Dec 21, 2020
The Caribbean Development Bank (CDB) and the Inter-American Development Bank (IDB) today signed a US$50 million loan agreement to support COVID-19 response projects in the Organisation of Eastern Caribbean States (OECS) Member States.
The agreement was signed by CDB Vice-President (Operations), Diana Wilson Patrick and IDB Representative in Barbados, Juan Carlos De la Hoz Vinas.
The loan will provide economic resources to OECS Member States – Antigua and Barbuda, Commonwealth of Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia and Saint Vincent and the Grenadines.
CDB’s Vice-President (Operations), Diana Wilson Patrick said,
“The COVID-19 pandemic has highlighted the specialised role that multilateral development banks, like CDB and IDB, play in coordinating development assistance and planning systematic recovery. We reaffirm our commitment to continued collaboration and partnership, to provide our Borrowing Member Countries (BMCs) with
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