Finance Ministry admits dollar slide pushing up debt stock

Jamaica Observer - Sunday, April 14, 2014

KINGSTON, Jamaica -- Jamaica’s public debt stock climbed to just under J$2 trillion, or approximately 132 per cent of Gross Domestic Product GDP) at the end of financial year 2013/14, due mainly to the depreciating value of the Jamaican dollar, according to the Fiscal Policy Paper (FPP)...read more



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