Minister Williams highlights Jamaica’s fiscal progress at IMF/World Bank Spring Meetings

Jamaica’s Finance Minister, Fayval Williams, is spotlighting the island’s fiscal accomplishments and ambitious infrastructure agenda at the 2025 International Monetary Fund (IMF)/World Bank Spring Meetings in Washington, D.C.

Speaking on the sidelines of the high-level gatherings, Minister Williams emphasized the government’s strategic focus on infrastructure investment—particularly in roads, water systems, and climate resilience. “Of course, in speaking with entities like the World Bank and the IADB, it’s regarding the programs that are of interest to us in terms of investment programs for roads, water resilience and climate resilience,” she said.

Her comments come as Jamaica seeks to deepen its partnerships with international financial institutions to secure funding for development projects that can drive long-term growth and economic stability.

Minister Williams leads a robust delegation, including Bank of Jamaica Governor Richard Byles, Deputy Governor Wayne Robinson, Financial Secretary Darlene Morrison, Head of Economic Management Dian Black, and Planning Institute of Jamaica Director Dr. Wayne Henry. The team is leveraging Jamaica’s well-established track record of fiscal responsibility to attract support for its national development goals.

“We remain committed to our debt-to-GDP targets, our fiscal targets and ensuring fiscal prudence in Jamaica,” Williams affirmed. The nation’s consistent fiscal discipline, she added, provides a foundation to responsibly scale up infrastructure investments linked to GDP growth and improved quality of life.

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The Spring Meetings are taking place amid a backdrop of global economic uncertainty—a factor not lost on the Jamaican delegation. “Jamaica is a very open, very connected nation to the rest of the world, and so we have to be extremely mindful of the impact of what’s going on in the rest of the world on us,” the Minister noted, adding that these challenges make resilient infrastructure even more critical.

In addition to engagements with multilateral lenders, the Jamaican team is also scheduled to meet with U.S. congressional representatives and fellow Caribbean finance ministers to discuss regional collaboration and shared economic concerns.

Minister Williams expressed optimism about the week ahead. “We expect that this week will prove to be very beneficial to us, in terms of the commitments that we will be able to strengthen here,” she said.

The IMF/World Bank Spring Meetings continue through Saturday, April 26.

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