PIOJ Annual Report 2005 - Planning Institute of Jamaica
PIOJ Annual Report 2005 - Planning Institute of Jamaica
PIOJ Annual Report 2005 - Planning Institute of Jamaica
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R E P O R T 2 0 0 5<br />
Lasford Stone (centre) Manager, Multilateral Programmes, <strong>Planning</strong> <strong>Institute</strong> <strong>of</strong> <strong>Jamaica</strong> surveys the area along with (left to right) Patrick<br />
Reid (crouched), Site Engineer, Caribbean Engineering Corporations Ltd., Everette Lagore, National Irrigation Commission Works Engineer<br />
for Hounslow and Norman Cameron, Portfolio Manager, Caribbean Development Bank (CDB), during an evaluation exercise and site visit in<br />
Hounslow, St. Elizabeth on March 9, <strong>2005</strong>. The exercise is part <strong>of</strong> a collaborative process between the National Irrigation Development project<br />
and the Agricultural Support Services project, funded by CDB and the Inter-American Development Bank.<br />
US$16.3 million ($1.0 billion) and Government’s contribution<br />
<strong>of</strong> approximately US$222.2 million ($13.9 billion).<br />
The rescoping <strong>of</strong> projects in the IDB portfolio, aimed<br />
at arriving at a portfolio that was fiscally manageable was<br />
completed. The rescoping <strong>of</strong> the ROSE II and HIV/AIDS<br />
Prevention projects in the World Bank portfolio commenced.<br />
A loan <strong>of</strong> US$54.1 million ($3.3 billion) was approved<br />
by the CDB to finance the construction <strong>of</strong> the Montego<br />
Bay to Greenside section <strong>of</strong> the Northern Coastal<br />
Highway Improvement Project.<br />
Grant resources totalling US$1.95 million ($122.0<br />
million) were approved comprising US$1.3 million<br />
($81.4 million) from the IDB and US$650 000 from the<br />
Japan Policy and Human Resources Development facility,<br />
administered by the World Bank to prepare the Inner<br />
City Basic Services Project. The IDB grant amount<br />
included US$120 000 from the Japan Trust Fund to support<br />
the Trafficking in Person Project.<br />
Portfolio reviews were held with the IDB, CDB,<br />
Project Executing Agencies and Ministry <strong>of</strong> Finance and<br />
<strong>Planning</strong> to determine strategies for improving the rate <strong>of</strong><br />
implementation <strong>of</strong> the existing portfolios. Additionally,<br />
the monitoring and coordinating function <strong>of</strong> the division<br />
was reinforced by continued participation on steering<br />
committees for projects in the portfolios and site visits to<br />
assist in the analysis <strong>of</strong> work in progress. The Division<br />
coordinated the preparation <strong>of</strong> the Country Assistance<br />
Strategies for <strong>Jamaica</strong> with the World Bank, IDB and local<br />
stakeholders.<br />
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