Following the securitization of Norman Manley International Airport revenues, Jamaica posted a primary surplus of JMD 71.4 bln (2.2% of GDP) in October. After interest payments, the overall fiscal surplus was JMD 58.0 bln (1.8% of GDP). Higher wages and program spending contributed to growth in expenditures, while interest expenses declined. However, the fiscal balance improved due to 2.2% of GDP revenues from the bond issuance, and without it, the balance deteriorated compared to last year.