Jamaica reported a JMD 60.5 bln primary surplus in March, significantly higher than the JMD 11.5 bln surplus from the previous year. The overall fiscal balance showed a surplus of JMD 45.6 billion, compared to a JMD 2.6 bln deficit in March 2023. Despite these gains, the results did not offset weaker performances in earlier months. For FY23-24, Jamaica achieved a JMD 173.3 bln primary surplus (5.7% of GDP), slightly up from JMD 159.2 bln (5.8% of GDP) in FY22-23.