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World Bank projects US$550m investment in Jamaica from 2024-2027

The World Bank foresees investments of US$550 million in Jamaica over the next four years.
 
This is part of the new strategic partnership forged between the bank and Jamaica.
 
In a release, the bank says the new plan for 2024 to 2027 focuses on advancing green, resilient, and inclusive development.
 
It will also support the government's efforts toward debt reduction and fiscal resilience.
 
Emphasis is being placed on boosting human capital, creating higher-quality jobs, and strengthening resilience to shocks.
 
The plan should see the development of a comprehensive plan of technical and financial assistance, targeting: improving access to quality secondary education, boosting social protection coverage, strengthening the business environment and access to finance.
 
Increasing access to agricultural markets, strengthening disaster risk management, and improving Jamaica's response to economic shocks will also be emphasized.


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