Jamaica is to benefit from a US$40 million poverty reduction project to be funded by the Caribbean Development Bank (CDB).
Funding is being taken from the CDB’s Basic Needs Trust Fund and will be shared among eight countries in the region.
The other beneficiary countries are Belize, Dominica, Grenada, Guyana, St Lucia, St Vincent and the Grenadines and Suriname.
The governments of each country will also be required to contribute to the total cost of initiatives to be undertaken under the program.
These initiatives must contribute to improving access to quality education; water and sanitation; basic community access and drainage; livelihood enhancement and human resource development services in low-income and vulnerable communities.
They will be implemented over a three-year period, starting in March 2017.
