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Finance minister says Jamaica owes China $616,17 million

Staff Writer | March 2, 2019
Jamaica owes china some 79 billion Jamaican dollars ($616,176,584).
Nigel Clarke
Asia   Finance Minister Nigel Clarke
That figure was disclosed by Finance Minister Nigel Clarke at the launch of the Association of Chinese Enterprises in Jamaica (ACEJ) in Kingston.

Sixteen of Jamaica’s leading Chinese enterprises have joined forces to form the association.

Noting that Jamaica owes some $2 trillion ($7,799,703,600), the Finance Minister said the amount owed to china is only 4% of the total debt.

Dr. Clarke also noted that china is an important bi-lateral financing partner.