JamaicaObserver.com: "NEW YORK, USA - Moody's Investors Service has cautioned Jamaica that the inking of a deal with the International Monetary Fund (IMF) in the near term will not automatically improve the country's credit rating.
The warning by Moody's vice-president and senior analyst, Alessandra Alecci - the second by a rating agency in a month - came just ahead of yesterday's downgrade of Jamaica's local and foreign currency government bond ratings to Caa1 from B2 by the international rating agency."
The warning by Moody's vice-president and senior analyst, Alessandra Alecci - the second by a rating agency in a month - came just ahead of yesterday's downgrade of Jamaica's local and foreign currency government bond ratings to Caa1 from B2 by the international rating agency."
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