World Bank Approves funds for regional E-Government project

WASHINGTON DC, United States, May 29, 2008 – The World Bank Board of Directors has approved three zero-interest credits totaling US$7.2 million for three regional countries to implement an Organisation of Eastern Caribbean States (OECS) regional e-government integration programme.


Dominica, Grenada and St. Lucia are to benefit from the funds.
 
“This project reflects the commitment of the OECS countries towards sub-regional cooperation, particularly in the application of new technologies for public sector modernization,” said Yvonne Tsikata, World Bank Country Director for the Caribbean.


“By taking advantage of economies of scale, a regionally integrated e-government program can enhance growth by reducing the cost of doing business and improving the efficiency, quality and transparency of public services.”
 
The OECS E-Government for Regional Integration Program will help harmonise regional e-government frameworks and applications by automating and pooling resources across the region, resulting in time- and cost-savings for governments, businesses and private citizens.
 
Specifically, the programme will coordinate national and regional e-government processes, as well as operational information and communications technologies (ICT) platforms and frameworks and improve key e-government systems by focusing on web-based front-end systems for service delivery and system interconnection
 
The World Bank said the programme is open to other OECS countries, including St. Vincent and the Grenadines, Antigua and Barbuda, and St. Kitts and Nevis. 
 
The three US$2.4 million zero-interest credits from the International Development Association (IDA) are repayable in 35 years, including a 10-year grace period.