International Finance Corporation (IFC) Managing Director Makhtar Diop and Minister of Finance and the Public Service, Dr. Nigel Clarke
The Government of Jamaica has entered into a Financial Advisory Services Agreement (FASA) with the International Finance Corporation (IFC) to develop the North Coast Highway Project.
The US$800-million agreement was signed by Finance Minister Dr Nigel Clarke, and IFC Managing Director, Makhtar Diop.
A FASA details the permissions granted to an advisor by their client, for the purpose of creating a legal consulting arrangement.
The FASA is further to the Memorandum of Understanding signed between the Government and the IFC in April, in relation to the same project.
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