The International Monetary Fund (IMF) has given high marks for Jamaica’s performance under the Stand-By Arrangement (SBA) with the Fund, saying “commitment to the economic reform programme remains strong”, with “economic indicators at historical highs, supported by a favourable macroeconomic environment”.In its recently released 70-page review of Jamaica’s economic performance, the IMF notes that “unemployment is falling, new jobs are being created, and there is robust activity in construction and hotels and restaurants. Inflation and the current account are low, helped by relatively stable oil prices and the Government’s policy efforts”. The Fund says “the historically low yields” in the recent global bonds reopening reflect “Jamaica’s hard-won credibility”. “After more than four years of difficult economic reforms, Jamaica’s programme implementation remains exemplary,” the Washington-based multilateral notes. Giving the second review under Jamaica’s SBA, the Fund says that strong domestic ownership of the reform agenda across two different governments and the broader society has helped to entrench macroeconomic stability and fiscal discipline. The IMF hails the “landmark public pension reform bill” passed recently. It says that while there are programme risks, commitment by the Government to the reform programme “remains strong”.