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A framework to assess the fiscal risks of public bodies : Jamaica (英语)

This note outlines a framework for assessing the extent of fiscal risks inherent in the operations of public bodies (PBs), highlighting eight applications in Jamaica. Scenario analysis and stress testing are two components used to determine the combined effects of company- and sector-specific risk factors and macroeconomic shocks on selected PBs. The frameworks results can help identify the contributions of PBs, as well as determine the PBs' required...
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