S&P Upgrades Jamaica’s Credit Rating
Standard & Poor’s (S&P) has raised its long-term foreign and local currency sovereign credit ratings on Jamaica to ‘CCC+’ from selective default following the completion of the government’s debt restructuring, the National Debt Exchange (NDX).
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Cash Plus Payday – US$75m Identified, Could Start Reimbursing Investors, According To Documents
Cash Plus Payday – US$75m Identified, Could Start Reimbursing Investors, According To Documents
Cash Plus investors have greeted news of a possible payout with excitement and cautious optimism.
PetroCaribe positively impacted Jamaica’s balance of payments – Hughes
PetroCaribe positively impacted Jamaica’s balance of payments – Hughes
Late Venezuelan President Hugo Chávez predicted, during a visit to Jamaica eight years ago, that the PetroCaribe arrangement would save participating countries billions of dollars from crude oil purchases.
Jamaica debt sustainable under IMF programme
Jamaica debt sustainable under IMF programme
THERE is a clear logic to the IMF deal that has so far escaped most observers. While we are not yet privy to the full analysis that would be part of a published IMF letter of intent, it is possible to estimate approximately where we are with the numbers we currently have.