
The United Kingdom has decided to wipe millions of dollars of Jamaica’s debt from the slate.
KINGSTON, Jamaica, Thursday April 7, 2011 – The United Kingdom’s Department for International Development (DFID) has granted Jamaica a total of J$327 million (£2.4 million/US$3.9 million) in debt relief.
The money had been owed on past official development assistance loans provided through the DFID, and the relief follows an assessment of selected indicators from the Jamaica Government’s Medium Term Framework and the National Development Plan.
The money had been owed on past official development assistance loans provided through the DFID, and the relief follows an assessment of selected indicators from the Jamaica Government’s Medium Term Framework and the National Development Plan.