Is the Jamaica Debt Exchange a turning point for Jamaica?


Jamaica Observer: “Is the Jamaica Debt Exchange a turning point for Jamaica?”

On Wednesday evening, the Financial Services Commission (FSC) put on a timely panel discussion entitled ‘The Jamaica Debt Exchange: The Way Forward’. The opening speaker, Jamaica’s Financial Secretary Dr Wesley Hughes, argued that the Jamaica Debt Exchange (JDX) is a “turning point of Jamaica”, in that it has “turned an unsustainable fiscal situation into a more manageable or favourable one”.


Jamaica Gleaner: “Banks hold rates, eye bad debt in credit-card revamp”

Seeking to resuscitate sagging earnings from credit products, local banks have sought to jazz up their credit-card offerings in a market that is now flat.

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