St. George – The Government is pleased to announce the unlocking of US$30 million in concessional financing from the World Bank Group. On Thursday, 20 July 2023, the Executive Board of the World Bank Group approved a concessional loan in the amount of US$30 million to the Government of Grenada as a testament to the […]
Washington, D.C., June 15 – Caribbean and Central American senior health officials met in Washington D.C. for a regional knowledge exchange forum to discuss healthcare financing and explore ways to accelerate progress toward universal health coverage (UHC). A 3-day event, organized by the World Bank with the support of the Korea World Bank Partnership Facility, […]
By: Lilia Burunciuc, World Bank Director for Caribbean Countries, and Timothy Antoine, Eastern Caribbean Central Bank Governor Did you know that non-communicable diseases are the main cause of premature deaths in the 30–69-year-old age group in the Eastern Caribbean? The rising prevalence of non-communicable diseases is pressuring countries and health systems in the Caribbean at […]
Belize, February 27, 2023 — Executive Directors of the World Bank Group last week completed an official visit to Belize where they saw first-hand the challenges and opportunities faced by the Caribbean Community (CARICOM) country. During the visit, the 10 Executive Directors met with the Prime Minister, the Honorable John Briceño, and Cabinet Ministers, visited World […]
February 8, 2023 – BRIDGETOWN, Barbados: The Caribbean Development Bank (CDB) and the World Bank charted a path for closer collaboration to drive the Caribbean’s development agenda during a joint working session held on February 2 and 3 in Kingston, Jamaica. Multi-sectoral teams from the institutions examined avenues for deeper cooperation to enhance development outcomes for […]
Three quarters of adults now have a bank or mobile money account; gender gap in account ownership narrows WASHINGTON, June 29, 2022— The COVID-19 pandemic has spurred financial inclusion – driving a large increase in digital payments amid the global expansion of formal financial services. This expansion created new economic opportunities, narrowing the gender gap […]
New World Bank-UNICEF report, in collaboration with UNESCO, calls for urgent action to mitigate the learning crisis in the wake of COVID-19 PANAMA CITY/WASHINGTON D.C., June 23, 2022 – Four in five sixth graders in Latin America and the Caribbean (LAC) are expected to lack basic reading comprehension proficiency, according to a report issued today by […]
The World Bank’s Board of Executive Directors has approved financing of US$44 million for the Guyana Strengthening Human Capital through Education Project. The project will focus on expanding access to quality education at the secondary level, as well as improving technical and vocational training (TVET) to meet the needs of the labor market. The funding aims […]
The World Bank’s Board of Executive Directors approved the financing of US$25 million for Grenada’s First Recovery and Resilience Programmatic Development Policy Credit. Before the pandemic, Grenada’s steadfast reform path to building economic resilience had attained solid growth, debt sustainability and poverty reduction. However, the COVID-19 pandemic caused massive socio-economic impacts, which are expected to exacerbate […]
