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  • Photo of CDB, EU, CROSQ Enabling Greater Market Access

    CDB, EU, CROSQ Enabling Greater Market Access

    (Caribbean Development Bank Press Release) Export-oriented businesses in Barbados, Dominica, and St Kitts and Nevis will be offered globally standardised testing at domestic laboratories as early as next year, says Daniel Best, Director, Projects Department at the the Caribbean Development Bank (CDB). The Bank has partnered with the European Union (EU) and the CARICOM Regional Organisation for Standards and Quality (CROSQ) to upgrade…

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  • Photo of Critical Personal Protective Equipment Procured for Caribbean Frontline Medical Workers
    COVID-19

    Critical Personal Protective Equipment Procured for Caribbean Frontline Medical Workers

    (Caribbean Development Bank, July 23, 2020, BRIDGETOWN, Barbados) – 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…

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  • Photo of CDB, IDB sign agreement to support economic development in CARICOM

    CDB, IDB sign agreement to support economic development in CARICOM

    BRIDGETOWN, Barbados (CMC) — The Barbados-based Caribbean Development Bank (CDB) on Monday signed an agreement with the Inter-American Development Bank (IDB) to support economic development and integration of the Caribbean Community (Caricom). “Today’s signing ceremony is a re-affirmation of CDB and IDB’s shared commitment to the sustainable growth and development of the Caribbean Region. It signals that we have reached…

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  • Photo of CDB makes US$140M available to counter COVID-19 pandemic, other disasters
    COVID-19

    CDB makes US$140M available to counter COVID-19 pandemic, other disasters

    (Caribbean Development Bank Press Release) The Board of Directors of the Caribbean Development Bank (CDB) met this week and approved up to US$140 million to be used by the Bank’s Borrowing Member Countries to tackle the fallout of the COVID-19 pandemic and other shocks to their economy. “The economic and social shock of the COVID-19 pandemic will likely be severe…

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  • Photo of CARICOM Development Fund To Be Restructured

    CARICOM Development Fund To Be Restructured

    (Barbados Government Information Service) So serious are the issues facing the region that its leaders have decided to restructure the CARICOM Development Fund to enable it to raise additional monies from individuals, companies, institutions, regional countries and extra regional countries. CARICOM Chair, Prime Minister Mia Amor Mottley, made this announcement on Wednesday, during a press conference on the final day…

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  • Photo of CDB Pushing TVET Lending

    CDB Pushing TVET Lending

    (Jamaica Gleaner) With youth unemployment still a major social concern facing the region, the  Caribbean Development Bank (CDB) has strategically been lending money to countries to set up technical and vocational education and training (TVET) centres in an effort to build workforce capacity. The average unemployment rate across Latin America and the Caribbean stood at approximately 17.9 per cent in 2018,…

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  • Photo of Remarks at Regional Stakeholders Consultation on the CSME

    Remarks at Regional Stakeholders Consultation on the CSME

    Warren Smith Good evening: Let me start by commending Prime Minister Motley for spearheading this very timely initiative. Last year, while attending your first Intercessional Heads of Government Meeting as Prime Minister, you declared your Government’s unequivocal commitment to the regional integration cause and Barbados’ readiness to play a full and active part in moving the process forward. I make…

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  • Remarks at Regional Stakeholders Consultation on the CSME

    By Dr. William Warren Smith, CD Errol Barrow Centre for the Creative Imagination University of the West Indies Cave Hill Campus Barbados Good evening: Let me start by commending Prime Minister Motley for spearheading this very timely initiative. Last year, while attending your first Intercessional Heads of Government Meeting as Prime Minister, you declared your Government’s unequivocal commitment to the…

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  • Photo of Remarks, Dr. Justin Ram, Director of Economics, CDB, at Stakeholder Consultation on CSME, Georgetown, Guyana, 8 June, 2018

    Remarks, Dr. Justin Ram, Director of Economics, CDB, at Stakeholder Consultation on CSME, Georgetown, Guyana, 8 June, 2018

    Salutations Good Morning All: It is indeed a great pleasure to be with you today and tomorrow as we discuss this very important topic of the Caribbean Single Market and Economy (CSME). We are particularly happy at the Caribbean Development Bank (CDB) to support these discussions. At this this point in time the CSME is critical for our Region. We…

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  • Photo of PM of Antigua and Barbuda: Better air transport essential for regional economic resilience

    PM of Antigua and Barbuda: Better air transport essential for regional economic resilience

    The Hon. Gaston Browne, Prime Minister of Antigua and Barbuda, has made a call for regional governments to embrace the reforms that are needed to create a sustainable air transport sector in the Caribbean. The Prime Minister was speaking at a seminar on Air Transport Connectivity and Competitiveness, hosted by the Caribbean Development Bank (CDB) in Grenada. Reliable connectivity of…

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