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POVERTY ALLEVIATION. THE JAMAICA SOCIAL INVESTMENT FUND EXPERIENCE. DEVELOPMENT OF THE JSIF. Established in 1996 A major plank in the Government of Jamaica’s National Poverty Eradication Programme Drew on experiences of SIF’s in the region
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POVERTY ALLEVIATION THE JAMAICA SOCIAL INVESTMENT FUNDEXPERIENCE
DEVELOPMENT OF THE JSIF • Established in 1996 • A major plank in the Government of Jamaica’s National Poverty Eradication Programme • Drew on experiences of SIF’s in the region • Originally designed as an emergency response mechanism • One of the most successful in the Caribbean
TECHNICAL ASSISTANCE • Suriname • St. Vincent & the Grenadines • Belize • St. Lucia • Trinidad & Tobago • Moldova
THE JSIF APPROACH • Demand-driven approach • Departure from traditional mode of project delivery • Communities involved in identifying priority needs • Builds social capital
COMMUNITY-DRIVEN DEVELOPMENT • Community-based contracting gives communities greater autonomy over their projects • Communities responsible for procuring goods, labour and services • Initial scepticism replaced by growing confidence • Trust is replicated
ACHIEVEMENTS • Political commitment • Institutional autonomy • High quality staff • Broad-based Board of Directors • Transparency & clarity • Rigorous audits • Effective targeting • Community participation • Collaboration with line ministries
ACHIEVEMENTS • 534 projects successfully completed • US$33 million disbursed • 1.2 million beneficiaries • 35% investment in education
CHALLENGES • Attracting & retaining high quality professionals • Maintenance of completed projects • Cooperation of line ministries • Forging trust
CONCLUSION • Despite achievements much remains to be done • Importance of partnership with NGO and private sectors • Instrumental in drawing attention to the issue of poverty in Jamaica