Covid-19 Will Raise Political Risks, Delay Election In Jamaica

• The economic shock of the coronavirus pandemic will increase political risks in Jamaica as rising unemployment and limited government spending could spark unrest among an austerity-weary population.
• Fitch, expects the domestic outbreak of Covid-19 to delay parliamentary elections, which had been expected to take place in H120, for several months.
• The research firm has revised down Jamaica’s score in its Short-Term Political Risk Index (STPRI) to 68.8 out of 100, from 70.0 previously, reflecting higher social stability risks.

 (Source; Fitch)