Embassy of Jamaica, Washington, DC
 

      B U S I N E S S  Last updated: Friday, February 1st, 2008 8:00pm EST

Minister of Finance and the Public Service, the Hon. Audley Shaw and World Bank Caribbean Director, Yvonne Tsikata (right), sign the Hurricane Dean Emergency Recovery Loan agreement at the World Bank headquarters in Washington, DC. Observing at left is Jamaica Social Investment Fund Managing Director, Scarlette Gillings. Minister Shaw Signs Hurricane Dean Recovery
Loan Agreement with World Bank
Friday, February 1st, 2008

Efforts to mitigate the impact of Hurricane Dean on the Jamaican economy have been boosted with the signing of a US$10 million loan facility between the Government of Jamaica and the World Bank in Washington, DC.

The Hurricane Dean Emergency Recovery Loan agreement, which was signed on by Minister of Finance and Public Service, Audley Shaw, is aimed at rehabilitating the country's social and economic infrastructure in the aftermath of last year's major storm and seeks to ensure that economic targets are met, despite setbacks resulting from the hurricane.

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