Jan 2010 Financial News

Guardian Holdings Limited – Announcement of Support for Jamaica’s Debt

Jan 28, 2010

The following press release was received from Guardian Holdings Limited:

Guardian Holdings Limited and our member companies in Jamaica – Guardian Asset Management, Guardian Life Limited and West Indies Alliance – wish to announce our support of the Debt Exchange initiative proposed by the Government of Jamaica.

The GHL Group is confident that this programme, together with the Government’s commitment to fiscal discipline and accountability, will help to restore macro-economic stability and create the conditions for strong and sustained economic growth.

After review, we do not expect this debt exchange to have a material effect of GHL.

GHL believes that these steps towards economic reform are necessary in order to secure prosperity for all Jamaicans.


Source:
The Trinidad and Tobago Stock Exchange Limited
Thursday January 28, 2010