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Petro-Caribe buy-back not as bad, says PSOJ exec

Published:Tuesday | August 4, 2015 | 8:12 AM
Dennis Chung

Chief executive officer of the Private Sector Organisation of Jamaica (PSOJ) Dennis Chung, says the Petro-Caribe buy-back with higher interest loans is not as bad as some critics make it out to be. 

Chung says focus on the mathematical calculations of the debt buy-back could prevent considerations of other variables that can be positive such as improvements in cash flow. 

 

CEO of the PSOJ, Dennis Chung

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