EPOC

The Economic Programme Oversight Committee monitors the implementation of Jamaica’s economic reform measures under its agreement with the IMF.

[EPOC @EPOCJA]

EPOC held its final press briefing in December 2024, marking the end of an era of economic transformation. A heartfelt thank you to all who contributed to this milestone—leaders, policymakers, the media, and the Jamaican people.

Watch: https://t.co/mEOoiH3yzr

[EPOC @EPOCJA]

On January 1, 2025, Jamaica will officially transition from EPOC to the Independent Fiscal Commission, marking a historic achievement in our nation's economic journey.

See final remarks on EPOC from the Hon. Fayval Williams, MP https://t.co/1HMeSGdRXc

[EPOC @EPOCJA]

EPOC held its final press briefing in December 2024, marking the end of an era of economic transformation. A heartfelt thank you to all who contributed to this milestone—leaders, policymakers, the media, and the Jamaican people.

Watch: https://t.co/mEOoiH3yzr

[EPOC @EPOCJA]

Season’s Greetings from EPOC! Wishing you a festive season filled with the rich traditions that make a Jamaican Christmas special. 🎄 Best wishes for the New Year!

[EPOC @EPOCJA]

Read the full communique at https://t.co/F3yqfpe0T3

[EPOC @EPOCJA]

The EPOC met on Dec 2, 2024, to review Jamaica’s Fiscal & Monetary Performance. Key highlights:

✺ Revenues & Grants ahead of budget ✺ Tax revenue for FY24/25 revised to $905B ✺ Inflation at 4.9% remains on target ✺ BOJ lowered policy rate to 6.25% ✺ NIR at US$5.6B

[EPOC @EPOCJA]

@marcgayle Hi Marc, the full press briefing was streamed on our YouTube page, here's the link.
https://t.co/BgpQ8WZbtL

[EPOC @EPOCJA]

We're live on Instagram (@EPOCJA) and Youtube https://t.co/zlTUKxBKwY

[EPOC @EPOCJA]

We're live, please join us on Zoom for our Quarterly Press Briefing.

#OurJamaicanEconomy #EPOCQuarterlyPressBriefing

[EPOC @EPOCJA]

Join us on Friday, December 13th, as we discuss Jamaica's latest economic data during our Quarterly Press Briefing We'll be discussing key economic performance indicators such as GDP, Inflation, Unemployment Rates, Trade and more #OurJamaicanEconomy #EPOCQuarterlyPressBriefing

[EPOC @EPOCJA]

The July 2024 Labour Force Survey shows 1.41M employed, 53.2% male. Labour force: 1.46M (53% male, 47% female), with 67.8% participation. 1.4% are underemployed. Visit https://t.co/YiQwH4zulq for more. #LabourForceSurvey #STATINJA

[EPOC @EPOCJA]

The Planning Institute of Jamaica (PIOJ) has estimated that the economy contracted by 2.8% for the July to September 2024 quarter.

#EPOCJA #OurJamaicanEconomy

[EPOC @EPOCJA]

Point-to-point inflation for October 2023-2024 is at 4.9%, remaining within the BOJ's target range of 4-6%.

Key contributors:
Transport +9.1%
Food & Non-Alcoholic Beverages +5.3%
Housing, Water, Electricity, Gas & Other Fuels +3.5%
#EPOCJA #OurJamaicanEconomy

[EPOC @EPOCJA]

Listen in to this excerpt from our most recent Quarterly Press Briefing Update on the GOJ Economic Reform Programme (ERP). For the full briefing, visit our Instagram and YouTube Pages.

Our latest communique is available at https://t.co/X158GEMByT

[EPOC @EPOCJA]

Saluting Jamaica’s National Heroes. Their bravery and vision laid the foundation for the Jamaica we cherish today. On this National Heroes’ Day, we honour their enduring legacy and the strength of a nation built on their sacrifices. Happy National Heroes’ Day!

[EPOC @EPOCJA]

Point-to-point inflation for September 2023-2024 is at 5.7%, moving back within the BOJ's target range of 4-6% earlier than projected.

Key contributors:
Transport +9.1%
Food & Non-Alcoholic Beverages +6.9%
Housing, Water, Electricity, Gas & Other Fuels +3.6%
#EPOCJA

[EPOC @EPOCJA]

In April 2024, Jamaica’s employed labor force reached 1,420,300, with 53.7% males (762,200) and 46.3% females (658,100). Of these, 1.7% (24,800) were underemployed, working part-time but seeking more hours.

[EPOC @EPOCJA]

In April 2024, the labour force included 1,483,100 individuals, with 788,500 males (53.2%) and 694,600 females (46.8%). The overall labour force participation rate was 68.8 %. Males had a higher participation rate at 74.5%, while females had a participation rate of 63.3%.

[EPOC @EPOCJA]

The Jamaican economy grew by 0.2 % during the second quarter of 2024 compared to the second quarter of 2023. This was largely attributed to a 1.5 % increase in the Goods Producing Industries.

SOURCE: Statistical Institute of Jamaica

#EPOCJA #OurJamaicanEconomy

[Bank of Jamaica @CentralBankJA]

Bank of Jamaica reduces the policy rate by 25 basis points to 6.50 per cent. Click the link to read the summary of decision: https://t.co/01ROUwLqUW