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Remarks- 10th UK-Caribbean Ministerial Forum | Caribbean Development Bank

Good Morning or Good Afternoon, wherever you are. Let me place on record my appreciation to the UK government for providing this platform in which we can examine matters of common interest and explore opportunities for cementing, even further, a partnership that has long historical and economic ties.   The past 12 months have been a challenging period for all of us. The COVID-19 pandemic added a new dimension to the acute vulnerabilities of our small open economies.   Warren Buffet, the American businessman, perhaps best describes our stark realities when he said, “Only when the tide goes out do you discover who s been swimming naked”.  

CDB s COVID-19 Response Exceeds US$190 Million in 2020 - St Lucia News From The Voice

CDB’s COVID-19 Response Exceeds US$190 Million in 2020 February 28, 2021 Sponsored Share this post: 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.

CDB s COVID-19 response exceeds US $190 million in 2020 - The St Kitts Nevis Observer

CDB’s 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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