Gov’t pleased with overwhelming support for debt exchange
JAMAICA was last night clearing its first hurdle towards a new International Monetary Fund (IMF) agreement, having secured a more than 97 per cent take-up of the National Debt Exchange (NDX).
Category: Top stories: Global
IMF Mission and Jamaican Authorities Reach Staff-Level Agreement
IMF Mission and Jamaican Authorities Reach Staff-Level Agreement on Key Elements for EFF-Supported Program
Press Release No. 13/51
February 15, 2013
S&P and Fitch downgrade Jamaica on debt exchange
S&P and Fitch downgrade Jamaica on debt exchange
NEW YORK, Feb 12 (Reuters) – Rating agencies Fitch and Standard & Poor’s on Tuesday cut Jamaica’s ratings due to a debt exchange program by the island nation that S&P said it viewed as a default.
Jamaica Labelled The ‘Greece Of The Western Hemisphere’
Jamaica Labelled The ‘Greece Of The Western Hemisphere’
 A leading United States newspaper today said that Jamaica’s debt crisis is in a worse financial shape than Greece and suggested that the Portia Simpson Miller administration consider a bailout plan with significant debt relief.