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External Financing Unit The External Financing Unit monitors the implementation of all government projects, which are financed via external sources.
The International Financial
Institutions Unit ensures that Jamaica maintains its membership with external financing
institutions in order that the Government is eligible for benefits such as being able to
access loan and grant funds. The primary focus of the Debt
Management Unit is to secure financing for Jamaica's development projects at minimum costs
while ensuring that the public debt is maintained at sustainable and manageable levels.
Debt management strategies are pursued within the ambit of sound macro-economic policies
centered on the achievement of macro-economic stability and growth and as such, the Debt
Management Unit and the Fiscal Planning Management Unit have critical linkages. Loan Administration Unit The Loan Administration Unit effects
tasks relating to the negotiation of terms and conditions, execution of agreements, the
satisfaction of conditions precedent to the disbursement of funds and other germane
administrative matters as it pertains to external loans (public direct and guaranteed) and
grants of the Government of Jamaica. The FPMU’s core function is the management of Government’s scarce resources, which must be clearly identified to meet commitments. The Unit laises with domestic institutions such as the Planning Institute of Jamaica (PIOJ ) and the Bank of Jamaica ( BOJ) as part of its coordinating function in developing Government’s economic programme. The Unit also tracks macroeconomic data and analyses the fiscal impact on and of changes in such variables as inflation, interest rates, the exchange rate and the overall performance of the balance of payments.
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