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Tag Archives: imf

Agreement with IMF essential for Jamaica, Moody’s says

09-Nov-09

Good to see you again. Glad you enjoy the Limes.Verbatim from rating agency Moody’s on Jamaica, highlighting mine: The IMF, which has been negotiating the terms of a $1.2 billion stand-by facility with Jamaica for several months, said on Friday after fund officials spent several days in Kingston, that discussions would continue in Washington next [...]

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“Jamaica may already have passed the point of no return”

17-Sep-09

Just one month after rating agency Standard & Poor’s released a downbeat assessment of the outlook for Jamaica comes an equally – if not more – negative take from Barclays Capital Research. The research note issued today by a New York-based BarCap analyst is unequivocal: we believe that Jamaica is approaching the point of no [...]

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