January 31, 2018 / 7:27 PM / in 6 months

BRIEF-‍Fitch Affirms Jamaica At 'B', Revises Outlook To Positive​

Jan 31 (Reuters) - Fitch:

* ‍FITCH AFFIRMS JAMAICA AT ‘B’; REVISES OUTLOOK TO POSITIVE​

* FITCH SAYS HAS AFFIRMED JAMAICA’S LONG-TERM FOREIGN-CURRENCY ISSUER DEFAULT RATING AT ‘B’ AND HAS REVISED RATING OUTLOOK TO POSITIVE FROM STABLE

* FITCH SAYS JAMAICA’S RATINGS BALANCE IMPROVING MACROECONOMIC STABILITY, GOVERNANCE, INCOME PER CAPITA IN EXCESS OF PEERS AGAINST WEAK GROWTH PROSPECTS, OTHERS

* FITCH SAYS REAL GDP GROWTH REMAINS A WEAKNESS RELATIVE TO OTHER COUNTRIES IN JAMAICA’S INCOME LEVEL AND RATING RANGE Source text for Eikon: Further company coverage: [ ]

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