$631.7 Million Allocated for REDI II Project

Minister of Finance and the Public Service, Dr. the Hon. Nigel Clarke, tables the 2023/24 Estimates of Expenditure in the House of Representatives on Tuesday February 14, 2023.
February 17, 2023
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A sum of $631.7 million has been earmarked to continue work to enhance access to markets and climate-resilient approaches for targeted beneficiaries in the tourism and agriculture sectors.

The details of the allocation, provided under the Rural Economic Development Initiative (REDI) II, is contained in the 2023/24 Estimates of Expenditure, which is before the House of Representatives.

Targets for the upcoming fiscal year include the rehabilitation of the St. Mary Multipurpose Cooperative Society cold storage and the Hanover Bee Farmers’ Cooperative Society honey bottling facilities, and the REDI II Agro-Invest Corporation’s Irrigation