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COVID-19 increases financial needs of Caribbean nations

The Caribbean’s Gross Financial Needs (GFN), which increased to almost US $10 billion in 2020 largely due to the COVID-19 pandemic, are likely to remain elevated up to 2030, intensifying the need for external financing if countries are to achieve or maintain debt sustainability. The situation was highlighted by President of the Caribbean Development Bank (CDB), Dr Hyginus “Gene” Leon during the Bank’s Annual News Conference held on January 18, …

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Elevated Levels of Financing Needed for Caribbean Countries Up to 2030

Elevated Levels of Financing Needed for Caribbean Countries Up to 2030
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International finance institutionsSustainability development goals sdgsCaribbean development bankBank annual news conferenceGross financial needsAnnual news conferenceSustainability development goalsMember countriesInternational finance

CDB Mobilised US$80 Million in Flexible, Swift Pandemic Response in 2021

CDB Mobilised US$80 Million in Flexible, Swift Pandemic Response in 2021
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Caribbean Development Bank (via Public) / CDB projects regional economic growth of 9 1% in 2022

Caribbean Development Bank (via Public) / CDB projects regional economic growth of 9 1% in 2022
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CDB projects regional economic growth of 9 1% in 2022 | Caribbean Development Bank

CDB projects regional economic growth of 9 1% in 2022 | Caribbean Development Bank
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Saint luciaTrinidad and tobagoAntigua and barbudaIan durantCaribbean development bankBank annual news conferenceMember countriesEconomics ian durantAnnual news conferenceRetail trade