Kingston, Jamaica: Wednesday, September 13, 2023 Standard and Poor’s Global Ratings, today, September 13, 2023, upgraded the Government of Jamaica’sLong-Term Foreign and Local Currency Issuer Default Rating (IDR) from ‘B+’ to ‘BB-’ with a stableoutlook. The S&P rating reflects the agency’s projections that Jamaica’s debt-to-GDP will continue to decline,led by modest fiscal surpluses, over the medium-term. While the government’s interest burden remainshigh, S&P expects that … Continue reading S&P Upgrades Jamaica from ‘B+’ to ‘BB-’, Outlook Remains “Stable”