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SEC Comment Letter 0000000000-23-005666 to JAMAICA GOVERNMENT OF (CIK 0000053078)

JAMAICA GOVERNMENT OF (CIK 0000053078)
Date: May 30, 2023 · CIK: 0000053078 · Accession: 0000000000-23-005666

AI Filing Summary & Sentiment

File numbers found in text: 001-04165

Date
May 30, 2023
Author
Finance
Form
UPLOAD
Company
JAMAICA GOVERNMENT OF (CIK 0000053078)

Letter

United States securities and exchange commission logo May 30, 2023 Nigel Clarke Minister of Finance and the Public Service JAMAICA GOVERNMENT OF Consul General of Jamaica in New York Consulate General of Jamaica 767 Third Avenue New York, NY 10017 Re:JAMAICA GOVERNMENT OF Schedule B filed May 1, 2023 File No. 333-271541color:white;"_ Form 18-K filed on June 14, 2022 and amended on July 29, 2022 File No. 001-04165 Dear Nigel Clarke: We have reviewed your registration statement and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by amending your registration statement and providing the requested information. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing any amendment to your registration statement and the information you provide in response to these comments, we may have additional comments. Form S-B Fee Table, page 0 1.We note that the fee table on the cover page refers to Rule 415. Please note that Rule 415 does not apply to Schedule B (see 415(b)), and instead Schedule B shelf procedures are established by Commission releases. Please revise accordingly.

FirstName LastNameNigel Clarke Comapany NameJAMAICA GOVERNMENT OF May 30, 2023 Page 2 FirstName LastName Nigel Clarke JAMAICA GOVERNMENT OF May 30, 2023 Page 2 Form 18-K for the fiscal year ended March 31, 2022 General, page D-1 2.To the extent possible, please update all information and statistics in the Form 18-K to provide the most recent data possible. This may include, for example, your use of "preliminary" or "provisional" data in Exhibit D. 3.Please also ensure material COVID-19 impact disclosures are updated as much as possible. For example, in the second paragraph under "COVID-19 Pandemic," it is not clear what COVID-19 related restrictions remain. Form 18-K for the fiscal year ended March 31, 2022 Impact of COVID-19 on Jamaica , page D-2 4.We note your statement here that the JAMALCO refinery is expected to reopen in 2022. Please tell us and revise to disclose whether the refinery has reopened as planned and the current status of starting up the refinery. Natural Disaster Risk Financing, page D-23 5.There appears to be some missing information in the first sentence of the second paragraph. Please confirm that the National Disaster Fund (NDF) was capitalized at "J$443.6 billion" as of the end of March 2022. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff. Refer to Rules 460 and 461 regarding requests for acceleration. Please allow adequate time for us to review any amendment prior to the requested effective date of the registration statement. You may contact Katherine Hsu, Special Counsel, at 202-551- 5243 or Michael Coco. Office Chief, at 202-551-3253 with any questions. Sincerely, Division of Corporation Finance Office of International Corporate Finance

Show Raw Text
United States securities and exchange commission logo
May 30, 2023
Nigel Clarke
Minister of Finance and the Public Service
JAMAICA GOVERNMENT OF
Consul General of Jamaica in New York
Consulate General of Jamaica
767 Third Avenue
New York, NY 10017
Re:JAMAICA GOVERNMENT OF
Schedule B filed May 1, 2023
File No. 333-271541color:white;"_
Form 18-K filed on June 14, 2022 and amended on July 29, 2022
File No. 001-04165
Dear Nigel Clarke:
            We have reviewed your registration statement and have the following comments.  In
some of our comments, we may ask you to provide us with information so we may better
understand your disclosure.
            Please respond to this letter by amending your registration statement and providing the
requested information.  If you do not believe our comments apply to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.
            After reviewing any amendment to your registration statement and the information you
provide in response to these comments, we may have additional comments.
Form S-B
Fee Table, page 0
1.We note that the fee table on the cover page refers to Rule 415.  Please note that Rule 415
does not apply to Schedule B (see 415(b)), and instead Schedule B shelf procedures are
established by Commission releases.  Please revise accordingly.

 FirstName LastNameNigel Clarke
 Comapany NameJAMAICA GOVERNMENT OF
 May 30, 2023 Page 2
 FirstName LastName
Nigel Clarke
JAMAICA GOVERNMENT OF
May 30, 2023
Page 2
Form 18-K for the fiscal year ended March 31, 2022
General, page D-1
2.To the extent possible, please update all information and statistics in the Form 18-K to
provide the most recent data possible.  This may include, for example, your use of
"preliminary" or "provisional" data in Exhibit D.
3.Please also ensure material COVID-19 impact disclosures are updated as much as
possible.  For example, in the second paragraph under "COVID-19 Pandemic," it is not
clear what COVID-19 related restrictions remain.
Form 18-K for the fiscal year ended March 31, 2022
Impact of COVID-19 on Jamaica , page D-2
4.We note your statement here that the JAMALCO refinery is expected to reopen in 2022.
Please tell us and revise to disclose whether the refinery has reopened as planned and the
current status of starting up the refinery.
Natural Disaster Risk Financing, page D-23
5.There appears to be some missing information in the first sentence of the second
paragraph.  Please confirm that the National Disaster Fund (NDF) was capitalized at
"J$443.6 billion" as of the end of March 2022.
            We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
            Refer to Rules 460 and 461 regarding requests for acceleration.  Please allow adequate
time for us to review any amendment prior to the requested effective date of the registration
statement.
            You may contact Katherine Hsu, Special Counsel, at 202-551- 5243 or Michael
Coco. Office Chief, at 202-551-3253 with any questions.
Sincerely,
Division of Corporation Finance
Office of International Corporate
Finance