cdb
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CDB urges Regional governments to DECIDE
The Caribbean Development Bank (CDB) has pointed to an urgent need for broad policy initiatives, including labour market reform and investment in developing the skills of potential workers to move Regional economies forward. In a presentation at the Bank’s Annual Review and Forecast titled, ‘Time to D.E.C.I.D.E,’ Director of Economics, Dr. Justin Ram said governments must aim to become Dynamic,…
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Caribbean economies in ‘recovery mode’ – CDB
BRIDGETOWN, Barbados, CMC – The economies of Caribbean countries are in a “recovery mode” even though it is still operating in a “somewhat topsy-turvy external environment,” the president of the Barbados-based Caribbean Development Bank (CDB), Dr. William Warren Smith said Wednesday. Delivering the annual report on the current state of Caribbean economies, Smith said though he remains “guardedly optimistic about…
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CDB launches education sector reform project in Belize
The Caribbean Development Bank (CDB) on Thursday launched a programme that will build 35 new schools, benefitting 5,300 students at the pre-primary, primary and secondary education levels in Belize. The Belize Education Sector Reform Programme focuses on providing children across the country with equitable access to a quality basic education, with a goal of increasing enrolment in post-secondary and tertiary education. It…
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CDB hosts ‘Conversation’ on gender socialisation
Gender stereotypes can be imposed on children from infancy, and therefore, the process of dispelling them must start in the early childhood years of development. This was a central message as the Caribbean Development Bank (CDB) hosted a Conversation on Gender Socialisation and Early Childhood Development (ECD), entitled ‘Teaching Them’, at its headquarters in Barbados on Friday January 15, 2016.…
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CDB approves Loan and Grant for Turks and Caicos – Funds to cover economic and transportation programmes
Following the acceptance of the Country Strategy Paper developed by Caribbean Development Bank, the Government of the Turks and Caicos Islands has moved quickly to work with the Bank to improve its economy and access technical assistance for transportation. Both a macroeconomic policy based loan and a transportation sector grant were approved by the Board of Directors of the Caribbean…
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CDB signs agreement with IDB to secure USD 71.5M sustainable energy programme for Eastern Caribbean
MIAMI, FLORIDA October 20, 2015 – More funding has been put in place to facilitate the growth of the renewable energy sector in the Eastern Caribbean. The Sustainable Energy Facility for the Eastern Caribbean; a USD 71.5 million loan and grant package was today signed by Dr. William Warren Smith, President of the Caribbean Development Bank (CDB) and Luis…
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IDB and CDB fund Sustainable Energy Facility for Eastern Caribbean
FLORIDA, United States, Tuesday October 20, 2015 – The Inter-American Development Bank (IDB) and the Caribbean Development Bank (CDB) have signed off on the Sustainable Energy Facility, a US$71.5 million loan and grant package that will fund renewable energy and institutional capacity projects in six Eastern Caribbean countries. The signing by Presidents Alberto Moreno of the IDB and Dr. William…
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CDB approves USD 10 million policy based loan to Grenada
BRIDGETOWN, Barbados – October 15, 2015 – The Board of Directors of the Caribbean Development Bank has approved the provision of a USD10 million loan to the Government of Grenada, to support reforms to stabilize the economy and pave the way for sustainable growth. This is the second of three Policy-Based Loans (PBLs) that have been proposed for Grenada to…
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CDB makes lifesaving investment in St. Vincent and the Grenadines
On the Northern Grenadine island of Bequia, if a pregnant woman goes into labour unexpectedly, sometimes her only option is to risk danger to herself and baby by traveling via speedboat to Kingstown, St. Vincent to deliver. For many years, residents of Bequia and neighbouring Mustique could not depend on the hospital and clinic in Port Elizabeth to meet their…
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CDB supports Grenada fishing industry, puts spotlight on safety at sea
ST. GEORGE’S, Grenada – For people who work at sea, an injury or accident while on the job could mean huge losses for them—and their families. In Grenada, where the fishing industry has experienced positive growth since 2012, but where most seafarers operate without formal training or certification, the impacts could be even more devastating. From September 2015 to June…
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