IDB ready to assist Jamaica achieve economic growth

Mr. Luis Moreno, President of the Inter-American Development Bank (IDB) Group, has assured the Prime Minister Andrew Holness and the Government of Jamaica that the IDB stands ready to help the country accelerate the transition from financial stabilization to stronger and more inclusive economic growth.
    
The IDB is supporting access to microcredit in rural communities, developing psychometric tools to enable banks to evaluate loan applications from women-owned small businesses and putting together Jamaica’s first angel investor networks.
    
Mr. Moreno was speaking at the inauguration of the 19th staging of FOROMIC 2016, Latin America and the Caribbean’s most important conference on microfinance and entrepreneurship at the Montego Bay Convention Centre on Monday.