Social Sciences, asked by kadeenamcdonad, 5 hours ago

how does the financial institution contribute to jamaica​

Answers

Answered by ssehramissalisha
2

Answer:

The central bank is the Bank of Jamaica (founded 1960); it issues currency (the Jamaican dollar) and credit and promotes economic development. Several banks and special funding institutions provide loans for industry, housing, tourism, and agriculture. Jamaica's government is burdened by a large foreign debt.

Explanation:

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