KINGSTON, Jamaica — The Private Sector Organisation of Jamaica (PSOJ) on Friday said it welcomed news of Standard & Poors (S&P) upgrade of Jamaica’s long-term foreign and local currency sovereign rating from CCC plus to B minus.
The PSOJ said that they are pleased with the progress being made under the International Monetary Fund agreement
The recent S&P upgrade has been attributed to a stabilising economy and better access to new external funding from official creditors.
Friday, 27 September 2013
Private Sector Organisation Welcomes S&P Upgrade
KINGSTON, Jamaica — The Private Sector Organisation of Jamaica (PSOJ) on Friday said it welcomed news of Standard & Poors (S&P) upgrade of Jamaica’s long-term foreign and local currency sovereign rating from CCC plus to B minus.
The PSOJ said that they are pleased with the progress being made under the International Monetary Fund agreement
The recent S&P upgrade has been attributed to a stabilising economy and better access to new external funding from official creditors.
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