Business

Jamaica gets US$37 million for public sector reform

Thursday, July 10, 2014    

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WASHINGTON, DC, USA (CMC) — The World Bank says Jamaicans will benefit from improved service delivery and an enhanced business climate as a result of a US$37 million project for public sector transformation.

The Washington-based financial institution said that the project will improve customs administration and standardisation, and modernise the public sector by strengthening government capacity and effectiveness in service delivery.

"Together with the Jamaican Government and development partners, we are working to help drive necessary reforms that will increase efficiency and maximise the use of available resources to create a more vibrant business environment and boost the economy," said Sophie Sirtaine, World Bank country director for the Caribbean.

Sirtaine said the Strategic Public Sector Transformation project will specifically strengthen the Public Investment Management System and improve monitoring through citizens' participation.

It will also implement results-based budgeting to make more efficient and strategic allocation of resources for public investments, roll out new standard operating procedures for customs to reduce the time and lower transaction costs for trading internationally.

Additionally, Sirtaine said the project will strengthen the Bureau of Standards to provide improved services to the trading community.

"Without public sector reform we cannot effectively create the vibrant business environment needed to expand our economy and provide real opportunities for jobs and investment to secure our future," said Minister of Finance Dr Peter Phillips.

As Jamaica recovers from the effects of the 2008 global crisis, the World Bank said the Government has also reaffirmed its commitment to tackle some of the key public sector challenges.

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