MORE COVID SPENDING; JAMAICA’S DEBT BURDEN RISES

October 13, 2020

Categories: Taking Stock

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MORE COVID SPENDING; JAMAICA’S DEBT BURDEN RISES

October 13, 2020

The COVID-19 pandemic has forced the government to spend an additional $44 billion this fiscal year, with six months still remaining before its close. We speak to Finance Minister, Dr. Nigel Clarke, who tabled the second supplementary estimates for the financial year.

And THE ANALYSTS weigh in on the latest market developments…Digicel bondholders who refused to accept the company’s refinancing terms stand to lose everything! That’s US$84 million.

Is RJR Group planning an Additional Public Offer (APO)? Analyst David Rose says the signs are pointing in that direction.

And auditors have raised a red flag on SSL Venture Capital’s financial health. Find out why Analyst Leovaughni Dillon says risk assessment is key!

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CONTACT THE ANALYSTS:
Leovaughani Dillion – Investment Research and Sovereign Risk Analyst https://jm.jmmb.com/

David Rose – Young Investor at the University of the West Indies

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