Jamaica's Premier Financial Factsheet: To Enlighten, Enrich, and Engage.
Finance Minister Phillips' very difficult task
AT first glance, Jamaica’s current fiscal situation, as revealed by Finance Minister Dr Peter Phillips at Wednesday’s Jamaica House post-Cabinet press conference, looks significantly worse, or as he put it “disastrously off track”, than many expected.
'Less Than Junk': S&P Lowers Belize's Credit Rating Deeper
ONE of the leading international credit rating agencies has downgraded Belize’s credit status a notch deeper into junk territory, despite giving an improved outlook on the economy.
There is a condescending chorus of comments by prominent bankers and economists protesting the woes of capitalism as an acknowledgement to the occupiers of Wall Street.
Fitch Raises Worries About Jamaican Economy
International ratings agency Fitch has maintained Jamaica’s B- grade on its likelihood to honour is local and foreign debts. However, Fitch is raising grave concern about Jamaica’s high debt ratio and what it calls structural weakness, crime and the high cost of energy.