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Wednesday, 30 July 2008 Jamaica's total debt remains above the $1,000,000,000 (one trillion dollar) mark.
Despite the Golding administration's stated intention to control Jamaica's debt, the amount of money the country owes to local and overseas creditors continues to rise.
According to figures released by the Ministry of Finance, at the end of May this year, Jamaica owed $438 billion in external debt and racked up $565 billion in domestic debt.
Despite the Golding administration's stated intention to control Jamaica's debt, the amount of money the country owes to local and overseas creditors continues to rise.
According to figures released by the Ministry of Finance, at the end of May this year, Jamaica owed $438 billion in external debt and racked up $565 billion in domestic debt.