Jamaica Observer: “Is the Jamaica Debt Exchange a turning point for Jamaica?”
On Wednesday evening, the Financial Services Commission (FSC) put on a timely panel discussion entitled ‘The Jamaica Debt Exchange: The Way Forward’. The opening speaker, Jamaica’s Financial Secretary Dr Wesley Hughes, argued that the Jamaica Debt Exchange (JDX) is a “turning point of Jamaica”, in that it has “turned an unsustainable fiscal situation into a more manageable or favourable one”.
Jamaica Gleaner: “Banks hold rates, eye bad debt in credit-card revamp”
Seeking to resuscitate sagging earnings from credit products, local banks have sought to jazz up their credit-card offerings in a market that is now flat.