World Bank And Jamaica
Title: World Bank And Jamaica
Category: History | Words: 420 | Pages: 1.8 (approximately 235 words/page)
World Bank And Jamaica
Once again the World Bank gives another bailout to an already shattered Jamaican economy. This bailout or loan as they call it would be worth one hundred and twenty nine million eight hundred thousand dollars. This loan will provide seventy five million to support the governments as it thinks about selling its interest in Jamaica’s largest insurance and bank provider, the Life of Jamaica and National Commercial Bank. This is the first of the
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they are selling their largest bank and insurance provider for these loans.
Also I question where exactly does the seventy five million go into the government to so called support it in its decision in selling National Commercial Bank along with Life of Jamaica. It is my thought that the people of Jamaica will never see any of this so called reform money and if they do it will indeed be very little of it.
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