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    $90M IDB loan slated for Jamaica energy projects

    AP – Sat, Nov 5, 2011

    KINGSTON, Jamaica (AP) — Jamaica says it will receive a $90 million loan from the Inter-American Development Bank to help drive down energy costs.

    Energy and Mining Minster Clive Mullings says an initial $20 million will be used to replace some of the hydrocarbons used in the island's refrigerators and air conditioning units.

    He said another $1.2 million will be used partly to promote awareness about energy-saving measures.

    The government issued a statement Friday about the loan.

     

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