Jamaica Eligible For $8.8 Billion in British Aid
Jamaica is to reportedly set to benefit from £53 million (roughly 8.8 billion Jamaican dollars) of infrastructural aid courtesy of the United Kingdom Caribbean Infrastructure Partnership Fund (UKCIPF).
The disclosure was made by Minister of Foreign Affairs and Foreign Trade, Senator Kamina Johnson Smith on Friday.
She is quoted by The Observer as saying:
“We are, however, aware of packages announced in respect of infrastructure for the Caribbean which amount to £330 million. The remainder relates to public and private sector development support.”
According the senator, £300 million was available from the UKCIPF for former British colonies in the region, including Jamaica, aimed at promoting sustainable economic growth.
Senator Johnson Smith revealed that Jamaica has been allocated 18.8 per cent of the funds, which total £53 million. The project’s duration is 2015-2020.
She also stated that £30 million would be for strengthening the infrastructure of the health centres to make them more environmentally friendly and structurally resistant to natural disasters.
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