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Jamaica and IFC partner on $2 billion infrastructure initiative

Finance Minister Dr Nigel Clarke signed an agreement on behalf of the Jamaican government that could see the completion of as many as 10 major infrastructure projects valued at US$2 billion.
 
The memorandum of understanding signed with the International Finance Corporation, the private sector arm of the World Bank, will see the IFC acting as an adviser on the portfolio of public-private partnership projects over the next two to five years.
 
Dr Clarke said the agreement was made possible because of the country's stable macroeconomy.


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