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Jamaica has received a second tranche of funding from the European Union (EU) to support its push towards a digital economy, bringing total disbursements under the Digital Jamaica programme to $613.5 million.
The programme, valued at $1.7 billion (€9.5 million) over 48 months, aims to expand access to information and communications technology (ICT), strengthen digital skills and support business transformation. It is delivered through a budget-support arrangement comprising three fixed and three variable tranches.
At a handover ceremony at the Ministry of Finance and the Public Service in Kingston on May 21, State Minister Zavia Mayne said the funds would help bolster Jamaica’s economic competitiveness and resilience.
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