Wednesday, August 6, 2014

Jamaica Debt Management Report | UHY Dawgen Chartered Accountants Blog

Jamaica Debt Management Report | UHY Dawgen Chartered Accountants Blog:

For the first time, the Government of Jamaica (GOJ) will publish its Annual Report and
Medium-Term Debt Management Strategy (MTDS) as stand-alone documents. This is part of its strategic effort to improve information efficacy.
The Annual Report, governed by the Public Debt Management Act 2012 (PDMA) gives details
of the GOJ’s debt and debt management operations for FY 2013/14.
The positive effects of the National Debt Exchange (NDX) executed at the end of FY 2012/13,
were manifested in FY 2013/14. This along with the implementation of several public debt management reform initiatives and the approval of an International Monetary Fund Extended Fund Facility (IMF/EFF) arrangement facilitated the successful financing of the GOJ’s budgetary obligations.
The GOJ reaffirms its commitment to continue pursuing prudent debt management to fund the Budget at minimum cost while maintaining risks at manageable levels. Get E-Copy of Report

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