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The Grass Roots - Senator C

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World Bank approves $US 70 million Development Policy Loan for Jamaica

A $70 million US Dollar Development Policy loan has been granted to Jamaica by the World Bank. This will be in support for Jamaica’s efforts to improve the investment climate, and sustain fiscal and public financial management. The move is a part of a large package of financial support, with the objective of boosting economic growth, while maintaining fiscal prudence.