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LATEST | HEADLINES :
 
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| Jamaica’s fiscal deficit grows by 12% |
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 Despite some containment in government spending, during the eight-month period ended November 2011, Jamaica's fiscal deficit was twelve percent above budget. Spending out-stripped inflows by nearly fifty-one billion dollars, mainly due to revenues and grants falling four percent below budget, with tax revenue being over-estimated to the tune of 8.2 billion dollars. |
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