EXECUTIVE SUMMARYRecent data show a gradual economic recovery, with growth projected to reach just over1 percent in 2014/15. Inflation has trended down to about 8 percent.The program is on track. Jamaica's four-year, SDR 615.38 million (225 percent of quota)Extended Arrangement under the EFF was approved by the IMF Executive Board on May 1,2013, and the first four reviews under the program were completed on schedule. All end-June 2014 quantitative performance criteria were met. The structural benchmarks for end-June were also met. Based on the strong performance to date and the authorities' up