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Jamaica Slides to Fitch CCC

Nov 25, 2009

Fitch has joined other agencies in downgrading Jamaica to CCC with a negative outlook from B to reflect increased macroeconomic pressures and a sharp fiscal deterioration, which has resulted in unsustainable debt dynamics and heightened the...

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There is performance risk that the market is going to have to evaluate and assess. I think that is very healthy for the market because that will enable us to finance a much wider range of projects.

Luis Fernando Andrade, Colombian National Infrastructure Agency


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