The Caribbean Development Bank (CDB) and the United Kingdom Department for International Development (DFID), have signed an agreement which will add GBP30 million (mn) to the United Kingdom Caribbean Infrastructure Partnership Fund (UKCIF). The agreement was signed on the sidelines of CDB’s Board of Directors meeting on July 26, 2018.
The Caribbean Development Bank’s (CDB) 48th Annual Meeting has ended in Grenada, with Governors of the institution uniting around the event’s theme of resilience. CDB President, Dr. William Warren Smith, in his closing statement on May 31, urged delegates to mainstream resilience; leverage opportunities for blue economy growth; and build “smart partnerships” to meet the Region’s development objectives.
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May 30, 2018, ST. GEORGE'S, Grenada – The President of the Caribbean Development Bank (CDB), Dr. Wm. Warren Smith, is urging regional leaders and development partners to work collaboratively and proactively to address the Region’s vulnerabilities, and to support resilience-building in the energy, agriculture and air transport sectors.
Port-au-Prince, Haiti – The Barbados-based Caribbean Development Bank (CDB) will establish its first country office in the Republic of Haiti later this year. Minister of Foreign Affairs, His Excellency Antonio Rodrigue and the Bank’s Vice-President (Operations), Monica La Bennett, signed the Agreement on February 27, 2018 on the sidelines of the 29th Intersessional Meeting of the Conference of Heads of Government of the Caribbean Community in Haiti. La Bennett said that the signing of the Country Agreement further cements the strong partnership between CDB and the Republic of Haiti.
December 14, 2017, BRIDGETOWN, Barbados – The Board of Directors of the Caribbean Development Bank (CDB) has approved USD65.5 million in loans and grants to the Government of the British Virgin Islands to assist with the recovery, rehabilitation and reconstruction of social and economic infrastructure, resulting from the cumulative effects of recent severe weather events.