Gov’t to Guarantee $425 Million Loan Facility for JUTC
Cabinet has approved a Government guarantee to secure a $425 million loan facility from the Bank of Nova Scotia, to restructure the current debt obligations of the Jamaica Urban Transit Company Limited (JUTC). In an brief provided by Minister of Information, Culture, Youth and Sports Minister, Olivia Grange, during last week's post-Cabinet media briefing at Jamaica House, it was noted...
