The national debt surged in January, to its highest levels on record.
Data from the Ministry of Finance reveal that Jamaica's debt jumped by more than $16 billion in January.
At the end of January, the national debt was $1. 536trillion.
Since the Jamaica Debt Exchange a year ago, the debt has grown by more than $55 billion.
The total debt crossed the one and a half trillion dollar mark for the first time, in November, and has gone up by more than 50% in the last three years.
More than half the debt is held domestically, while the rest is external.
However, most of the external debt is held by locals.
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