Moody’s Upgrade Jamaica’s Rating to ‘B1’ and Revises Outlook to Positive
Moody’s Investors Service, today, Wednesday, October 18, 2023, upgraded the Government of Jamaica’s (GOJ’s) long-term issuer and senior unsecured ratings from ‘B2’ to ‘B1’ and revised the outlook from Stable to Positive. The decision to upgrade the rating reflects Moody’s analysis that the GOJ, faced with various external shocks,maintained a steadfast commitment to sustainable fiscal policy anchored on Jamaica’s medium...







