Fitch Ratings Revises Jamaica’s Outlook to Stable, Affirms at B+
Fitch Rating Agency, today, April 10, 2020, revised the country’s outlook to “Stable” from “Positive”, while affirming its Long-Term Foreign-Currency Issuer Default Rating (IDR) at B+. The Rating Agency indicated that the revised outlook reflected the shock to Jamaica from the on-going global Corona Virus (COVID-19) health crisis. Fitch indicated that due to the pandemic, the country will experience a...