IDB loans gov't US$20 million to better fight crime

Wednesday, November 22, 2017

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KINGSTON, Jamaica — The Inter-American Development Bank (IDB) says it has approved a US$20 million loan to support the Government of Jamaica's efforts to measurably increase the conviction rate for murders and other violent crimes.

According to a press release from the IDB today, the project aims to help reduce homicides “through intensified crime prevention activities as well as to improve the quality and rate of criminal investigations being managed by the Jamaica Constabulary Force (JCF)”.

It says key metrics will be the number of murder investigations and the overall murder conviction rate.
In addition to that, the loan is earmarked to train police personnel in the use of technology to combat crime and to improve criminal case management.

“Modernising the intelligence of the Jamaica Constabulary Force through the use of technology and better surveillance techniques are important to enhancing policing and citizen security in Jamaica," said Therese Turner-Jones, general manager of the IDB's Caribbean Country Department.

“A modern, trained police force is fundamental to improving the lives of the people of Jamaica," she added.

Referencing data showing that 19 per cent of female murders over the last five years was the result of domestic violence, compared to three per cent of male murders, the IDB said the US$20-million project will also seek to address “the high percentage of female murder victims of domestic abuse and intimate partner violence”.

The loan will be for a 25-year term, including a five-and-a-half-year grace period, at a LIBOR-based interest rate, and is funded through the IDB's Ordinary Capital.

The executing agency will be Jamaica's Ministry of National Security.

LIBOR stands for IntercontinentalExchange London Interbank Offered Rate. It is a benchmark rate that some of the world's leading banks charge each other for short-term loans.

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