Colors: Blue Color

Jamaica’s government debt is below pre-pandemic levels and will likely continue to decline over the next several years, rating analysts have determined.

Moody's Investors Service said the debt reduction along with progress on structural reforms, had increased the economy's overall shock-absorption capacity. The strong financial news led to a country rating upgrade from Moody's on long-term issuer and senior unsecured ratings to B1 from B2, and senior unsecured shelf rating to (P) B1 from (P) B2.

The outlook for Jamaica has been changed to positive from stable. The improved rating reflects Moody's assessment that a continuation of the favourable fiscal trajectory will increase Jamaica's credit resilience.

Moody’s commented: “Given the improvements in institutions and governance strength, additional declines in Jamaica's debt and interest burdens would support a higher rating.

Dedicated to the international promotion of the French contemporary art scene, the Marcel Duchamp Prize shortlisted four finalists at the beginning of this year: Bertille Back (represented by the Xippas gallery and The Gallery Apart), Bouchra Khalili (represented by the Mor Charpentier gallery and ADN Galeria), Massinissa Selmani (represented by the Anne-Sarah Benichou gallery, Selma Feriani and Jane Lombard) and finally Tarik Kiswanson (represented by the carlier | gebauer and Sfeir-Semler galleries) who has won the prize for this 23rd edition.

The 60th edition of Italy's most attended trade event closed after overing travel, transport, hospitality, supplies, furnishings, and surfaces, along with the design of outdoor and green spaces, TTG's 60th edition and InOut, in its debut, concluded at Rimini Fair, boasting a significant 19% increase in professional visitors compared to 2022.