Jamaica’s PM No Bailout for Failed Financial Firms Amid Multi Billion Dollar Fraud Scandal

over 2 years in St.Kitts & Nevis Observe

By Micaiah Morgan CNW Jamaica’s Prime Minister Andrew Holness has declared that the government will not compensate for losses of failed financial institutions as a result of the inability to secure their clients’ funds. He made the disclosure at Tuesday night’s annual Jamaica Stock Exchange capital markets conference. “The government will not socialize any debt, […]
The post Jamaica’s PM: No Bailout for Failed Financial Firms Amid Multi-Billion-Dollar Fraud Scandal appeared first on The St Kitts Nevis Observer.

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