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CARICOM Development Fund (CDF)
Year Established: 2009
CARICOM Development Fund (CDF) works in the following areas:CARICOM Institutions
The CDF was established under Article 158 of the Revised Treaty of Chaguaramas “for the purpose of providing financial or technical assistance to disadvantaged countries, regions and sectors.”
It is the centre-piece of the regime to address the disparities among the Member States of CARICOM which may result from the implementation of the CSME.
The Agreement Relating to the Operations of the Fund was signed in July 2008. CDF began operations with the assumption of duties of the first CEO on November 1st 2008.