Senator Kamina Johnson Smith, Minister of Foreign Affairs and Foreign Trade - file photo
The Government on Monday signed two financing agreements with the European Union (EU), under the 11th European Development Fund, valued at J$2.8 billion.
This will support the Public Finance Management Reform Programme at a cost of J$509.1 million, with first disbursement of J$132.5 million.
It will also address environmental and climate change challenges through improved forest management in Jamaica at a cost of J$2.3 billion, with first disbursement of $279 million.
The agreements were signed by Senator Kamina Johnson Smith, Minister of Foreign Affairs and Foreign Trade, and Neven Mimica, Commissioner in charge of International Cooperation and Development in the European Commission, during a ceremony held at The Jamaica Pegasus hotel in New Kingston.
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