PRESS RELEASE: Premier and Minister of Finance, Dr the Honourable D Orlando Smith, OBE has said that his government will be receiving project management support from the United Nations Development Programme (UNDP) to execute development projects for the territory.
Premier made the announcement on Thursday, April 12 after signing an agreement with the representatives from the UN global development network to provide an implementation support team to facilitate the efficient execution of the loan.
Premier Smith said the agreement will focus on capability building within ministries and departments when the Rehabilitation and Reconstruction Loan project funded by the Caribbean Development Bank (CDB) gets underway.
He added that the network’s experts will be working closely with public officers in technical areas including project management, procurement, and fiduciary.
Under the CDB loan project, the government will focus on social and economic infrastructure in the transport, water and sewerage, governance, education and national security sectors and the institutional strengthening for psychosocial support and disaster mitigation.
The Minister of Finance added that his government is grateful for the assistance of organisations like the UNDP in helping the territory to build stronger, smarter, greener and better.
The UNDP is an international inter-governmental organisation established by the General Assembly as a subsidiary organ of the United Nations.
Copyright 2020 BVI News, Media Expressions Limited. All Rights Reserved. This material may not be published, broadcast, rewritten or distributed.