JSIF Funding Summary

The Jamaica Social Investment Fund is funded by soft loans and grants from regional and international funding agencies. JSIF’s major source of funding is the International Bank for Reconstruction and Development (World Bank). The GOJ is also an equally important source of funding for the JSIF as it has been instrumental in negotiating loans and grants with regional and international agencies and providing counterpart funding for these agreements. As of March 31, 2014, the GOJ has provided JM$ 3,975,523,466 .00 towards the financing of sub projects and administrative expenditure.

Beneficiary communities also contribute to the cost of their projects in the form of cash or kind. As of March 31, 2014, the value of their contributions towards JSIF projects within their communities, stands at JM$ 531,385,239 .00.

The following table gives a summary of funding received by the JSIF from the various agencies after June 2003.

Programme/Project Funding Agency & cost Duration
BANANA SUPPORT PROGRAMME EUROPEAN UNION € 1.445m DECEMBER 2008-DECEMBER 2010
BASIC NEEDS TRUST FUND 5 CDB & CIDA US $3.75M JUNE 2003-JUNE 2012
BASIC NEEDS TRUST FUND 6 CDB & CIDA US $4.777M JUNE 2009-DECEMBER 2012
BASIC NEEDS TRUST FUND 7 CDB US $6.98M JULY 2013-DECEMBER 2016
BASIC NEEDS TRUST FUND 8 CDB US $1.8M JULY 2013-DECEMBER 2016
COMMUNITY INVESTMENT PROJECT CDB US $15.108M APRIL 2009-MARCH 2013
EMERGENCY RECOVERY DEVELOPMENT WORLD BANK US $10M JANUARY 2008-JUNE 2011
Inner City Basic Services Project World Bank US $32.8M May 2006-December 2011
INTEGRATED COMMUNITY DEVELOPMENT PROGRAMME WORLD BANK US $42m MAY 2014-MAY 2020
JAMAICA DISASTER VULNERABILITY REDUCTION PROJECT WORLD BANK US $30m JULY 2016-JUNE 2022
JAPAN SOCIAL DEVELOPMENT FUND WORLD BANK & GOVERNMENT OF JAPAN US $2.650 JULY 2009-JULY 2013
PETRO CARIBE DEVELOPMENT FUND PETRO CARIBE DEVELOPMENT FUND jmd $260m AUGUST 2011-AUGUST 2017
Poverty Reduction Programme 2 European Union €10M June 2007-December 2013
POVERTY REDUCTION PROGRAMME 3 EUROPEAN UNION €10m MAY 2001-MAY 2016
POVERTY REDUCTION PROGRAMME 4 EUROPEAN UNION €14.54m NOVEMBER 2014-NOVEMBER 2020
RURAL ECONOMIC DEVELOPMENT INITIATIVE WORLD BANK US $17.5M JANUARY 2010-JULY 2016