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Jamaica: Thousands benefit from Basic Needs Trust Fund of JSIF

More than 120,000 persons have benefited from interventions implemented by the Jamaica Social Investment Fund (JSIF), under its Basic Needs Trust Fund (BNTF) programme, now in its ninth cycle.

The disclosure was made by Managing Director of JSIF, Omar Sweeney, at the agency’s headquarters on February 1.

“Since BNTF Five in 2003, US$28.51 million has been used to invest in more than 180 projects, benefiting more than 120,000 persons,” Sweeney said.

The BNTF is a special fund developed and hosted within the Caribbean Development Bank (CDB) and Borrowing Member Countries (BMC). The money collected is redistributed to the BMCs in the form of grants to allow for the development of critical infrastructure and social services within the countries.

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