Higher debt service charges

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The decision by Derick Latibeaudiere and his team at the central bank to hike all its benchmark rates by an average of 50 basis points last week will push the amount of money needed to service the country’s trillion dollar debt higher

The decision by Derick Latibeaudiere and his team at the central bank to hike all its benchmark rates by an average of 50 basis points last week will push the amount of money needed to service the country’s trillion dollar debt higher

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Gov’t slow response fuelling economic crisis

The most recent business and consumer confidence survey which covers the second quarter of this year, confirms that the government’s slow response to the international economic crisis has exacerbated the impact on the Jamaican economy.