Critically needed personal protective equipment (PPE) is on its way to medical workers on the front lines of the Caribbean’s COVID-19 pandemic response. Yesterday, the Caribbean Development Bank (CDB) and the Caribbean Disaster Emergency Management Agency (CDEMA) took delivery of the majority of US$3 million worth of PPE at the Port of Bridgetown. CDB procured […]
The Presidents of the Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) and the Chief Executive Officer of IDB Invest have today signed a mutual cooperation agreement. The new agreement between the IDB Group and CDB support economic development and integration of the Caribbean community and common market. “Today’s signing ceremony is a […]
BRIDGETOWN, Barbados – Governments in nine Caribbean countries will still be able to maintain their disaster risk management efforts even with national finances stretched by the demands of responding to the COVID-19 pandemic. This is because the Government of Canada has partnered with the Caribbean Development Bank to offer assistance through a new CAD$20 million fund […]
The Board of Directors of the Caribbean Development Bank (CDB) approved funding for the rehabilitation and upgrading of 40 kilometres of the Millennium Highway and West Coast Road. The two corridors, constituting a third of Saint Lucia’s 137-kilometre primary road network, provide the main link between the capital city of Castries and the town of […]
We are pleased to share footage from the second public Digital Dialogue of the Caribbean Development Bank’s Resilience Series. Titled ‘Pivoting Your Business to Survive COVID-19: Innovation, Entrepreneurship and Brand Development’ the digital dialogue took place on Thursday, June 4, 2020. Panellists discussed the impact of COVID-19 on their businesses and clients and shared strategies and solutions they have been […]
May 20, 2020 – Prime Minister and Minister of Finance, Dr. the Right Honourable Keith Mitchell, says with the concessional financing Grenada has been able to attract, Government can focus more on the bolstering the healthcare system for the ongoing fight against the COVID-19 pandemic. Dr. Mitchell’s comments come against the backdrop of the announcement […]
The Caribbean Development Bank (CDB) is making available emergency loans to seven Caribbean countries, in the first instance, to finance the response to the COVID-19 pandemic. Today, the Bank’s Board of Directors has approved a total of US$66.7 million for Antigua and Barbuda (US$13 million), Belize (US$15 million), Dominica (US$2.5 million), Grenada (US$5.9 million), Saint Lucia (US$10.8 […]
The Caribbean Development Bank (CDB) is providing funds to purchase personal protective equipment needed by its Borrowing Member Countries (BMCs) to tackle the COVID-19 pandemic. The Bank’s Board of Directors recently approved US$3 million for the procurement of these urgently needed supplies. According to the Caribbean Disaster Emergency Management Agency (CDEMA), personal protective equipment, such as masks, […]
International bodies and credit agencies join forces with one fundamental premise: multilateralism and cooperation are essential to fighting this pandemic. San Jose, 7 April 2020 (IICA). The Inter-American Institute for Cooperation on Agriculture (IICA) participated in a virtual meeting convened by the Secretary General of the Organization of American States (OAS) and the Director of the […]
