Jamaica Gets IDB Loan for Improved Public Financial, Performance Management

The Inter-American Development Bank has approved a $60 million loan to support the Jamaican government’s efforts to improve public financial and performance management.

This is the third loan IDB has provided to the government’s public financial and performance management program, which is expected to boost fiscal discipline, procurement, accountability and service delivery in the Caribbean country. The bank has now provided a total of $180 million for the program, which is implemented by Jamaica’s Ministry of Finance and Public Service.

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About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.