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Jamaica

Jamaica Articles

Economy

We are leaving Jamaica's short- and long-term political risk ratings at 63.3 and 68.1 this month, although we stress that the outlook is decidedly negative. As a result of soaring... 2008-06-10


Economy

Jamaica's large external debt burden continues to be a drag on economic growth and fiscal flexibility, although we are encouraged by the government's commitment to bring down the... 2008-06-09


Economy

The Jamaican economy expanded by 1.2% in 2007, broadly in line with our 1.1% forecast. This rate marked a sharp slowdown from the 2.5% recorded in 2006, but remained slightly above... 2008-05-22


Economy

The 2007 real GDP growth outturn was broadly in line with our bearish view, expanding by 1.2%. A breakdown of the Q407, and indeed full-year figures, offers very little to be optimistic... 2008-05-13


Economy

Prime Minister Bruce Golding has indicated that the Jamaican government wants to strengthen ties with Cuba. Golding met with Cuba's President Raul Castro in May to discuss the appointment... 2008-05-13


Economy

Amnesty International released a report on the escalating problem of violent crime in Jamaica, something which continues to weigh on our short-and-long-term political risk ratings.... 2008-04-10


Economy

Inflation is fast-becoming a major concern for the Jamaican economy. February's consumer price inflation (CPI) reading was a record high at 19.9% y-o-y, and prompted us to reassess... 2008-04-10


Economy

The Jamaican tourism sector has, so far, shown remarkable resilience to the slowdown in the US economy and we expect the positive trends in the industry to continue. Factors such... 2008-04-04


Economy

At a meeting in February, Chinese Ambassador Chen Jinghua stated his intent to strengthen bilateral relations between China and Jamaica during his term on the Caribbean island. Jinghua... 2008-03-11


Economy

According to preliminary figures, real GDP growth came in at 1.1% in 2007 after zero growth was recorded in Q407 relative to Q406. The full-year figure was one percentage point below... 2008-03-11

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