The In­ter­na­tion­al Mon­e­tary Fund (IMF) has praised Ja­maica for its strong eco­nom­ic man­age­ment and re­silience fol­low­ing its 2025 Ar­ti­cle IV Con­sul­ta­tion, but is warn­ing of glob­al and cli­mate risks.

An IMF team, led by Mauri­cio Vil­la­fuerte, says Ja­maica has sharply re­duced its pub­lic debt, an­chored in­fla­tion and strength­ened its ex­ter­nal po­si­tion over the past decade.

De­spite a dip in the Gross Do­mes­tic Prod­uct (GDP) caused by Hur­ri­cane Beryl and Trop­i­cal Storm Rafael, the IMF says the econ­o­my is on track to re­cov­er.

Un­em­ploy­ment is at a record low of 3.7 per cent and in­fla­tion is with­in the Bank of Ja­maica’s tar­get range.

Pub­lic debt is pro­ject­ed to fall to 65 per cent of GDP, the low­est in 25 years.

The IMF, how­ev­er, is cau­tious that glob­al eco­nom­ic un­cer­tain­ty and cli­mate-re­lat­ed shocks re­main ma­jor risks. It al­so called for fur­ther re­forms in spend­ing, pro­duc­tiv­i­ty and for­eign ex­change flex­i­bil­i­ty.

The team al­so wel­comed new mea­sures to boost trans­paren­cy, im­prove job ser­vices and re­duce crime while en­cour­ag­ing con­tin­ued in­vest­ment in growth and re­silience.