Jamaica Granted $1 Billion Debt Relief from the British Government


A total of $1 billion (9.45 million pound sterling) of Jamaica’s debt stock has been cancelled by the British government under its Commonwealth Debt Initiative (CDI) programme.
Making the announcement at a press briefing at his offices on May 7, Finance and Planning Minister, Dr. Omar Davies, said that a portion of the money is retroactive, in respect of sums already paid and would be returned to the government of Jamaica. This represents about

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