Sat | Jan 19, 2019

IDB president to visit Ja

Published:Wednesday | December 3, 2014 | 12:00 AM

President of the Inter-American Development Bank (IDB), Luis Alberto Moreno, will be visiting Jamaica on December 18, the Ministry of Finance and Planning said on Monday.

Moreno's visit coincides with activities surrounding the celebration of the IDB's 45 years of partnership with Jamaica and will include visits to IDB-funded projects, a ground-breaking ceremony at the construction site of the new IDB offices in Kingston, and a cultural reception for IDB partners, stakeholders and staff.

On Friday, December 19, Moreno will meet with Prime Minister Portia Simpson-Miller, Minister of Finance and Planning, Dr Peter Phillips and other senior government officials.

The IDB, based on Washington, DC, is one of the largest sources of multilateral financing for Latin America and the Caribbean and is one of Jamaica's development partners.

The Bank's support includes the commitment of US$510 million under the government's economic support programme with the International Monetary Fund.

Priority areas for IDB funding to Jamaica include support for programmes to improve fiscal sustainability, enhance social protection and security measures, and improving Jamaica's business climate.