Tuesday February 19, 2013
Global Jamaica: News
Antigua seeks budgetary support from World Bank
Published: Tuesday February 19, 2013 | 3:51 pm Comments 0ST. JOHN’S, Antigua, CMC – Antigua and Barbuda says it is seeking a development policy loan from the World Bank based on a comprehensive debt framework.
A government statement gave no indication as to the size of the loan, but said that it is a “budget support instrument similar to the policy” at the Barbados-based Caribbean Development Bank (CDB).
The statement said that a team from the World Bank had visited the island last week as a follow-up to a mission undertaken in November last year and that it held talks with Finance Minister Harold Lovell, Tourism Minister John Maginley and Minister of Telecommunications Dr. Edmond Mansoor.
It said that the World Bank team also met with private sector officials.
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The Gleaner reserves the right not to publish comments that may be deemed libelous, derogatory or indecent. Please keep comments short and precise. A maximum of 8 sentences should be the target. Longer responses/comments should be sent to "Letters of the Editor" using the feedback form provided.
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