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http://www.jis.gov.jm/finance_planning/html/20090317T220000-0500_18886_JIS_JAMAICA_TO_RECEIVE_US_4_3_MILLION_IN_GRANT_FUNDING_FROM_CARIBBEAN_DEVELOPMENT_BANK.asp - Jamaica is to benefit from US$4.3 million in grant funding under cycle six of the Caribbean Development Bank's (CDB) Basic Needs Trust Fund (BNTF6), which is scheduled to commence in mid 2010.
The allocation is part of a provision of more than US$51 million, being made available under BNTF6, to the 10 Caribbean borrowing member countries (BMC) of the CDB.
The facility was officially launched during a brief ceremony at the Jamaica Pegasus in Kingston on Monday (March 16), during which Finance and Public Service Minister, Audley Shaw, and Director of the CDB's Projects Department, Carlson Gough, signed a commitment agreement for Jamaica's allocation.
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