Jamaica Gleaner - Business - Thursday

	Thursday \| October 24, 2002

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Jamaica Gleaner Business

Private Sector concerns about int'l accounting standards

THE INSTITUTE of Chartered Accountants of Jamaica (ICAJ) adopted International Accounting Standards (IAS), earlier this year, as the national accounting standards for financial reporting purposes in Jamaica.

Government borrowing soars
INCREASED GOVERNMENT borrowing is gobbling up a growing share of the loan market, according to Bank of Jamaica (BoJ) figures. Total government borrowing amounted to $8.9 billion in July of last year...