Jamaica: IMF Talks Agonisingly Slow

November 2009
Emerging Markets Monitor;11/16/2009, Vol. 15 Issue 31, p13
Country Report
The article offers an economic outlook for Jamaica for 2009-2010. The country's negotiations with the International Monetary Fund (IMF) have dragged on for longer than markets anticipated. The long-held suspicions that all is not well have been confirmed by the decision of Standard & Poor's to knock down the country's sovereign rating. A restructuring is possible with the bulk of the government's international bonds being held by Jamaicans.


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