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CDB’s COVID-19 Response Exceeds US$190 Million in 2020
February 28, 2021
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THE Caribbean Development Bank (CDB) provided more than $140.2 million in financing in 2020 and secured an additional $50 million for 2021 to support its Borrowing Member Countries (BMCs) in mitigating the macroeconomic fallout and adverse social effects of the COVID-19 pandemic.
The onset of COVID in the first quarter of the year triggered a steep fall in BMC government revenues, which along with an increased demand for healthcare and social support, put social services and health systems under pressure, exacerbated inequalities in education and increased the vulnerability of at-risk groups.
CDBâs COVID-19 response exceeds US $190 million in 2020
Bank President, Dr. Wm. Warren Smith.
ST. MICHAEL, Barbados The Caribbean Development Bank (CDB) provided more than $140.2 million in financing in 2020 and secured an additional $50 million for 2021 to support its Borrowing Member Countries (BMCs) in mitigating the macroeconomic fallout and adverse social effects of the COVID-19 pandemic.
The onset of COVID in the first quarter of the year triggered a steep fall in BMC government revenues, which along with an increased demand for healthcare and social support, put social services and health systems under pressure, exacerbated inequalities in education and increased the vulnerability of at-risk groups.
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CALL FOR PARTICIPANTS – VISUAL ARTS BIENNIAL ACCELERATOR
Caribbean Development Bank’s Cultural and Creative Industries Innovation Fund (CIIF) in collaboration with our accelerator partner Animae Caribe is seeking applications from visual artists to participate in I.C.E Caribbean (Incubator for Collaborative Expression), the first edition of a regional Visual Arts Biennial that will take place in Nassau, The Bahamas. Stakeholder consultation on February 19, 2021 from 2:30-4:30pm (AST). Applications due by 11:59pm AST on February 28, 2021.
Summary: CDB’s Cultural and Creative Industries Innovation Fund (CIIF) in collaboration with our accelerator partner Animae Caribe is seeking applications from visual artists to participate in I.C.E Caribbean (Incubator for Collaborative Expression), the first edition of a regional Visual Arts Biennial that will take place in Nassau, The Bahamas. This experimental, cutting edge approach highlights the transversal nature of t