Finance Minister to sign another IDB loan
The finance minister Audley Shaw is to sign three multi-million dollar loan agreements with the Inter-American Development Bank (IDB) this afternoon.
The loans total US$170 million or JA$15.2 billion.
An advisory from the finance ministry said the loans are policy-based.
This means that the money can only be used to help in the reform of Government systems like the tax structure and not to fix roads or build schools.