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Published 2 years ago

S&P says economic outlook for Jamaica remains stable, affirms B+ rating

Summary by Ground News
Standard and Poor's Global Ratings on Wednesday affirmed Jamaica's long-term foreign and local currency issuer default rating at B+, with the outlook remaining stable. The ministry says the stable outlook is grounded in the expectation that Jamaica will remain committed to macroeconomic and fiscal discipline. However, the S&P pointed out that the country continues to face downside risks from slowing global growth.

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