Employee Stock Ownership Program

THE PROGRAMME WOULD PROVIDE FOR: (A) ESTABLISHMENT OF AN APPROPRIATE LEGAL FRAMEWORK; (B) INSTITUTIONAL STRENGTHENING OF RELEVANT SERVICES IN THE PUBLIC AND PRIVATE SECTOR; (C) DISSEMINATION OF THE PROGRAMME AMONG EMPLOYERS AND EMPLOYEES; (D) ESTABLISHMENT OF A MATCHING GRANT FUND TO FINANCE 50 OF EMPLOYEES' EXPENSES FOR FEASIBILTY STUDIES; AND (E) ESTABLISHMENT OF A FUND TO FINANCE ESOP IMPLEMENTATION IN STATE-OWNED COMPANIES BEING PRIVATIZED.

Project Detail

Country

Jamaica

Project Number

TC9307118

Approval Date

December 8, 1993

Project Status

Closed

Project Type

Technical Cooperation

Sector

Subsector

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 1,800,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 1,800,000.00