Fitch Ratings has revised the Rating Outlook on Jamaica's Long-Term Foreign and Local Currency Issuer Default Ratings (IDRs) to Positive from Stable and affirmed the IDRs at 'B+'.
The executive board of the International Monetary Fund (IMF) has approved US$1.73 billion in funding for Jamaica under its precautionary and liquidity line arrangement (PLL) and resilience and sustainability facility (RSF).