Jamaica Debt Ratio Falls
Jamaica Debt Ratio Falls

Jamaica Debt Ratio Falls

Jamaica Debt Ratio Falls

The ratio of Jamaica’s stock of public debt-to-gross domestic product was reduced to 120.2% as at March this year, better than the projected 125.1% set under the economic support program with the International Monetary Fund, according to data from the Ministry of Finance and the Public Service, NewsNow reported. It is also a considerable improvement over the 136.6% at the end of March 2015, co-chairman of the Economic Program Oversight Committee, Richard Byles said. “So this puts us in a pretty strong position to continue to achieve the reduction in the debt-to-GDP in the future,” Byles said.


Short URL : http://goo.gl/WiHSJ7
  1. http://goo.gl/5vkBHQ
  • http://goo.gl/mAzZB5
  • http://goo.gl/0Elg0G
  • http://goo.gl/or83dk
  • http://goo.gl/UheUuw

You can also read ...

Imran Khan Says Economic Revival a Priority
Pakistan Prime Minister Imran Khan on Thursday said that the...
While the tariff conflict may still be in its infancy,  global trade growth rate has almost halved.
The global economy will continue to expand strongly in the...
Zimbabwe is in arrears of nearly $1.8 billion  to the World Bank and ADB .
The International Monetary Fund Thursday said it was ready to...
Poland to Maintain Solid Growth
Polish economy’s all significant macro fundamentals appear...
Premier Li Keqiang has  voiced confidence in China’s ability to overcome obstacles.
Chinese officials are shrugging off warnings that the trade...
Global Stocks Hit 6-Month High
World shares hit their highest levels in more than six months...
King Khaled International Airport
Saudi Aramco may have grabbed the biggest headlines, but the...
Wells Fargo Will Cut Workforce
Wells Fargo & Co said on Thursday it would reduce its...