FDX no longer on the table and now its NDX#2 ?

The Government had on Sunday indicated it had met all the prior actions of the IMF, but this morning the gleaner is reporting (as I had already hinted) that the Government has fallen short on NDX and is looking at NDX#2, after discussions on FDX appears to have fallen through.

If the Gleaner reports are to be believed, this would have been the 3rd debt exchange in the last 3 yrs. I am sure Peter will tell us this is better than going after our bank deposits!

http://jamaica-gleaner.com/gleaner/20130326/lead/lead1.html

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: