JamaicaMemberNews

PM, Finance Minister Confirm Another Debt Exchange Programme

KINGSTON, Jamaica, Observer – Prime Minister Portia Simpson Miller has confirmed that a second debt exchange programme will be implemented. In a joint national broadcast with the Finance Minister Dr Peter Phillips this evening, Simpson Miller said the programme called a National Debt Exchange Offer will be launched Tuesday morning. The debt exchange is part of measures that the Government is relying on to reduce the debt from the current 140 per cent of the Gross Domestic Product.

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