SCOTIABANK’S Senior Vice-President Dr Adrian Stokes believes that prudent risk and cash flow management strategies will be critical for local businesses to navigate the economic shock triggered by COVID-19.

Addressing an investment briefing for Scotiabank customers recently, Dr Stokes said local businesses would need to assess the risks to their operations amid the uncertainties carefully.

This he said is to remain afloat in an economy that has been projected by the International Monetary Fund (IMF) to plunge – 5.3 per cent this fiscal year, the worst economic decline in Jamaica since the 1970s.

http://www.jamaicaobserver.com/sunday-finance/prudent-risk-cash-flow-management-critical-in-navigating-covid-19-says-scotia-executive_197718