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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, …

Switzerland hands over Ukraine Recovery Conference hosting to UK

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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