The Government of Jamaica has made significant strides in localising and integrating the SDGs in its planning framework, the National Development Plan (NDP). However, because the NDP is currently financed through the national budget, the financing model is challenged by tight budgetary constraints and limited fiscal space for additional debt.
The INFF will strengthen the public finance management capacity of the Ministries of Finance and Public Service; Education, Youth and Information; and Health and Wellness. This will ensure efficient, effective and equitable resource allocation towards the achievement of not only of the SDGs, but also of the country’s national outcomes reflected in Jamaica Vision 2030.
As a result of the INFF implementation, increased capacity, together with diagnostic budget analyses, development of financial simulation models and budget tracking systems will enable the reprioritisation of funds to services which affect the most vulnerable populations, including children, women and people with disabilities. By building capacity, promoting accountable and transparent financial management systems and processes, and linking national budgets to the SDGs, the INFF will contribute to the achievement of SDG 16 and 17, and has the potential to further accelerate SDGs concerning gender, health, and education.
For more details, visit the Joint SDG Fund website.