Back

Caribbean & Central America - January 2014 (ISSN 1741-4458)

JAMAICA: Edging forward, but still high risk

Back in September 2013, Jamaica was given a boost when Standard & Poor’s raised its assessment of the country’s local currency debt to B- from CCC+. S&P said it expected the government to meet its fiscal targets this year, push ahead with its tax reforms, and avoid a further deterioration in its foreign-currency reserves. The IMF added its own cautious assessment in December following the second review of Jamaica’s performance under the terms of the May 2013 program.

End of preview - This article contains approximately 196 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.