Reducing high public debt is key for countries seeking to restore fiscal capacity and resilience in the wake of recent crises. But large debt reductions are rare. Jamaica stands out for reducing its debt from 144 percent of GDP to 72 percent over the last decade, a record achieved by running large, persistent primary budget surpluses. Well-designed fiscal rules combined with social partnership agreements making for fiscal ownership are at the root of its achievement.

中文翻译：

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持续减债：牙买加例外

减少高企的公共债务是各国在近期危机后寻求恢复财政能力和韧性的关键。但大规模减债的情况很少见。牙买加在过去十年中将其债务从占 GDP 的 144% 降至 72%，这一记录是通过持续保持大量初级预算盈余实现的。精心设计的财政规则与实现财政所有权的社会伙伴关系协议相结合，是其成就的根源。