Page 55 - JSIF Magazine Approved-v2-web4
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“It has unfortunately been the view that a people’s social            programme will be funded largely by the World Bank and the
       well-being has been held hostage to the imperatives            Inter-American Development Bank. The need is greatest in the
of macro economic policy and that programmes .bravely                 poorest communities to which this programme is directed.
announced at the start of a fiscal year become the subject            In their persistent poverty the people feel increasingly that
of cutbacks as a government grapple with the problems of              the government is not working on their behalf arid they feel
structural adjustment. The need of young people for basic             they have nothing to live for and no reason to conform to the
schools and skills, the need for health centres and community         standards of social behaviour that is expected of them. The
centres, the claims of minor economic infrastructure like feeder      prudent investment of these funds gives people real hope so
roads and small enterprises are not dealt with and the .people        that they regain faith in themselves and in the system and
begin to lose faith in the political process. It has been the policy  become assets rather than liabilities to our society. I hope that
of the World Bank to encourage and to finance programmes              this programme succeeds and becomes a model.”
such as the Social Investment Fund that will address these
issues and form part of the dynamic effort aimed at improving         RT. HON. EDWARD SEAGA, MP
social well-being.                                                    FORMER LEADER OF THE OPPOSITION

The Jamaica Social Investment Fund will try to strengthen             (Excerpt from Official Statement- Launch of the Jamaica Social Investment
the organisations that can be the vehicles of community               Fund)
development such as; non-governmental organisations
and community-based organisations that understand and                 Published in the Jamaica Gleaner, November 27, 1996.
are in touch with the peoples’ needs and that can insulate
the programme from partisan or bureaucratic forces. The
programme aspires as well to respond to the expressed needs
of the people rather than to tell the people what they need. This

“As Chairman of the Board of the Social Investment, I                 hope for our people. The vast experience of our people and
          look forward with a great deal of hope to the official      communities demonstrates that there are many innovative,
launch of JSIF. As Director of the Planning Institute of Jamaica      indigenous industries and local competencies which with the
where the project Preparation Monitoring Unit for JSIF resided, I     right amount of assistance can be built into income-generating
became intimately involved in the preparation of this innovative      and profitable projects for the benefit of all Jamaica. I am
project. As we learnt more about the aims and objectives              equally proud of the commitment demonstrated by the interim
of JSIF. it was with a sense of mission that the team put its         Board and the current Board of Directors to ensure that the
energy into the development and now the implementation of             project keeps to its original mandate to be transparent and non-
this project. The interest and involvement of our partners; the       partisan.”
World Bank, the Inter- American Development Bank and the
European Union, and other potential donors, as well as private        DR WESLEY HUGHES
sector individuals, was particularly satisfying.                      FORMER CHAIRMAN, JAMAICA SOCIAL INVESTMENT FUND

JSIF is the embodiment of the principles that must drive social       (Excerpt from Official Statement- Launch of the Jamaica Social Investment Fund)
policy in Jamaica today. It represents a new approach to the
provision of opportunities for the poorest communities, many          Published in the Jamaica Gleaner, November 27, 1996.
of whom are currently under-served by existing programme
and approaches. JSIF will channel investment to communities
by working in partnership with the private sector, non-
governmental and community-based organisations, as well
as the Government of Jamaica to build up the basic social
and economic infrastructure. A major objective is to rebuild

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