This Technical Cooperation will support the Financial System Reform Support Program II (JA-L1076) of the Government of Jamaica, which aims to enhance the contribution of the financial sector to economic growth by: (i) enhancing financial stability; (ii) increasing financial inclusion; and (iii) improving the financial and business legal framework. The objectives of this TC are to: (i) Enhance Financial Stability, which will be accomplished through supporting the implementation of the Financial Resolution Regime (FRG) and the Deposit Insurance Scheme; and (ii) Increase Financial Inclusion, which will involve supporting the National Financial Inclusion Strategy (NFIS).
|Subsector||FINANCIAL MARKETS-FINANCIAL INCLUSION|
|Project Type||Technical Cooperation|
|Environmental and Social Impact Category||C|
|Approval Date||OCT 23, 2017|
|Contract Signature Date||OCT 23, 2017|
|IDB Financing *||0.35|
|Total Cost H||USD 350,000|
|Financing Type||Non-Reimbursable Technical Cooperation|
|Reporting currency||USD - United States Dollar|
|Reporting Date||NOV 30, 2017|
|Undisbursed Amount H||USD 350,000|
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