Interesting times ahead

[Muadib]

<Moody's indicated that a positive outlook or other upward ratings movement could result if fiscal consolidation efforts to contract the deficit and the debt are successful, or economic growth rebounds strongly, leading to a sustainable drop in the main debt metrics.

"It will require a combination of continued fiscal restraint and structural reforms supporting faster economic growth. This depends on policy continuity to ensure that recent efforts to improve the fiscal and debt position bear fruit," said Moody's disclosures on credit rating for Jamaica.

"This is under the control of Jamaica's political system. But it also requires no major external shock that impacts public finances, which is not susceptible to government control.">

http://jamaica-gleaner.com/gleaner/2...business3.html

[Lazie]

<Moody's indicated that a positive outlook or other upward ratings movement could result if fiscal consolidation efforts to contract the deficit and the debt are successful, or economic growth rebounds strongly, leading to a sustainable drop in the main debt metrics.

"It will require a combination of continued fiscal restraint and structural reforms supporting faster economic growth. This depends on policy continuity to ensure that recent efforts to improve the fiscal and debt position bear fruit," said Moody's disclosures on credit rating for Jamaica.

"This is under the control of Jamaica's political system. But it also requires no major external shock that impacts public finances, which is not susceptible to government control.">

http://jamaica-gleaner.com/gleaner/2...business3.html

People Power!