Japan Grants Aid to The Bahamas

0
1691

Pictured during the signing, seated from left: Mr. Manabu SAKAI, State Minister of Finance of Japan; Mr. Masanori NAKANO, Ambassador of Japan to the Commonwealth of The Bahamas; the Hon. Fred Mitchell, Minister of Foreign Affairs and Immigration, and the Hon. Philip Davis, Deputy Prime Minister and Minister of Works and Urban Development. Photos BELOW also show parties during handshake and a toast. (BIS Photos/Raymond A. Bethel, Sr.)
Pictured during the signing, seated from left: Mr. Manabu SAKAI, State Minister of Finance of Japan; Mr. Masanori NAKANO, Ambassador of Japan to the Commonwealth of The Bahamas; the Hon. Fred Mitchell, Minister of Foreign Affairs and Immigration, and the Hon. Philip Davis, Deputy Prime Minister and Minister of Works and Urban Development. Photos BELOW also show parties during handshake and a toast. (BIS Photos/Raymond A. Bethel, Sr.)

The Government of Japan has extended a grant opportunity to the Government of The Commonwealth of The Bahamas, for the purpose of contributing to the implementation of its Economic and Social Development Programme.

Through this initiative, the Government of Japan has extended to the Bahamian Government, by virtue of relevant laws and regulations and budgetary appropriations of Japan, two hundred million Japanese Yen (\200,000,000) — the equivalent of grant amount being $1,753,550.87 USD.

On Sunday, April 10, 2016 at an event organized and hosted by the Ministry of Foreign Affairs & Immigration, the Honourable Frederick A. Mitchell, Minister of Foreign Affairs and Immigration signed on behalf of the Government of The Commonwealth of The Bahamas, at the Balmoral Club.

The grant will be used by the Government of The Bahamas properly and exclusively for the purchase of products and/or services necessary for the implementation of the programme. Products and/or services to be purchased by this grant will be enumerated in a list that will be mutually agreed upon by the appropriate authorities of both governments. In addition, the grant shall be used for payment of such fees necessary for the implementation of the programme.

Eligible products for said grant are limited to equipment for disaster risk management, disaster response and disaster restoration. In addition, training and other necessary services for operation of maintenance of equipment or consultant services would be covered.

FlowTVISONAd CNG - Bahama Press Ad