CDB’s 2014 Projects
Changing the Caribbean lays out the projects that were approved for 2014. Once completed, these projects, will be critical interventions which will positively transform the lives of the more than 16 million men, women, girls and boys in our Borrowing Member Countries (BMC’s).
We were pleased to have approved 19 projects across eight sectors valued at USD243.8 mn. Jamaica, Trinidad & Tobago and Belize were the three largest beneficiaries with projects valued at USD50 mn; USD40 mn and USD45 mn respectively. The first loan for Suriname, which joined the Bank in 2013, was approved in 2014.
The ‘Great Recession’ has had a significant impact on the small open economies of the Region. It has also had an impact on the men and women of the CDB. We understand too well the vulnerabilities of our BMCs and have been working feverishly to pursue sustainable solutions to help them through this crucial time. Today our Region needs us more than ever and we have responded and are focused on working harder than ever to improve the lives of children and families across the Caribbean.
- Nigel Romano