The World Bank has approved a loan of US$50 million for Jamaica’s Foundations for Competitiveness and Growth Project.
This will assist existing and new businesses to benefit from streamlined regulations and processes, public-private partnerships, as well as training and access to financing.
Finance Minister Dr. Peter Phillips says the project complements Jamaica’s fiscal and monetary measures by supporting efforts within the public sector to enhance competitiveness among Jamaican enterprises.
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World Bank approves US450M "Competitiiveness" loan for Jamaica
