RADIO BROADCAST BY THE MOST HON. P. J. PATTERSON ON, PC, QC, MP ON AUGUST 28, 2005 - Jamaica Information Service

The grace period, the interest rate of 1%, and a repayment over 23 years, will make available to the Government of Jamaica a pool of loan funds that must be prudently invested in programmes of social upliftment, improvements in our physical infrastructure and projects for economic growth which would otherwise be stymied by the limits of our own financial resources.