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

JAMAICA: Approval all round for Jamaica

Jamaica is becoming something of a poster child for International Monetary Fund (IMF)-invigilated reforms, for taking the decisions necessary for climbing out of a very deep hole; this is the conclusion not just of the IMF itself but also (it now seems) of the international bond market. At the end of June, Jamaica sold US$800m of dollar bonds in its first overseas sale since 2011.

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