Grenada Broadcasting Network

17th May 2022

  

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The World Bank has approved over US$45-Million to support Grenada’s Digital Strategy and health system.

Grenada’s digital initiatives will receive US$15 million credit.

The project will build on government reform efforts to provide accessible and resilient online services to citizens and businesses.

Tahseen Sayed, World Bank Country Director for the Caribbean says “Globally, digital technology is transforming the way government, businesses, and citizens interact, and it is being used to deliver smarter, resilient, and customer-centered public services”.

The Digital Government for Resilience Project is designed to help Grenada reduce the time spent on tax-related transactions, increase the number of civil registry transactions processed digitally, and improve continuity of government services.

Grenada currently maintains paper files for many critical citizens and private sector services, such as birth and death registration, marriage and adoption, tax filing, government contracts, and judicial records and deeds.

The US$15million project is financed from an International Development Association credit, the concessional financing arm of the World Bank, and has a final maturity of 40 years including a grace period of 10 years.

Additionally, Grenada is one of 4 OECS territories to benefit from a US$30.6 million health project, designed to improve regional coordination and resilience for public health emergencies and extreme weather events.

According to preliminary assessments conducted by the Pan American Health Organization, more than 75 percent of health facilities in some OECS countries may not be operational after a disaster.

The project will finance critical renovations in roofing, electrical safety, plumbing and water storage, lighting, and telecommunications.

This US$30.6 million project is a combination of interest-free credits and grants financed through the International Development Association credit (IDA), the concessional financing arm of the World Bank.

Other approved territories include Dominica, St. Lucia and St. Vincent and the Grenadines.

 

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