while creating sufficient space for social and investment spending. Monetary policy will continue to be anchored by the anchoring of exchange rates, which will serve the economy well. International reserves are kept at a comfortable level. „The Mission has reached a staff-level agreement with the Jamaican authorities on key elements of a policy agenda that can be supported by a four-year agreement under the IMF`s Extended Credit Facility (EFF),“ he said. .

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