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NCB's Steven Gooden warns financial market could be at risk due to liquidity

Steven Gooden, Chief Executive Officer of NCB Capital Markets, is warning that the increasing liquidity in the economy might result in heightened risk to the financial market if left unchecked.
 
This, he said, is against the background of the local administration seeking to reduce the debt to GDP to 60% by the end of the 2025/26 fiscal year, which will see Government repaying more than J$600 billion which will get back into the system. 
 
Mr. Gooden said it is expected that there will be a significant injection of direct foreign investment as Jamaica is becoming increasingly attractive to international investors.


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