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World Bank VP to visit Jamaica next week

Published:Saturday | April 27, 2019 | 12:17 AM
van Trotsenburg
van Trotsenburg

The new World Bank vice-president for Latin America and the Caribbean, Axel van Trotsenburg, will start a two-day visit to Jamaica on Monday.

Over the course of the two days, he will meet with Prime Minister Andrew Holness as well as key representatives from the private sector, civil society, and the youth to discuss the World Bank’s support to the country’s efforts to improve economic and climate resilience as well as strengthen human capital and provide opportunities for young people.

During his first visit to Jamaica, van Trotsenburg will affirm the World Bank’s commitment to continued support of the Government’s efforts to promote sustainable growth for all Jamaicans.

He will be accompanied by Tahseen Sayed, the World Bank’s country director for the Caribbean, and Galina Sotirova, country manager for Jamaica.

He is expected to visit the animation lab at the University of Technology, supported by the World Bank under the Youth Employment in the Digital and Animation Industries project. He will have discussions with young entrepreneurs, including at-risk youth benefiting from the Bank-funded Housing, Opportunity Production and Employment Programme.

Van Trotsenburg, an economist and development expert with more than 30 years of experience at the World Bank Group, manages the bank’s relations with 31 countries and a portfolio of ongoing projects, technical assistance, and grants of about US$30 billion.

He previously served as country director for Colombia and Mexico from July 2007 to July 2009; and country director to Argentina, Chile, Paraguay, and Uruguay from 2002 to July 2007. In the beginning of his career, he also worked as country economist for Guatemala.

The World Bank Group has been a strong partner with Jamaica over the past 55 years, providing more than US$3 billion in loan and grant financing over the years.