$135m Allocated for the SPIRO Project

By: , February 17, 2025
$135m Allocated for the SPIRO Project
Photo: Donald De La Haye
Minister of Finance and the Public Service, Hon. Fayval Williams, tables the 2025/26 Estimates of Expenditure in the House of Representatives on February 13.

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The Government has allocated $135 million for work to be carried out under the Social Protection for Increased Resilience and Opportunity (SPIRO) Project during the upcoming fiscal year.

This sum is contained in the 2025/26 Estimates of Expenditure, which was tabled in the House of Representatives recently by Minister of Finance and the Public Service, Hon. Fayval Williams.

The project aims to expand Jamaica’s social protection coverage and strengthen the delivery system, particularly its capacity to respond to shocks.

Programmed engagements for fiscal year 2025/26 include consultations hosted with key stakeholders, to inform the development of an unemployment insurance framework, as well as assessment of the Labour Market Information System.

An assessment of employment services and development of the requirements to support the procurement of a Social Protection Information System will also be undertaken.

The project is funded through an International Bank for Reconstruction and Development (IBRD) loan.

Last Updated: February 25, 2025