Financial Market Brief Feb 26 2016
On Thursday Jamaicans went to the polls and voted out the People’s National Party (PNP) led by 70 year old Portia Simpson, Jamaica’s first female prime minister. The opposition party, the Jamaica Labour Party (JLP), led by the 43 year old Andrew Holness was narrowly voted into office. According to the electoral polls, the PNP was projected to win the election. However, following a hard-fought election, the JLP eked out a win with promises of job creation, income tax cuts, accountable and responsive governance, economic growth and major improvements in education and healthcare. The PNP government was however credited for improvements in the country’s fiscal position which included debt reduction and the implementation of various economic and stock market reforms. Weekly_Market_Recap_26-Feb-2016 Click here for full Weekly Market Recap

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