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Caribbean & Central America - February 2018 (ISSN 1741-4458)

CARIBBEAN POINTERS

*** POSITIVE OUTLOOK FOR JAMAICA. On 31 January, Fitch Ratings Agency affirmed Jamaica’s long-term foreign and local currency Issuer Default Ratings as ‘B’ and revised its outlook from ‘stable’ to ‘positive’. According to Fitch, Jamaica will have a primary fiscal surplus of 7.0% of GDP in fiscal year 2017/18, which will mean a balanced budget.

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