Thursday November 14, 2019 | Jamaica Observer
World Bank approves US$40m for Jamaica to boost agriculture and rural livelihoods
WASHINGTON, United States — The World Bank Board of Executive Directors approved today a US$40 million loan for Jamaica to boost income opportunities and job creation in rural areas through the second phase of the Rural Economic Development Initiative (REDI II).
Around 70,000 people are expected to benefit from investments in productive activities, training, and capacity building, with inclusion of youth and women as a priority, the bank said.
“The World Bank is delighted to support the continuation of the REDI project that will provide additional income opportunities for poor rural households—with a focus on youth and women,” Sevimli added.